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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

8125 Lamar Alexander Pkwy Townsend, TN 37882-4035

2,414 SF 0.43 ac lot Built 1950
Individually Owned 4-yr Hold Free & Clear
Property ID
US80-2796218
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1950
Total area 2,414 SF
Lot 0.43 ac (18,731 SF)
Zoning code B-1
APN 005097 10401
UPID US80-2796218
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
  • Krispy Krunchy Chicken Restaurant
  • ATM (Frank's Market) Atm Gas Station
  • Smokey mountain market Grocery & Convenience Store
  • Marathon Gas Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sunil V Patel · 4 yrs held
Sunil V Patel
since 2022
Last sale
$350,000
2 recorded transactions
2022
$12,000
2018
$350,000
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
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