MarketSomerville, TN 38068
- Retail properties
- 7,878 SF
Off market
$20,037,600 Estimated
Property Details for Market
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 7,878 SF
- Zone code
- B1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 024090C F 02100
- APU
- 024090CF02100
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,668,590
- 6.5%
- $1,540,236
- 7%
- $1,430,220
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,547,706
- Geo Method
- $1,547,706
-
Alternative Use
- Use
- Valuation
- Residential
- $1,299,247
- Hospitality
- $1,190,103
- Educational
- $990,152
- Medical
- $1,024,205
- Retail
- $1,540,236
Market, Somerville, Tennessee
Location Insight
- City
- Somerville
- County
- Fayette
- State
- Tennessee
- Latitude
- 35.2447
- Longitude
- -89.3505
- 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
-
$10,240
$29,720
$39,960
-
$25,600
$74,300
$99,900
Comparable in this City
Similar Nearby for Sale
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.
- How do I access a private listing?
- 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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