Professional Office Property with Excess Commercial Lots

Office for Sale
Catylist Listing ID: 30667798
Property Subtypes: Office Building
Building Size (RSF): 3,521 SF
Gross Building Area: See Agent
Gross Land Area: 2.14 Acres
Sale Price: $799,000
Unit Price: $226.92 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2020

Overview / Comments

This property is improved with a single-user office building, currently owner-occupied for a law practice. The main level and two upper level rooms have about 1,953 square feet. The walk-out basement has about 1,568 square feet, partially finished with a recreation room. The property includes an additional 1.21 acres on two commercially-zoned lots, ideal for future commercial development. Access to the improved lot and the two unimproved lots is from Middle Creek Road.

. One lot is improved with professional office building (law practice)
. Two vacant, commercially-zoned development lots (1.21 acres total)
. Utility water and natural gas. Utility sewer is at the property but is not connected
. Also fronts Veterans Boulevard, with excellent visibility, but no direct access

Attachments & Media

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 072D B 001.00, 002.00, 003.00; 072D 163.29
Zoning: NEIGHBORHOOD COMMERCIAL (NC - FORMERLY C-2); LOW DENSITY RESIDENTIAL (LDR - R-1)
Property Located Between: Veterans Boulevard and Middle Creek Road
Property Visibility: Excellent
Highway Access: Middle Creek Road
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1996
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Onsite, paved
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Most of the property, including two additional development lots on Middle Creek, is zoned Neighborhood Commercial (NC, formerly C-2).
Lot Frontage: 373.85
Lot Depth: 392
Water Service: Municipal
Sewer Type: Municipal, Septic
Land Ownership: Fee Simple
Legal Description: Map 072, Group B, Parcels 001.00, 002.00, 003.00. Also Map 072, Parcel 163.29

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,971 17,755 33,297
Median Age: 30.08 38.91 39.54
Households: 980 7,035 13,100

Contact

Photograph of Listing Agent

David L. Gothard

NAI Koella | RM Moore KAAR CIE Member
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