26345 Hwy 31Ardmore, TN 38449

  • Commercial real estate
  • 5,712 SF
Off market
$3,907,240 Estimated

Property Details for 26345 Hwy 31

Year built
1950
Lot size
0.39 AC
Property size (Sq ft)
5,712 SF
Property type
Commercial real estate
APN
028181E A 00600
APU
028181EA00600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,369,190
    6.5%
    $1,263,870
    7%
    $1,173,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $930,428
    Geo Method
    $1,114,180
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,527,080
    Retail / Commercial
    $1,288,280
    Mixed-Use / Specialty
    $1,277,700
    Hospitality / Lodging
    $929,612
    Office
    $1,263,870
    Institutional / Educational
    $1,326,150
    Residential Income
    $1,551,600
    Multifamily
    $1,894,090
    Automotive / Energy
    $1,136,700
    Parking / Income-Based Land
    $398,176
    Restaurant / Food Service
    $651,765
    Healthcare / Senior Housing
    $1,316,390

Location Insight

City
Ardmore
County
Giles
State
Tennessee
Latitude
34.9933
Longitude
-86.8491

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
$524
$23,800
$600
$24,400
-
$59,500
$1,500
$61,000

FAQs

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