615 State Of FranklinJohnson City, TN 37604

  • Healthcare properties
  • 8,750 SF
Off market
$11,020,680 Estimated

Property Details for 615 State Of Franklin

Year built
1992
Lot size
1.10 AC
Property size (Sq ft)
8,750 SF
Zone code
R-4
Property type
Healthcare properties
Property subtype
Medical offices
APN
045M E 01500
APU
045ME01500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,688,503
    6.5%
    $1,558,618
    7%
    $1,447,288
  • Comparable approach

    Method
    Valuation
    Relative Method
    $720,388
    Geo Method
    $720,388
  • Alternative Use

    Use
    Valuation
    Residential
    $1,932,687
    Hospitality
    $1,770,331
    Educational
    $1,472,894
    Medical
    $1,523,550
    Retail
    $2,291,169
615 State Of Franklin, Johnson City, Tennessee

Location Insight

City
Johnson City
County
Washington
State
Tennessee
Latitude
36.3159
Longitude
-82.3904
CBSA code
27740
CBSA name
JOHNSON CITY, TN METROPOLITAN 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
0
-
$11,400
$11,400
$22,800
-
$28,500
$28,500
$57,000

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