948 NewmanGatlinburg, TN 37738

  • Auto shops
  • 8,750 SF
Off market
$26,549,820 Estimated

Property Details for 948 Newman

Year built
1976
Construction
FRAME
Lot size
2.65 AC
Property size (Sq ft)
8,750 SF
Zone code
C-2
Property type
Auto shops
APN
078127H B 02600
APU
078127HB02600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,290,648
    6.5%
    $3,037,522
    7%
    $2,820,556
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,815,376
    Geo Method
    $1,815,376
  • Alternative Use

    Use
    Valuation
    Residential
    $2,562,263
    Hospitality
    $2,347,019
    Educational
    $1,952,692
    Medical
    $2,019,848
    Retail
    $3,037,522

Location Insight

City
Gatlinburg
County
Sevier
State
Tennessee
Latitude
35.7239
Longitude
-83.4911
CBSA code
42940
CBSA name
SEVIERVILLE, 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
2021
-
-
-
-
-
$645,700
$232,000
$877,700

FAQs

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