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    Property profile & analytics

    Lamar Alex Pkwy Townsend, TN 37882

    • Commercial real estate
    • 1,526 SF
    • 12.34 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US80-2099423
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Lamar Alex Pkwy

    Year built
    1951
    Lot size
    12.34 lot acres
    Property size
    1,526 SF
    Zone code
    R-1
    Property type
    Commercial real estate
    APN
    005096 09702
    APU
    509609702

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Blount
    State
    Tennessee
    Longitude
    -83.7738
    Latitude
    35.6824
    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
    $6,713
    $271,040
    $1,000
    $272,040
    -
    $677,600
    $2,500
    $680,100

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      Hwy 73

      COMMERCIAL (GENERAL) • 0.20 Acres
      Hwy 73, Townsend, TN 37882
      View Details
    • Value Estimation
      $370,000
      3,452 SF

      7018 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 3,452 SF
      7018 Lamar Alexander Pkwy, Townsend, TN 37882-3800
      View Details
    • Value Estimation
      $2,065,000
      20,200 SF

      7945 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 20,200 SF
      7945 Lamar Alexander Pkwy, Townsend, TN 37882-4033
      View Details
    • Value Estimation
      $420,000
      7,720 SF

      7024 Lamar Alexander Pkwy

      COMMERCIAL (GENERAL) • 7,720 SF
      7024 Lamar Alexander Pkwy, Townsend, TN 37882-3800
      View Details
    • Value Estimation by Request

      Hwy 73

      COMMERCIAL (GENERAL)
      Hwy 73, Townsend, TN 37882
      View Details
    • Value Estimation by Request
      1.00 Acre

      505 Old Cades Cv Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      505 Old Cades Cv Rd, Townsend, TN 37882
      View Details

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      Retail/Restaurant Space Near National Park

      High-visibility retail or restaurant space near Great Smoky Mountains.
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      Townsend Retail/Office Opportunity

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    Townsend, TN 37882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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