Property profile

8123 Lamar Alexander Pkwy Townsend, TN 37882

OFF-MARKET
Turn key restaurants
Property ID
US80-2140672
5,100 SF 1.03 ac lot Built 1991
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Total area 5,100 SF
Lot 1.03 ac (44,867 SF)
Zoning code B-1
APN 005097 10400
UPID US80-2140672

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8123 Lamar Alexander Pkwy Townsend, TN 37882-4035
Townsend metro Census 11401 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$120k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2024
Last sale
$122,000
4 recorded transactions
2024
Price N/A
2013
Price N/A
1990
$122,000
1990
$122,000

Zoning & alternative use

B-1 · Townsend, TN
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 st…

General category COMMERCIAL

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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