4400 Unicoi DrUnicoi, TN 37692

  • Office properties
  • 15,300 SF
For Lease
$12/SF/YR View listing

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
4400 Unicoi Dr, Unicoi, Tennessee

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

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
0
-
$65,960
$474,560
$540,520
-
$164,900
$1,186,400
$1,351,300

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