503 Hwy 321stLenoir City, TN 37771

  • Motels
  • 13,020 SF
Off market
$13,625,660 Estimated

Property Details for 503 Hwy 321st

Year built
1970
Construction
CONCRETE
Lot size
1.36 AC
Property size (Sq ft)
13,020 SF
Zone code
C-3
Property type
Motels
APN
053020D A 01500
APU
053020DA01500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,595,320
    6.5%
    $2,395,680
    7%
    $2,224,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,968,251
    Geo Method
    $5,968,251
  • Alternative Use

    Use
    Valuation
    Residential
    $2,615,386
    Hospitality
    $2,395,680
    Educational
    $1,993,177
    Medical
    $2,061,726
    Retail
    $3,100,498

Location Insight

City
Lenoir City
County
Loudon
State
Tennessee
Latitude
35.8063
Longitude
-84.2615
CBSA code
28940
CBSA name
KNOXVILLE, 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
-
$194,280
$376,160
$570,440
-
$485,700
$940,400
$1,426,100

FAQs

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