3151 W Lamar Alexander Pkwy, Friendsville, TN 37737
This exceptional 7.83-acre commercial land parcel presents a prime development opportunity in Friendsville, Tennessee. Strategically located on Highway 321, the property boasts excellent visibility and convenient access to major roadways. Zoned C-2, this site allows for a wide range of commercial uses, including office buildings, retail spaces, mini-warehouses, or self-storage facilities. Its proximity to Maryville, Alcoa, and Lenoir City, along with its location just 9.5 miles from McGhee Tyson Airport, ensures strong potential for attracting businesses and customers. The asking price is $399,000, translating to $1.25 per square foot. Preliminary engineering work has already been completed for potential development concepts, streamlining the planning process for future projects. The property's APN is 055 09900. This is a rare opportunity to acquire a well-situated, commercially zoned tract of land in a rapidly growing area of Blount County. Don't miss this chance to capitalize on the significant potential of this valuable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.