4400 Unicoi DrUnicoi, TN 37692
- Office properties
- 15,300 SF
Property Details for 4400 Unicoi Dr
- Year built
- 1997
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.53 AC
- Property size (Sq ft)
- 15,300 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 086007M C 00200
- APU
- 086007MC00200
Description
This exceptional office property, located at 4400 Unicoi Dr, Unicoi, TN 37692, offers 6,505 square feet of versatile space within a larger 15,047 square foot building. Currently undergoing renovations, and ahead of schedule for completion in June 2024, this space is ideal for businesses seeking a move or expansion. Originally constructed in 1997, the single-story building sits on a 2.53-acre lot (110,207 sq ft) and is classified as Class B. The available space, previously occupied by the USDA Forest Service, is divisible into two units to accommodate tenant needs. A proposed floor plan includes a private entrance, lobby, ten offices, a conference room, an open workspace, and restrooms. The ample paved parking lot ensures convenient access for employees and clients. The property owner is seeking a stable tenant with a minimum lease term of five to fifteen years. Attractive lease incentives are available for qualified tenants. The location offers proximity to the Town of Unicoi Visitor Center, Mountain Commerce Bank, Maple Grove restaurant, and the popular Pinnacle Mountain Fire Tower Trail. This presents a unique opportunity to establish or expand your business in a desirable Northeast Tennessee location. The property's APN is 086007M C 00200, and Unicoi County is the location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,954,908
- 6.5%
- $2,727,608
- 7%
- $2,532,778
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,259,649
- Geo Method
- $1,259,649
-
Alternative Use
- Use
- Valuation
- Residential
- $3,382,233
- Hospitality
- $3,098,108
- Educational
- $2,577,589
- Medical
- $2,666,236
- Retail
- $4,009,583
Location Insight
- City
- Unicoi
- County
- Unicoi
- State
- Tennessee
- Latitude
- 36.2056
- Longitude
- -82.3477
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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