2211 Broadway AveMaryville, TN 37804

Property Details for 2211 Broadway Ave

Year built

1988

Lot size

0.66 AC

Property size (Sq ft)

1,870 SF

Zone code

C

Property type

Office properties

APN

005037O B 02100

APU

005037OB02100

Description

This 1,594 square foot traditional office building, located at 2211 E Broadway Ave in Maryville, Tennessee, presents a fantastic investment opportunity. The property, built in 1988, has recently undergone renovations, including a new roof and a newly paved parking lot. Currently vacant, this Class C building offers immediate occupancy for a new tenant or owner-occupant. The address is conveniently situated in Blount County, Tennessee, with easy access to E Broadway Ave. The asking price is $500,000. The property's 1,594 square feet provide ample space for a variety of office uses. Its recent upgrades ensure a move-in ready condition, minimizing upfront capital expenditures for the new owner. The vacant status allows for complete customization to suit the needs of the next occupant. This is an excellent chance to acquire a well-maintained, renovated office building in a desirable Maryville location. The zip code is 37804. The property is ready for immediate possession.

• CAP approach

  CAP return

  Valuation

  6%

  $360,542

  6.5%

  $332,808

  7%

  $309,036

• Comparable approach

  Method

  Valuation

  Relative Method

  $322,630

  Geo Method

  $322,630

• Alternative Use

  Use

  Valuation

  Residential

  $412,682

  Hospitality

  $378,014

  Educational

  $314,503

  Medical

  $325,320

  Retail

  $489,228

Location Insight

City

Maryville

County

Blount

State

Tennessee

Latitude

35.784

Longitude

-83.9481

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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