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2928 US-411 - Investment Property With 2 Net Leases 6.47 Acres of Commercial Land Offered at $2,399,000 in Maryville, TN 37801
Executive Summary
Mike Fuller Realty & Co. is proud to present this multi-use, multi-tenant Net lease investment in one of Tennessee's fastest growing markets. Improved with a
newly remodeled 5,433 SF Professional Office and R&D robotics suite, 2928US Hwy 411 offers investors and owner operators a rare chance for in-place revenue,
additional land development and outparcel opportunities. The additional net lease income component results from a long-running, successful bulk wholesale
garden supply business that is serviced by a brand new 240 SF Mobile Sales Office situated on approximately 1 acre of the site. This wholesale mulch and
landscaping business demonstrates the sites' highly desirable access and location as well as its capacity for high-volume operations.
Overall, the site contains 6.47 acres of prime commercial property just south of the intersection of Hwy 411 and William Blount Drive, an area known for strong
traffic flow and increased commercial activity and development. Located less than 2 miles from Walmart, the property is surrounded by a wide range of
national and regional businesses, including Food City, Dollar General, AutoZone, O’Reilly Auto Parts, Walgreens, and numerous restaurants, retail shops, and
service providers. All municipal utilities and storm water detention are in place with three phase power, sewer, and natural gas recently installed. In addition to
the 2 leased components, the site has approximately 3.2 acres of land available for immediate development opportunities for outparcel(s) sales and or ground
lease, retail development and or flex, or light industrial. The property has a favorable BT (Business Transportation Zoning) beneficial to attracting a wide range
of business and commercial users.
With existing income, utility-ready acreage, and a prime Maryville location, this property offers both immediate leasing opportunities and significant long-term
potential for investors as well as owner operators. Contact agent for NDA financials and offering memorandum.
newly remodeled 5,433 SF Professional Office and R&D robotics suite, 2928US Hwy 411 offers investors and owner operators a rare chance for in-place revenue,
additional land development and outparcel opportunities. The additional net lease income component results from a long-running, successful bulk wholesale
garden supply business that is serviced by a brand new 240 SF Mobile Sales Office situated on approximately 1 acre of the site. This wholesale mulch and
landscaping business demonstrates the sites' highly desirable access and location as well as its capacity for high-volume operations.
Overall, the site contains 6.47 acres of prime commercial property just south of the intersection of Hwy 411 and William Blount Drive, an area known for strong
traffic flow and increased commercial activity and development. Located less than 2 miles from Walmart, the property is surrounded by a wide range of
national and regional businesses, including Food City, Dollar General, AutoZone, O’Reilly Auto Parts, Walgreens, and numerous restaurants, retail shops, and
service providers. All municipal utilities and storm water detention are in place with three phase power, sewer, and natural gas recently installed. In addition to
the 2 leased components, the site has approximately 3.2 acres of land available for immediate development opportunities for outparcel(s) sales and or ground
lease, retail development and or flex, or light industrial. The property has a favorable BT (Business Transportation Zoning) beneficial to attracting a wide range
of business and commercial users.
With existing income, utility-ready acreage, and a prime Maryville location, this property offers both immediate leasing opportunities and significant long-term
potential for investors as well as owner operators. Contact agent for NDA financials and offering memorandum.
Property Facts
| Price | $2,399,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.47 AC |
| Property Type | Land | ||
| Zoning | BT - Business Transportation Zoning | ||
| Price | $2,399,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.47 AC |
| Zoning | BT - Business Transportation Zoning |
1 Lot Available
Lot
| Price | $2,399,000 | Lot Size | 6.47 AC |
| Price Per AC | $370,788.25 |
| Price | $2,399,000 |
| Price Per AC | $370,788.25 |
| Lot Size | 6.47 AC |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 078-075.00 | Improvements Assessment | $179,200 |
| Land Assessment | $366,200 | Total Assessment | $545,400 |
Property Taxes
Parcel Number
078-075.00
Land Assessment
$366,200
Improvements Assessment
$179,200
Total Assessment
$545,400
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2928 US-411 - Investment Property With 2 Net Leases
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