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    Property profile & analytics

    1010 Cherokee Dr Morristown, TN 37814-4129

    • Manufacturing properties
    • 122,139 SF
    • 13.09 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Location Intelligence
    Property ID
    US80-0294004
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hardwoods of Morristown Inc / Lumber Store / Wood Supplier

    Property Details for 1010 Cherokee Dr

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    13.09 lot acres
    Property size
    122,139 SF
    Property type
    Manufacturing properties
    APN
    032033D H 02700
    APU
    032033DH02700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $510,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $585,000
      Mixed-Use
      $530,000
      Hospitality
      $565,000
      Educational
      $580,000
      Residential Income
      $520,000
      Energy
      $510,000
      Income-Based Land
      $505,000
      Food Service
      $585,000

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.2983
    Latitude
    36.2238
    CBSA code
    34100
    CBSA name
    MORRISTOWN, TN METROPOLITAN 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
    0
    $0.00
    $102,520
    $912,960
    $1,015,480
    -
    $256,300
    $2,282,400
    $2,538,700

    Comparable in this City

    • Value Estimation by Request
      14,241 SF

      4990 Andrew Johnson Hwy

      MANUFACTURING (LIGHT) • 14,241 SF
      4990 Andrew Johnson Hwy, Morristown, TN 37814-6408
      View Details
    • Value Estimation by Request
      180,905 SF

      5712 Commerce Blvd

      MANUFACTURING (LIGHT) • 180,905 SF
      5712 Commerce Blvd, Morristown, TN 37814-1049
      View Details
    • Value Estimation by Request
      86,959 SF

      1307 Davis Ave

      MANUFACTURING (LIGHT) • 86,959 SF
      1307 Davis Ave, Morristown, TN 37814-2800
      View Details
    • Value Estimation by Request
      81,845 SF

      5650 Commerce Blvd

      MANUFACTURING (LIGHT) • 81,845 SF
      5650 Commerce Blvd, Morristown, TN 37814-1048
      View Details
    • Value Estimation
      $480,000
      81,218 SF

      5705 Commerce Blvd

      MANUFACTURING (LIGHT) • 81,218 SF
      5705 Commerce Blvd, Morristown, TN 37814-1049
      View Details
    • Value Estimation
      $1,220,000
      68,891 SF

      5949 Commerce Blvd

      MANUFACTURING (LIGHT) • 68,891 SF
      5949 Commerce Blvd, Morristown, TN 37814-1051
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $9 SF/Yr
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      Adaptable flex space with dock and drive-in doors.
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      Retail space available in a busy shopping center.
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      41,117 SF retail space with drive-thru in Morristown, TN.
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    • $3,033 /Mo
      2,800 SF

      Office/Retail Space For Lease

      2,800 sq ft space ideal for medical, retail, or office.
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      View Details
    • $14 SF/Yr
      2,300 SF

      Mixed-Use Shopping Center For Rent

      Mixed-use shopping center on high-traffic highway with ample parking.
      5251 W Andrew Johnson Hwy, Morristown, TN 37814
      View Details
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    Morristown, TN 37814-4129
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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