2040 Hwy 70Arlington, TN 38002

  • Commercial real estate
  • 7,736 SF
Off market

Property Details for 2040 Hwy 70

Year built
2004
Construction
WOOD
Lot size
19.98 AC
Property size (Sq ft)
7,736 SF
Zone code
GC
Property type
Commercial real estate
APN
024038 00415 001
APU
2403800415001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,263,250
    6.5%
    $1,166,080
    7%
    $1,082,790
  • Comparable approach

    Method
    Valuation
    Relative Method
    $603,099
    Geo Method
    $603,099
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,325,050
    Retail / Commercial
    $1,186,540
    Mixed-Use / Specialty
    $1,177,790
    Hospitality / Lodging
    $858,218
    Office
    $1,166,080
    Institutional / Educational
    $1,222,810
    Residential Income
    $1,430,680
    Multifamily
    $1,740,950
    Automotive / Energy
    $1,048,120
    Parking / Income-Based Land
    $366,160
    Restaurant / Food Service
    $602,927
    Healthcare / Senior Housing
    $1,212,430

Location Insight

City
Arlington
County
Fayette
State
Tennessee
Latitude
35.3379
Longitude
-89.609
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR 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
-
$15,040
$52,440
$67,480
-
$37,600
$131,100
$168,700

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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