2495 HillsboroManchester, TN 37355

  • Hospitality properties
  • 10,888 SF
Off market
$13,024,440 Estimated

Property Details for 2495 Hillsboro

Year built
1986
Lot size
1.30 AC
Property size (Sq ft)
10,888 SF
Zone code
C2
Property type
Hospitality properties
Property subtype
Motels
APN
016084 03305
APU
1608403305

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,615,664
    6.5%
    $2,414,460
    7%
    $2,241,998
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,167,833
    Geo Method
    $4,990,961
  • Alternative Use

    Use
    Valuation
    Residential
    $2,635,888
    Hospitality
    $2,414,460
    Educational
    $2,008,802
    Medical
    $2,077,888
    Retail
    $3,124,803
2495 Hillsboro, Manchester, Tennessee

Location Insight

City
Manchester
County
Coffee
State
Tennessee
Latitude
35.4563
Longitude
-86.046
CBSA code
46100
CBSA name
TULLAHOMA, 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
$5,177
$121,680
$20,920
$142,600
-
$304,200
$52,300
$356,500

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