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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7835 Lamar Alexander Pkwy Townsend, TN 37882

Property ID
US80-1748088
Property summary
AI-generated overview

This exceptional commercial property, located at 7835 E Lamar Alexander Parkway in Townsend, Tennessee, presents a unique investment opportunity. The property encompasses a well-maintained, approximately 3400 square foot log building situated on 0.99 acres of land. This versatile building is ideally suited for a variety of commercial uses, including retail, office space, or hospitality ventures. Its prime location in Townsend, a gateway community to the Great Smoky Mountains National Park – the nation's most visited park – offers unparalleled access to a large and diverse customer base. The property's commercial zoning (B-1) allows for flexibility in development and business operations. Adding to its value, an adjacent lot is included in the sale, complete with existing footers, providing the potential for future expansion or the construction of an additional building. The asking price for this exceptional property is $999,000. This presents a rare chance to acquire a well-established commercial property with significant growth potential in a thriving tourist destination. The property's combination of existing building and expandable land makes it an attractive investment for both established businesses and new ventures seeking a foothold in a high-traffic area. Don't miss this opportunity to own a piece of Townsend's vibrant commercial landscape.

Property profile
Verified
Property type Retail properties & Spaces
UPID US80-1748088
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
  • Smoky Mountain Log Cabin Rentals Vacation Rental Real Estate Agency
  • Grant Management Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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