218 Old MtnThorn Hill, TN 37881

  • Retail properties
  • 3,728 SF
Off market
$5,009,400 Estimated

Property Details for 218 Old Mtn

Year built
2014
Construction
WOOD
Lot size
0.50 AC
Property size (Sq ft)
3,728 SF
Property type
Retail properties
Property subtype
Auto shops
APN
029021 06701 001
APU
2902106701001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,402,004
    6.5%
    $1,294,158
    7%
    $1,201,718
  • Comparable approach

    Method
    Valuation
    Relative Method
    $773,454
    Geo Method
    $773,454
  • Alternative Use

    Use
    Valuation
    Residential
    $1,091,670
    Hospitality
    $999,964
    Educational
    $831,959
    Medical
    $860,571
    Retail
    $1,294,158
218 Old Mtn, Thorn Hill, Tennessee

Location Insight

City
Thorn Hill
County
Grainger
State
Tennessee
Latitude
36.3563
Longitude
-83.413
CBSA code
34100
CBSA name
MORRISTOWN, 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
2023
$1,993
$1,960
$82,840
$84,800
-
$4,900
$207,100
$212,000

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