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Property profile & analytics
OFF-MARKET Estimated value $6,010,000
Office Spaces

3429 Regal Dr Alcoa, TN 37701-3265

57,034 SF 7 ac lot Built 1997
Entity Owned Absentee Owner Free & Clear
Property ID
US80-1248012
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1997
Construction FRAME
Total area 57,034 SF
Lot 7 ac (304,920 SF)
Zoning code E
APN 005017 08001 001
UPID US80-1248012
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
  • Team Health Medical Billing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.70M
Comparable Approach Comparable
$4.27M
Blend (final) Blend
$6.01M
Owner & transaction history
WEST PROPERTIES II G P
WEST PROPERTIES II G P
Zoning & alternative use
E · Alcoa, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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