Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
2216 Lamar Alexander Pkwy Maryville, TN 37804-5315
Individually Owned
19-yr Hold
Free & Clear
Property ID
US80-1334970
Property summary
AI-generated overview
This single-story, 2,112 square foot veterinary hospital in Maryville, Tennessee is offered at $550,000, representing a 7.90% cap rate. Located at 2216 E Lamar Alexander Pkwy, 37804, this Class B medical office building sits on a 15,246 square foot lot and is zoned C-1 General. Built in 1985 and renovated in 2015, the property boasts 100% occupancy with a gross lease in place. The single tenant occupies all 2,112 square feet of rentable space, providing a stable investment opportunity. The property features convenient access for residents and commuters, making it an ideal location for veterinary services. Financial records indicate a stabilized investment with strong potential for future growth. The property's location within a high-demand area for medical services further enhances its investment appeal. This turnkey operation presents a rare opportunity for a healthcare investor seeking a profitable and established business. The property's air rights also encompass 2,112 square feet.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Construction
WOOD
Total area
2,368 SF
Lot
0.35 ac (15,246 SF)
Zoning code
BT
APN
005058C C 01502
UPID
US80-1334970
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mountain Highway Veterinary Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bennett,rebecca A · 19 yrs held
Bennett,rebecca A
since 2007
1 recorded transaction
Zoning & alternative use
BT · Maryville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Maryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$2,746
Tax year 2022
Assessed value
$126,160
Assessed 2023
Previous assessed
$111,160
+13.5% YoY
Effective rate
2.18%
On assessed value
Assessed land
$54,320
Assessed improvement
$71,840
Land market value
$135,800
Improvement market value
$179,600
Total market value
$315,400
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
0
Total area
2,368 SF
Lot
0.35 ac (15,246 SF)
Zoning code
BT
APN
005058C C 01502
UPID
US80-1334970
Jurisdiction
BLOUNT
Zoning & alternative use
BT · Maryville, TN
Zoning BT · permitted uses
BT · Maryville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maryville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
0.35 ac
Current owner
From public records · entity-resolved
Bennett,rebecca A
Individual
Free & Clear · 19 yrs held
Mailing address
2216 E LAMAR ALEXANDER PKWY, MARYVILLE, TN 37804-5315
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2007
—
Bennett,rebecca A
Kant,kenneth J & Elaine
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2216 Lamar Alexander Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
