Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1707 Lamar Alexander Pkwy Maryville, TN 37804-6202

    • Commercial real estate
    • 35,260 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimations
    $3,975,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1735460
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • Primo Water Exchange / Big Box & Wholesale Store
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Food Lion / Grocery & Convenience Store / Food Market
    • Coinstar Kiosk Bitcoin Enabled / Bank / Credit Union

    Property Details for 1707 Lamar Alexander Pkwy

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.00 lot acres
    Property size
    35,260 SF
    Zone code
    SPLIT
    Property type
    Commercial real estate
    APN
    005058B B 00609
    APU
    005058BB00609

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,155,000
      6.5%
      $4,760,000
      7%
      $4,420,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,661,000
      Market price range: $1.49M - $5.36M
      AI Estimate
      $3,507,000
      Market price range: $1.36M - $5.20M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,345,000
      Current use
      AUTO REPAIR, GARAGE
      $4,120,000
      Change: +23% Conversion: Difficult
      RETAIL STORES
      $3,845,000
      Change: +15% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Maryville
    County
    Blount
    State
    Tennessee
    Longitude
    -83.9478
    Latitude
    35.7564
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,593
    $264,120
    $1,156,640
    $1,420,760
    -
    $660,300
    $2,891,600
    $3,551,900

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      Harper Ave

      COMMERCIAL (GENERAL) • 0.19 Acres
      Harper Ave, Maryville, TN 37804
      View Details
    • Value Estimation by Request
      0.51 Acres

      7th St

      COMMERCIAL (GENERAL) • 0.51 Acres
      7th St, Maryville, TN 37804
      View Details
    • Value Estimation
      $795,000
      0.71 Acres

      805 Broadway Ave

      COMMERCIAL (GENERAL) • 0.71 Acres
      805 Broadway Ave, Maryville, TN 37804
      View Details
    • Value Estimation
      $520,000
      9,750 SF

      215 Doc Norton Rd

      COMMERCIAL (GENERAL) • 9,750 SF
      215 Doc Norton Rd, Maryville, TN 37804-3956
      View Details
    • Value Estimation
      $790,000
      9,123 SF

      2902 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 9,123 SF
      2902 Lamar Alexander Pkwy, Maryville, TN 37804-6001
      View Details
    • Value Estimation
      $2,105,000
      14,550 SF

      1602 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 14,550 SF
      1602 Lamar Alexander Pkwy, Maryville, TN 37804-6206
      View Details

    Similar Nearby for Sale

    • $350,000
      5,376 SF

      Maryville Commercial Building - Great Location

      High-traffic area, 5376 sq ft, three bays.
      2621 Broadway Ave, Maryville, TN 37804
      View Details
    • $775,000
      4,136 SF

      Historic Maryville Property with Potential

      Versatile property in downtown Maryville, suitable for various uses.
      321 High St, Maryville, TN 37804
      View Details
    • $625,000
      6,000 SF

      Office Warehouse with Vehicle Access

      Office warehouse with drive-through vehicle access and ample storage.
      225 Doc Norton Rd, Maryville, TN 37804
      View Details
    • $3,300,000

      Multifamily Development Opportunity in Maryville

      17.97 acres suitable for 200+ unit multifamily development.
      3303 E Lamar Alexander Pkwy, Maryville, TN 37804
      View Details
    • $30,000
      0.43 Acres

      Residential Land in Quiet Cul-de-Sac

      0.43-acre lot in Maryville, ideal for building a home.
      203 Allen Ct, Maryville, TN 37804
      View Details
    • $499,500
      12.00 Acres

      Maryville, TN Land with Views

      12-acre tract in Maryville, TN, ideal for estate or hobby farm.
      123 Adohi Trl, Maryville, TN 37804
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      12,661 SF

      Browns Creek Retail Center Opportunity

      Maryville, TN Shopping Center - Spaces Available
      1625 Lamar Alexander Pkwy, Maryville, TN 37804
      View Details
    • $19 SF/Yr
      31,027 SF

      Chilhowee Medical Park Offices

      Medical Office Space Available in Maryville
      2020 Lamar Alexander Pkwy, Maryville, TN 37804
      View Details
    • $495 /Mo
      3,240 SF

      Executive Office Suite For Lease

      Class A executive office suite available for lease in Maryville.
      118 Parliament Dr, Maryville, TN 37804
      View Details
    • $24 SF/Yr
      2,750 SF

      Renovated Historic Office Building

      Renovated office building in Maryville with storage space.
      908 W Broadway Ave, Maryville, TN 37804
      View Details
    • $19 SF/Yr
      9,970 SF

      Retail/Office Space with Tenant Improvements

      Retail or office space available with tenant improvement allowance.
      1536 E Broadway Ave, Maryville, TN 37804
      View Details
    • $4,400 /Mo
      3,785 SF

      Maryville Office Space For Rent

      Professional office space in a convenient, desirable Maryville location.
      503 Lamar St, Maryville, TN 37804
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1707 Lamar Alexander Pkwy
    Maryville, TN 37804-6202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.