747 CosbyNewport, TN 37821

  • Retail properties
  • 5,918 SF
Off market
$4,308,130 Estimated

Property Details for 747 Cosby

Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.43 AC
Property size (Sq ft)
5,918 SF
Property type
Retail properties
Property subtype
Retail space
APN
015056H E 00502
APU
015056HE00502

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,225,606
    6.5%
    $2,054,406
    7%
    $1,907,663
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,227,817
    Geo Method
    $1,227,817
  • Alternative Use

    Use
    Valuation
    Residential
    $1,732,968
    Hospitality
    $1,587,390
    Educational
    $1,320,690
    Medical
    $1,366,110
    Retail
    $2,054,406
747 Cosby, Newport, Tennessee

Location Insight

City
Newport
County
Cocke
State
Tennessee
Latitude
35.9536
Longitude
-83.1993
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
$5,776
$57,800
$58,360
$116,160
-
$144,500
$145,900
$290,400

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