348 Calderwood StAlcoa, TN 37701

Property Details for 348 Calderwood St

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.66 AC

Property size (Sq ft)

1,611 SF

Zone code

E

Property type

Office properties

APN

005046M A 00900

APU

005046MA00900

Description

This single-tenant office space, located at 348 S Calderwood St in Alcoa, Tennessee, offers 1,611 square feet of versatile commercial space. The property, situated on a 0.66-acre lot, is zoned for commercial use and features a traditional office layout. Originally built in 1981, the building underwent renovations in 2015, ensuring a modern and functional workspace. The property's APN is 046M A 009.00, and it's located in Blount County, Tennessee, zip code 37701. The entire 1,611 square feet is currently vacant, providing a smooth transition for a new tenant. Potential uses for the space include retail, office, or restaurant operations, subject to owner approval. This presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in Alcoa. The property's location offers easy access to local amenities and transportation routes. Interested parties should be prepared to submit a proposal for the owner's review and approval of intended use.

• CAP approach

  CAP return

  Valuation

  6%

  $282,723

  6.5%

  $260,975

  7%

  $242,334

• Comparable approach

  Method

  Valuation

  Relative Method

  $314,242

  Geo Method

  $314,242

• Alternative Use

  Use

  Valuation

  Residential

  $323,609

  Hospitality

  $296,424

  Educational

  $246,621

  Medical

  $255,103

  Retail

  $383,633

Location Insight

City

Alcoa

County

Blount

State

Tennessee

Latitude

35.7584

Longitude

-83.9751

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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