Incredible Opportunity for Use and Development

LOCATION329 Cates Street, Maryville, TN 37801

PRICE$2,400,000

CONTACTRob Strickland 865.546.3206 or Wes Cate 865.310.3211

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Property Information

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Incredible Opportunity for Use and Development

Approximately 4.94 Acres in the Heart of Maryville

329 Cates Street, Maryville, TN 37801


LISTING DETAILS: 
This incredible opportunity in the heart of Maryville includes 10 contiguous tracts totaling approximately 4.94 acres. Six of the 10 tracts are improved with office or residential properties totaling approximately 13,036 sf. The remaining four tracts are vacant, with one being utilized for parking.
The property is being sold as a whole (no individual tracts) and is ideal for a hotel, inn, corporate office campus, multi-family, mixed use development and banking. The property is conveniently located to downtown Maryville, the Maryville Municipal Building, the Blount County Courthouse, First Baptist Church, Maryville College, the Clayton Center for the Arts, Blount Memorial Hospital, Maryville Greenbelt parks and walking trails and more.
PROPERTY DESCRIPTIONS:
  • 1) 329 Cates Street - Map / Parcel: 075E / F / 14.00
    • Office building featuring approximately 5,451 sf
    • Approximately 2 acres
    • On-site parking
    • Current office space
  • 2) 296 Highland Avenue - Map / Parcel: 075E / F / 051.00
    • Office building featuring approximately 1,546 sf
    • Approximately .14 acres
    • On-site parking
    • Current office space
  • 3) 298 Highland Avenue - Map / Parcel: 075E / F / 050.00
    • Office building featuring approximately 1,273 sf
    • Approximately .13 acres
    • Vacant office space / former residence
  • 4) 314 Tedford Avenue - Map / Parcel: 075E / F / 052.00
    • Office building featuring approximately 1,740 sf
    • Approximately .19 acres
    • Current office space
  • 5) 312 Tedford Avenue - Map / Parcel: 075E / F / 053.00
    • Office building featuring approximately 1,808 sf
    • Approximately .33 acres
    • Current office space
  • 6) 306 Tedford Avenue - Map / Parcel: 075F / F / 008.01
    • Office building featuring approximately 1,808 sf
    • Approximately .20 acres
    • Currently occupied rental house / potential office space
  • 7) 317 Cates Street - Map / Parcel: 075E / F / 013.00
    • Current parking lot
    • Approximately .36 acres
  • 8) 308 Tedford Avenue - Map / Parcel: 075E / F / 007.00
    • Vacant lot ideal for parking expansion
    • Approximately .22 acres
  • 9) 311 Cates Street - Map / Parcel: 075E / F / 012.00
    • Vacant lot ideal for parking expansion
    • Approximately .24 acres
  • 10) Cates Street - Map / Parcel: 075E / E / 024.00
    • Vacant lot with adjacent to Blount County park and creek
    • Approximately 1.13 acres

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ZONING
All 10 tracts are located in the Office Transition Zone which provides mixed use opportunities in older homes and smaller scale commercial structures. The zone’s intent is to maintain and establish the charm of the older homes and businesses, maintain the existing small town feel by requiring lower density developments and preserve the human scale of the area.
Estimated Real Estate Taxes:
  • Estimated City of Maryville Real Estate Taxes: $11,512.00
  • Estimated Blount County Real Estate Taxes: $12,275.00
  • Total Estimated Real Estate Taxes: $23,787.00
UTILITY INFORMATION
  • Electricity: Maryville Utility Board
  • Water: Maryville Utility Board
  • Sewer: Maryville Utility Board
  • Natural Gas: Atlas Energy
DIRECTIONS
From the Blount County courthouse, travel west onto Lamar Alexander Parkway. Travel approximately .1 miles and 329 Cates Street is on your right. Sign on property.
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