Property profile

Martel Rd Lenoir City, TN 37772

OFF-MARKET
Commercial land
Property ID
US80-2634895
0.07 ac lot
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.07 ac (3,162 SF)
Zoning code C-3
APN 053020E L 00800
UPID US80-2634895

Cap rate & NOI

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

Location

Martel Rd Lenoir City, TN 37772
Lenoir City metro Census 60304 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2016
3 recorded transactions
2016
$15,000
2014
$2,500
2008
$46,000

Zoning & alternative use

C-3 · Lenoir City, TN
Zoning description

408. C-3, Highway Commercial District. The C-3, Highway Commercial District is established to p rovide for g eneral commercial activity along major collectors and arterial highways. The regulations are designed to encour…

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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