465 BroadwayNewport, TN 37821
- Turn key restaurants
- 2,876 SF
Off market
$3,105,920 Estimated
Property Details for 465 Broadway
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.31 AC
- Property size (Sq ft)
- 2,876 SF
- Property type
- Turn key restaurants
- APN
- 015047I A 02200
- APU
- 015047IA02200
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $853,802
- 6.5%
- $788,125
- 7%
- $731,830
-
Comparable approach
- Method
- Valuation
- Relative Method
- $246,252
- Geo Method
- $246,252
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,550,190
- Mixed-Use / Specialty
- $779,953
- Hospitality / Lodging
- $565,245
- Office
- $769,734
- Institutional / Educational
- $808,920
- Residential Income
- $946,436
- Multifamily
- $1,164,830
- Automotive / Energy
- $693,360
- Parking / Income-Based Land
- $244,568
- Restaurant / Food Service
- $394,215
- Healthcare / Senior Housing
- $805,326
Location Insight
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Latitude
- 35.9698
- Longitude
- -83.2066
- 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
$4,789
$31,080
$65,240
$96,320
-
$77,700
$163,100
$240,800
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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