Property profile

511 Louisville Rd Alcoa, TN 37701

OFF-MARKET
Grocery and convenience stores
Property ID
US80-1574999
6,520 SF 0.73 ac lot Built 1976
Individually Owned Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,520 SF
Lot 0.73 ac (31,799 SF)
Zoning code E
APN 005046K A 02000
UPID US80-1574999

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
  • Grocery & Convenience Store
  • Grocery & Convenience Store
  • Gas Station
  • Atm
  • Bank Credit Union

Location

511 Louisville Rd Alcoa, TN 37701-1821
Alcoa metro Census 10100 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$833k
Blend (final) Blend
$305k

Owner & transaction history

Zoning & alternative use

E · Alcoa, TN
Zoning description

er 2, Sub-Chapters 2.1-2.31: Zoning Ordinance 2.1 Residence A (PDF) 2.2 Residence B (PDF) 2.3 Residence C (PDF) 2.4 Planned Residential Unit Development C-1 (PDF) 2.5 Neighborhood Commercial D (PDF) 2.6 General Business…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.3M +67.1%
Medical building $1.3M +66.9%

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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