131 MainSparta, TN 38583

  • Office properties
  • 3,761 SF
Off market
$2,587,500 Estimated

Property Details for 131 Main

Year built
1935
Lot size
0.26 AC
Property size (Sq ft)
3,761 SF
Zone code
C-B
Property type
Office properties
APN
093059B E 05000
APU
093059BE05000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $901,530
    6.5%
    $832,182
    7%
    $772,740
  • Comparable approach

    Method
    Valuation
    Relative Method
    $612,629
    Geo Method
    $323,747
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,663,930
    Retail / Commercial
    $848,251
    Mixed-Use / Specialty
    $841,285
    Hospitality / Lodging
    $612,092
    Institutional / Educational
    $873,189
    Residential Income
    $1,021,630
    Multifamily
    $1,247,140
    Automotive / Energy
    $748,448
    Parking / Income-Based Land
    $262,174
    Restaurant / Food Service
    $429,147
    Healthcare / Senior Housing
    $866,764

Location Insight

City
Sparta
County
White
State
Tennessee
Latitude
35.9242
Longitude
-85.4651

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
2021
$1,703
$7,200
$50,160
$57,360
-
$18,000
$125,400
$143,400

FAQs

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