Property profile

1500 Simpson W Rd Lenoir City, TN 37771

OFF-MARKET
Office Spaces
Property ID
US80-1510614
4,000 SF 0.31 ac lot Built 2018
Individually Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2018
Total area 4,000 SF
Lot 0.31 ac (13,504 SF)
Zoning code C-3
APN 053015 34200
UPID US80-1510614

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency

Location

1500 Simpson W Rd Lenoir City, TN 37771-6568
Lenoir City metro Census 60204 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$670k
Comparable Approach Comparable
$428k
Blend (final) Blend
$675k

Owner & transaction history

since 2009
4 recorded transactions
2024
Price N/A
2009
$160,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Lenoir City, TN
Zoning description

408. C-3, Highway Commercial District. The C-3, Highway Commercial District is established to p rovide for g eneral commercial activity along major collectors and arterial highways. The regulations are designed to encour…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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