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Financial
Distress signals
Property profile

185 Main St Newport, TN 37821

OFF-MARKET
Manufacturing properties
Property ID
US80-0324127
29,682 SF 0.83 ac lot Built 1939
Last sale Apr 2025 · $1,425,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This expansive industrial property, located at 185 W Main Street Unit 185, Newport, TN, presents a unique investment opportunity. The 0.83-acre lot houses a substantial 19,875 square foot warehouse, complemented by an additional 10,930 square feet of uncovered space at the rear. Built in 1939 as part of the Rhyne Lumber Company, this building boasts a rich history and offers immense potential for redevelopment. While requiring renovation, a structural engineer's report confirms the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$65k
Assessed land$44k
Assessed improvement$21k
Effective rate4.97%

Value estimate

· Oct 2026
$395k
$356k – $435k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOCKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.7
Building Supply15.4
Wholesale Shop14.5

Location

185 Main St Newport, TN 37821
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
145 Main, Newport, TN 37821-2345 $260,000 Dec 2021 25,308 SF
369 Cope, Newport, TN 37821 $860,000 Nov 2021 41,870 SF
Tevet, Newport, TN 37821 $794,000 Nov 2021 28,248 SF
787 Industrial, Newport, TN 37821-8113 $350,000 Jun 2021 25,900 SF
375 Cope, Newport, TN 37821 $1,420,000 Jan 2021 63,324 SF
365 Oliver Cromwell, Newport, TN 37821-8171 $870,004 Nov 2019 40,625 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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