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Property profile & analytics
OFF-MARKET Estimated value $1,010,000
Retail space

7126 Lamar Alexander Pkwy Townsend, TN 37882-3801

8,088 SF 1.03 ac lot Built 2013
Entity Owned 13-yr Hold Free & Clear
Property ID
US80-2421171
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Total area 8,088 SF
Lot 1.03 ac (44,867 SF)
Zoning code B-1
APN 005096 12700
UPID US80-2421171
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
  • Cades Cove Cellars Brewery & Distillery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$985k
Blend (final) Blend
$1.01M
Owner & transaction history
Cades Cove Cellars LLC · 13 yrs held
Cades Cove Cellars LLC
since 2013
5 recorded transactions
2013
$145,000
2013
$238,040
1986
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-1 · Townsend, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. Freestanding signs in B-1, General Business District are subject to the following standards: a.) Each parcel may be permitted one (1) freestanding sign per parcel, if the parcel is occupied by an enclosed permanent structure greater than eight hundred (800) square feet. b.) No freestanding sign shall exceed one hundred and twenty-eight (128) square feet u…

Zone name General Business
General category COMMERCIAL
Zone area 678.46 ac
Source CHAPTER 2
Top alternative use upside
Medical building $1.6M +66.9%
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