Property profile

3700 Industrial Park Dr Lenoir City, TN 37771

OFF-MARKET
Manufacturing properties
Property ID
US80-0806424
23,005 SF 10.44 ac lot Built 2000
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2000
Construction FRAME
Total area 23,005 SF
Lot 10.44 ac (454,766 SF)
Zoning code M-2
APN 053026 05100
UPID US80-0806424

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
  • Building Supply Factory
  • Building Supply

Location

3700 Industrial Park Dr Lenoir City, TN 37771-3202
Lenoir City metro Census 60203 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.60M

Owner & transaction history

since 2020
Last sale
$1.4M
6 recorded transactions
2020
$1.4M
2011
$1.7M
2007
$2.0M
2002
Price N/A
1999
$59,000
1995
Price N/A

Zoning & alternative use

M-2 · Lenoir City, TN
Zoning description

exception in the M-2 (Heavy Industrial District). Due to the secondary effects associated with sexually oriented adult businesses, like crime, health, safety, and traffic issues, no sexually oriented adult business shall…

General category INDUSTRIAL
Top alternative use upside
Medical building $2.3M +185.7%
Commercial (general) $2.1M +158.5%
Auto repair, garage $1.8M +124.8%

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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