15287 State Rte 111Spencer, TN 38585

  • Retail properties
  • 7,377 SF
Off market
$40,175,480 Estimated

Property Details for 15287 State Rte 111

Year built
1990
Lot size
4.01 AC
Property size (Sq ft)
7,377 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
088030G C 01700
APU
088030GC01700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,293,594
    6.5%
    $2,117,163
    7%
    $1,965,937
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,028,131
    Geo Method
    $3,626,173
  • Alternative Use

    Use
    Valuation
    Residential
    $1,785,906
    Hospitality
    $1,635,881
    Educational
    $1,361,034
    Medical
    $1,407,842
    Retail
    $2,117,163
15287 State Rte 111, Spencer, Tennessee

Location Insight

City
Spencer
County
Van Buren
State
Tennessee
Latitude
35.7463
Longitude
-85.458

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
$7,489
$88,240
$223,800
$312,040
-
$220,600
$559,500
$780,100

FAQs

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