7052 E Lamar Alexander Pkwy Townsend, TN 37882
Property profile & analytics
7052 E Lamar Alexander Pkwy Townsend, TN 37882
- Commercial real estate
- 1,800 SF
- 2.00 lot acres
Property ID
US80-1437208
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Smoky Mountain Lodge / Hotel & Motel / Bed & Breakfast
Property Details for 7052 E Lamar Alexander Pkwy
- Year built
- 1950
- Lot size
- 2.00 lot acres
- Property size
- 1,800 SF
- Zone code
- B-1
- Property type
- Commercial real estate
- APN
- 005095 01501
- APU
- 509501501
Description
This 16-unit apartment building, known as The Trailblazer, presents a compelling investment opportunity in Townsend, Tennessee. Located at 7052 E Lamar Alexander Pkwy, 37882, this multifamily property boasts 8,940 square feet and is situated just eight minutes from the entrance to Great Smoky Mountains National Park. The property underwent a complete renovation in 2023, featuring brand-new kitchenettes, fixtures, and furniture throughout all 16 units, ensuring a modern and comfortable experience for residents. Exterior improvements include updated landscaping and the addition of fire pits and grills. Built in 1972, the building is zoned B-1, offering flexibility in its operation. Currently configured as an apartment building, it also presents the potential for operation as a motel, capitalizing on a market with limited competition and offering a strong potential for increased net operating income. The asking price is $1,550,000, translating to $173.38 per square foot. This turn-key property offers significant capital expenditure improvements and convenient access to major attractions in the area, including Pigeon Forge and Gatlinburg. The property's prime location near the highly popular national park makes it an attractive investment for both short-term and long-term rental strategies.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,305,000
- ML approach
- $1,185,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $820,000
Market price range: $141k - $820k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Townsend
- County
- Blount
- State
- Tennessee
- Longitude
- -83.7893
- Latitude
- 35.6813
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,572
$125,000
$253,320
$378,320
-
$312,500
$633,300
$945,800
