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2040 Winfield Dunn Pky 1,400 SF Flex Condo Unit Offered at $600,000 in Sevierville, TN 37876
Investment Highlights
- Three (3) office condiminium units, one main level and two upper level
- 6.82% capitalization rate
- High average daily traffic count
- 1,400 total square feet
- Excellent highway visibility and access
Executive Summary
Route 66 Office Condominiums was converted / developed in 2023 from previous commercial use into a 16-unit office condominium complex. This property listing includes condominium units #4 (main level), #12 (upper level), and #13 (upper level), totaling 1,400 sq.ft. All three units are leased, two of them to the same real estate firm.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 027-027.04 |
| Cap Rate | 8.75% |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.75% |
| APN/Parcel ID | 027-027.04 |
Description
Three (3) condominium units (#4,12,13) totaling 1,400 sq.ft, one on 1st floor and two on second floor.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4 | 1,400 SF | Flex | $600,000 ($428.57/SF) | $52,514 |
Unit 4
| Unit Size |
| 1,400 SF |
| Condo Use |
| Flex |
| Price |
| $600,000 ($428.57/SF) |
| NOI |
| $52,514 |
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Unit 4
| Unit Size | 1,400 SF |
| Condo Use | Flex |
| Price | $600,000 ($428.57/SF) |
| NOI | $52,514 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.75% |
| APN/Parcel ID | 027-027.04 |
| Description | |
| Three (3) condominium units (#4,12,13) totaling 1,400 sq.ft, one on 1st floor and two on second floor.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 13,500 SF | Typical Floor Size | 6,750 SF |
| Property Type | Retail (Condo) | Year Built | 2010 |
| Building Class | B | Lot Size | 0.88 AC |
| Floors | 2 | Parking Ratio | 2.96/1,000 SF |
| Zoning | C-4 - Arterial Commercial (AC) | ||
| Total Building Size | 13,500 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 6,750 SF |
| Year Built | 2010 |
| Lot Size | 0.88 AC |
| Parking Ratio | 2.96/1,000 SF |
| Zoning | C-4 - Arterial Commercial (AC) |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
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Street View
Street
Map
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2040 Winfield Dunn Pky
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