490 IllinoisOak Ridge, TN 37830

  • Drive through restaurants
  • 3,630 SF
Off market
$13,625,660 Estimated

Property Details for 490 Illinois

Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.36 AC
Property size (Sq ft)
3,630 SF
Zone code
B3
Property type
Drive through restaurants
APN
001105D A 01700
APU
001105DA01700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $936,460
    6.5%
    $864,425
    7%
    $802,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,784,331
    Geo Method
    $1,784,331
  • Alternative Use

    Use
    Valuation
    Residential
    $729,174
    Hospitality
    $667,920
    Educational
    $555,702
    Medical
    $574,813
    Retail
    $864,425

Location Insight

City
Oak Ridge
County
Anderson
State
Tennessee
Latitude
36.0022
Longitude
-84.2466
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
-
$275,840
$219,200
$495,040
-
$689,600
$548,000
$1,237,600

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