438 NealCookeville, TN 38501

  • Hotels
  • 34,903 SF
Off market
$16,330,690 Estimated

Property Details for 438 Neal

Year built
1984
Construction
FRAME
Lot size
1.63 AC
Property size (Sq ft)
34,903 SF
Property type
Hotels
APN
071066 04702
APU
7106604702

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,092,370
    6.5%
    $4,700,650
    7%
    $4,364,890
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,553,780
    Geo Method
    $2,553,780
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $11,870,200
    Retail / Commercial
    $6,194,360
    Mixed-Use / Specialty
    $6,256,890
    Office
    $6,307,850
    Institutional / Educational
    $6,534,890
    Residential Income
    $7,645,820
    Multifamily
    $8,700,900
    Automotive / Energy
    $5,601,330
    Parking / Income-Based Land
    $1,849,360
    Restaurant / Food Service
    $3,434,840
    Healthcare / Senior Housing
    $6,329,560

Location Insight

City
Cookeville
County
Putnam
State
Tennessee
Latitude
36.1389
Longitude
-85.4999
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
$26,964
$284,000
$1,232,920
$1,516,920
-
$710,000
$3,082,300
$3,792,300

FAQs

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