1503 Elk AveElizabethton, TN 37643

  • Medical offices
  • 2,520 SF
Off market
$1,603,100 Estimated

Property Details for 1503 Elk Ave

Year built
1989
Construction
CONCRETE
Lot size
0.16 AC
Property size (Sq ft)
2,520 SF
Property type
Medical offices
Property subtype
Medical centers
APN
010040E A 01500
APU
010040EA01500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $551,127
    6.5%
    $508,733
    7%
    $472,395
  • Comparable approach

    Method
    Valuation
    Relative Method
    $207,472
    Geo Method
    $207,472
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,037,550
    Retail / Commercial
    $525,007
    Mixed-Use / Specialty
    $517,587
    Hospitality / Lodging
    $372,513
    Institutional / Educational
    $536,099
    Residential Income
    $627,236
    Multifamily
    $783,032
    Automotive / Energy
    $459,513
    Parking / Income-Based Land
    $164,054
    Restaurant / Food Service
    $257,359
    Healthcare / Senior Housing
    $536,466

Location Insight

City
Elizabethton
County
Carter
State
Tennessee
Latitude
36.3451
Longitude
-82.25
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
-
$48,760
$65,200
$113,960
-
$121,900
$163,000
$284,900

FAQs

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