3429 Regal Dr Alcoa, TN 37701
- Office Properties & Spaces
- 57,034 SF
- 7.00 lot acres
Current Use by Public Records
- Team Health / Medical Billing Service
Property Details for 3429 Regal Dr
- Year built
- 1997
- Construction
- FRAME
- Lot size
- 7.00 lot acres
- Property size
- 57,034 SF
- Zone code
- E
- Property type
- Office Properties & Spaces
- APN
- 005017 08001 001
- APU
- 501708001001
Description
This exceptional Alcoa, Tennessee property offers 56,604 square feet of versatile office and flex space, ideally situated at 3429 Regal Drive. The building, constructed in 1995, sits on eight acres of land and is zoned E. This Class B property features a single, two-story building with multiple tenants. The layout includes 35,000 square feet on the main level and 21,000 square feet on the lower level, with three spaces currently available for lease. The interior boasts 22 private offices, an executive conference room, two training rooms, two break rooms, and a fitness center. Amenities also include an elevator, a backup generator, and a substantial 325-space parking lot, easily accommodating up to 400 employees in a cubicle configuration. A unique feature is an 8' x 20' roll-up door, opening up possibilities for flex or light industrial redevelopment. The property's proximity to McGhee Tyson Airport (within one mile) provides convenient access to Knoxville and Maryville. For those interested in ownership, owner financing is available. The property's APN is 005017 08001 001.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,340,000
- 6.5%
- $7,700,000
- 7%
- $7,150,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,274,000
Market price range: $2.20M - $8.13M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alcoa
- County
- Blount
- State
- Tennessee
- Longitude
- -83.97
- Latitude
- 35.8328
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
