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    Property profile & analytics

    1015 Cosby Hwy Newport, TN 37821-7323

    • Motels
    • 12,384 SF
    • 3.40 lot acres
    OFF-MARKET
    Value Estimation
    $845,000
    Last Sale
    Nov 05, 2021
    Location Intelligence
    Property ID
    US80-0362039
    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

    • Best Western Newport Inn / Hotel
    • Michael's Bar & Grill / Bar & Grill
    • Brooklyn Pizzeria / Restaurant

    Property Details for 1015 Cosby Hwy

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.40 lot acres
    Property size
    12,384 SF
    Property type
    Motels
    APN
    015056I B 01000
    APU
    015056IB01000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.2056
    Latitude
    35.9473
    CBSA code
    35460
    CBSA name
    NEWPORT, 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
    2023
    $54,171
    $225,080
    $864,440
    $1,089,520
    -
    $562,700
    $2,161,100
    $2,723,800

    Comparable in this City

    • Value Estimation
      $2,125,000
      21,864 SF

      1014 Cosby Hwy

      MOTEL • 21,864 SF
      1014 Cosby Hwy, Newport, TN 37821-7321
      View Details
    • Value Estimation
      $3,020,000
      24,120 SF

      255 Heritage Blvd

      MOTEL • 24,120 SF
      255 Heritage Blvd, Newport, TN 37821-4243
      View Details
    • Value Estimation
      $510,000
      17,202 SF

      1311 Hwy 25th 70

      MOTEL • 17,202 SF
      1311 Hwy 25th 70, Newport, TN 37821-9011
      View Details
    • Value Estimation
      $395,000
      2,256 SF

      1148 Hwy 25th 70

      MOTEL • 2,256 SF
      1148 Hwy 25th 70, Newport, TN 37821-8050
      View Details
    • Value Estimation
      $1,200,000
      59,489 SF

      1010 Cosby Hwy

      MOTEL • 59,489 SF
      1010 Cosby Hwy, Newport, TN 37821-7321
      View Details
    • Value Estimation
      $200,000
      29,100 SF

      1025 Cosby Hwy

      MOTEL • 29,100 SF
      1025 Cosby Hwy, Newport, TN 37821-7265
      View Details

    Similar Nearby for Sale

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      0.58 Acres

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      Affordable Commercial Space, Huge Lot
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      4,384 SF

      Newport Office Building - High Income Potential

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      Newport, TN Investment Opportunity

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    • $49,900
      1.04 Acres

      Residential Land in English Fields

      1.04 acre lot ready for your custom home.
      English Fields Dr, Newport, TN 37821
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    • $35,000
      0.53 Acres

      Residential Land in Newport, TN

      Building lot with utilities, close to interstate and highway.
      Blue Springs Way, Newport, TN 37821
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    • $49,900
      0.41 Acres

      Residential Lot in Heatherwood Estates

      Residential lot in established neighborhood, ready for new construction.
      Timber Trl, Newport, TN 37821
      View Details

    Similar Nearby for Lease

    • $575 /Mo
      436 SF

      Downtown Newport Business Offices For Rent

      Charming, restored office spaces in downtown Newport with utilities included.
      273 E Broadway St, Newport, TN 37821
      View Details
    • $1,800 /Mo
      174,240 SF

      Retail Space in Busy Center

      2,400 sq ft retail space in high-traffic Newport shopping center.
      216 W Broadway St, Newport, TN 37821
      View Details
    • Contact for pricing
      18,066 SF

      Food Grade Manufacturing Facility

      Manufacturing facility with rail access, convenient interstate access.
      540 E Broadway, Newport, TN 37821
      View Details
    • Contact for pricing
      477,205 SF

      540 E Broadway St

      Distribution properties • 477,205 SF
      540 Broadway St, Newport, TN 37821
      View Details

    Property Visit Statistics

    • Visits by month
      10.3k
    • Visitors by month
      5.7k
    • Avg Time on site
      9 min
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    1015 Cosby Hwy
    Newport, TN 37821-7323
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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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