Property profile

300 Market Dr Lenoir City, TN 37771

OFF-MARKET
Commercial real estate
Property ID
US80-2790933
59,712 SF 16.13 ac lot Built 2008
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Construction FRAME
Total area 59,712 SF
Lot 16.13 ac (702,623 SF)
Zoning code C-3
APN 053015 20011
UPID US80-2790933

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
  • Physician
  • Take-out & Catering
  • Physician
  • Loan Service
  • Physician

Location

300 Market Dr Lenoir City, TN 37771-6458
Lenoir City metro Census 60204 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.55M
CAP Approach CAP
$10.03M
Comparable Approach Comparable
$8.78M
Blend (final) Blend
$11.26M

Owner & transaction history

since 2022
Last sale
$12.6M
5 recorded transactions
2022
$12.6M
2018
$9.4M
2018
Price N/A
2013
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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