897 JeffersonCookeville, TN 38501

  • Motels
  • 31,306 SF
Off market
$42,078,960 Estimated

Property Details for 897 Jefferson

Year built
1970
Lot size
4.20 AC
Property size (Sq ft)
31,306 SF
Zone code
C-3
Property type
Motels
APN
071066 05000
APU
7106605000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,567,560
    6.5%
    $4,216,210
    7%
    $3,915,050
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,290,600
    Geo Method
    $2,290,600
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $10,646,900
    Retail / Commercial
    $5,555,990
    Mixed-Use / Specialty
    $5,612,080
    Office
    $5,657,780
    Institutional / Educational
    $5,861,420
    Residential Income
    $6,857,860
    Multifamily
    $7,804,210
    Automotive / Energy
    $5,024,080
    Parking / Income-Based Land
    $1,658,770
    Restaurant / Food Service
    $3,080,860
    Healthcare / Senior Housing
    $5,677,250

Location Insight

City
Cookeville
County
Putnam
State
Tennessee
Latitude
36.1402
Longitude
-85.5031
CBSA code
18260
CBSA name
COOKEVILLE, TN 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
2022
$34,370
$539,920
$499,200
$1,039,120
-
$1,349,800
$1,248,000
$2,597,800

FAQs

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