405 MerchantKnoxville, TN 37912

  • Car washes
  • 3,492 SF
Off market
$404,160 Estimated

Property Details for 405 Merchant

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size (Sq ft)
3,492 SF
Property type
Car washes
APN
068KC00601
APU
068KC00601

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,313,251
    6.5%
    $1,212,232
    7%
    $1,125,644
  • Comparable approach

    Method
    Valuation
    Relative Method
    $724,491
    Geo Method
    $724,491
  • Alternative Use

    Use
    Valuation
    Residential
    $1,022,563
    Hospitality
    $936,662
    Educational
    $779,292
    Medical
    $806,093
    Retail
    $1,212,232

Location Insight

City
Knoxville
County
Knox
State
Tennessee
Latitude
36.0084
Longitude
-83.9762
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
2023
$14,993
-
-
$404,160
-
$755,000
$255,400
$1,010,400

FAQs

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