551 Briar ThicketBybee, TN 37713

  • Turn key restaurants
  • 2,661 SF
Off market
$24,145,400 Estimated

Property Details for 551 Briar Thicket

Year built
1957
Construction
WOOD
Lot size
2.41 AC
Property size (Sq ft)
2,661 SF
Property type
Turn key restaurants
APN
015011 03301
APU
1501103301

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $789,974
    6.5%
    $729,207
    7%
    $677,121
  • Comparable approach

    Method
    Valuation
    Relative Method
    $227,843
    Geo Method
    $227,843
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,434,300
    Mixed-Use / Specialty
    $721,646
    Hospitality / Lodging
    $522,989
    Office
    $712,191
    Institutional / Educational
    $748,448
    Residential Income
    $875,684
    Multifamily
    $1,077,750
    Automotive / Energy
    $641,527
    Parking / Income-Based Land
    $226,285
    Restaurant / Food Service
    $364,745
    Healthcare / Senior Housing
    $745,122

Location Insight

City
Bybee
County
Cocke
State
Tennessee
Latitude
36.1107
Longitude
-83.1359
CBSA code
35460
CBSA name
NEWPORT, 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
$1,139
$5,160
$39,320
$44,480
-
$12,900
$98,300
$111,200

FAQs

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