406 MadisonAthens, TN 37303
- Medical offices
- 2,500 SF
Off market
$3,506,580 Estimated
Property Details for 406 Madison
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 2,500 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 054056M E 00900
- APU
- 054056ME00900
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $599,262
- 6.5%
- $553,165
- 7%
- $513,653
-
Comparable approach
- Method
- Valuation
- Relative Method
- $407,225
- Geo Method
- $487,650
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,106,040
- Retail / Commercial
- $563,847
- Mixed-Use / Specialty
- $559,216
- Hospitality / Lodging
- $406,868
- Institutional / Educational
- $580,423
- Residential Income
- $679,095
- Multifamily
- $828,995
- Automotive / Energy
- $497,506
- Parking / Income-Based Land
- $174,272
- Restaurant / Food Service
- $285,261
- Healthcare / Senior Housing
- $576,153
Location Insight
- City
- Athens
- County
- Mcminn
- State
- Tennessee
- Latitude
- 35.4409
- Longitude
- -84.5982
- CBSA code
- 11940
- CBSA name
- ATHENS, TN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,958
$14,960
$78,720
$93,680
-
$37,400
$196,800
$234,200
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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