1630 ReelfootUnion City, TN 38261

  • Healthcare properties
  • 23,819 SF
Off market
$24,045,120 Estimated

Property Details for 1630 Reelfoot

Year built
1981
Lot size
2.40 AC
Property size (Sq ft)
23,819 SF
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
066058A F 00200
APU
066058AF00200

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,322,016
    6.5%
    $4,912,630
    7%
    $4,561,728
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,135,469
    Geo Method
    $2,135,469
  • Alternative Use

    Use
    Valuation
    Residential
    $6,231,878
    Hospitality
    $5,708,367
    Educational
    $4,749,294
    Medical
    $4,912,630
    Retail
    $7,387,791
1630 Reelfoot, Union City, Tennessee

Location Insight

City
Union City
County
Obion
State
Tennessee
Latitude
36.4136
Longitude
-89.0379
CBSA code
46460
CBSA name
UNION CITY, TN-KY MICROPOLITAN 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
-
$144,000
$1,456,000
$1,600,000
-
$360,000
$3,640,000
$4,000,000

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