3000 SF Multi-Use Building in Maryville

Retail-Commercial for Sale
Catylist Listing ID: 30377080
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 3,000 SF
Gross Building Area: 4,000 SF
Gross Land Area: 24,829 SF
Sale Price: $500,000
Unit Price: $166.67 PSF
Property Use Type: Business
Usable Size (USF): 4,000 SF
Core Factor: 4,000%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/4/2019

Overview / Comments

Fantastic Opportunity! This retail or office building is centrally located in Maryville, just minutes from the city limits (county taxes only) with excellent traffic exposure. Averages 18348 cars daily per 2017 TDOT reports. Sits directly on 4 lane Hwy 321 with great exposure Building measures 100W x 30 D for a total of 3000 SF with 3 half baths. Building has an open concept with offices, storage rooms and a new HVAC unit.. Construction is solid concrete block. There is also a canopy of 1000 SF attached. Site was a former gas service station. All underground tanks have been excavated, removed and filled per EPA guidance and approval. Level .57 acre lot with 5000 SF of paved parking, approx 20 spaces and approx 258 running feet of road frontage. Currently used as a pet care facility and U-Haul rental business. Businesses are not included in sale but owner will discuss separately for buyer of building. Excellent potential for a business owner or investment.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $2,956 (Annual)
Tax Value Land $87,600
Tax Value Improvements $211,600
Assessed Value - Total($) $299,200 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Knoxville
County: Blount
Retail Clientele: General, Business, Traveler, Tourist
Property Located Between: John Helton Rd to the West and Hubbard School Rd to the East
Property Visibility: Excellent
Largest Nearby Street: Tuckaleechee Pike
Feet of Frontage: 258
Traffic/Vehicle Count: 18,348
Highway Access: Sits directly on Hwy 321, Lamar Alexander Parkway. 4 lane highway access leading eastward to the Great Smoky Mountain National Park.
Airports: Knoxville, McGhee Tyson Airport, approx 22 min drive
Site Description: Level, highway frontage, 258 road frontage, great traffic count.
Area Description: Located in Maryville, TN, the county seat of Blount County. Population in the city is approx 28,208 and in the county, 123,010. The city schools are ranked A+ in the state. Maryville has been ranked as one of the top places to both live and retire by various magazines and polls over the last 30 years. Median house value is $193,200. The county offers access to the TN river system on the west side and the Great Smoky Mountain National Park on the east side. The economy is both stable and diversified.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,000 SF
Property Condition: Average
Year Built: 1987
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Painted block with signage on the building and the attached canopy. 5000 SF of paved parking.
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: paved
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: C
Lot Frontage: 258
Lot Depth: 292
Water Service: Municipal
Sewer Type: Septic
Easements: Utilities
Easements Description: typical road and utility
Legal Description: Map 059 parcel 124, deed bk 2319, pg 681, lot 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,410 21,123 52,148
Median Age: 42.19 43.51 40.68
Households: 541 8,515 20,846

Contact

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