1195 Quito DrummondsDrummonds, TN 38023

  • Retail properties
  • 12,014 SF
Off market
$10,820,350 Estimated

Property Details for 1195 Quito Drummonds

Year built
1975
Construction
FRAME
Lot size
1.08 AC
Property size (Sq ft)
12,014 SF
Property type
Retail properties
Property subtype
Retail space
APN
084093 06005
APU
8409306005

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,036,833
    6.5%
    $3,726,308
    7%
    $3,460,143
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,360,261
    Geo Method
    $2,360,261
  • Alternative Use

    Use
    Valuation
    Residential
    $3,143,280
    Hospitality
    $2,879,228
    Educational
    $2,395,484
    Medical
    $2,477,868
    Retail
    $3,726,308
1195 Quito Drummonds, Drummonds, Tennessee

Location Insight

City
Drummonds
County
Tipton
State
Tennessee
Latitude
35.4494
Longitude
-89.9221
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
2022
$1,533
$6,800
$73,320
$80,120
-
$17,000
$183,300
$200,300

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