Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

312 Grv St Loudon, TN 37774-1222

  • Retail space
  • 2,142 SF
  • 0.18 lot acres
OFF-MARKET
Last Sale
Oct 25, 2024
$304,000
Value Estimations
$310,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US80-0694284
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

  • Get Fully Funded / Consultant

Property Details for 312 Grv St

Year built
1925
Lot size
0.18 lot acres
Property size
2,142 SF
Zone code
C-1
Property type
Retail space
APN
053041B A 00200
APU
053041BA00200

Description

This exceptional investment opportunity presents two executive office suites totaling 1,810 square feet, situated on a 0.42-acre lot in the heart of historic downtown Loudon, Tennessee. The property, located at 312 Grove St, Loudon, TN 37774, includes two well-maintained suites, each featuring approximately 900 square feet of space, a back storage room, and a bathroom. Built in 1925 and renovated in 1982, the single-story building sits on a lot that also encompasses an additional 0.24 acres of vacant land, ideal for employee or customer parking. The property is zoned C-1, offering flexibility for continued office use or conversion to retail space. The combined annual property taxes for both parcels are $1,647. This property benefits from its proximity to other thriving businesses such as The Shoppes on the Square, Angie's Kitchen, Greer's Home Furnishings, Serendipity Boutique, and Sons of Smoke BBQ. Floor plans are available. The asking price is $359,000, translating to $198.34 per square foot. Currently occupied, please do not disturb tenants. This is a rare opportunity to acquire a versatile property in a desirable downtown location with significant potential for growth and return on investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $305,000
    ML approach
    $305,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $515,000
    6.5%
    $475,000
    7%
    $440,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $188,000
    Market price range: $76.7k - $279k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $395,000

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


Location Insight

  • Map
  • Local Demand
City
Loudon
County
Loudon
State
Tennessee
Longitude
-84.3374
Latitude
35.7426
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
0
$0.00
$7,160
$44,240
$51,400
-
$17,900
$110,600
$128,500
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