1018 Cosby Hwy Newport, TN 37821
Property profile & analytics
1018 Cosby Hwy Newport, TN 37821
- Commercial land
- 0.55 lot acres
Property ID
US80-2853425
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.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 1018 Cosby Hwy
- Lot size
- 0.55 lot acres
- Property type
- Commercial land
- APN
- 015056 01703
- APU
- 1505601703
Description
This exceptional 0.55-acre commercial lot presents a unique investment opportunity in the thriving city of Newport, Tennessee. Located at 1018 Cosby Hwy, 37821, this property boasts a prime location with excellent visibility and accessibility. The lot offers cross-over parking available on both easements, maximizing convenience for potential businesses and customers. High traffic counts are a significant advantage, with 22,725 average daily traffic (ADT) on Cosby Highway and 37,162 ADT on I-40, ensuring substantial exposure for any development. The area is already home to a strong retail presence, including established businesses such as Walmart, Lowe's, Bojangles, Best Western Newport Inn, Cracker Barrel, Hampton Inn, and Newport Cinema 4, creating a vibrant and attractive commercial environment. Strong demographics further support the potential of this site. Within a 5-mile radius, the population is 19,109 with an average household income of $49,952. This increases to 39,282 residents and $59,227 average household income within 10 miles, and 71,266 residents and $65,218 average household income within 15 miles. This prime location and strong surrounding infrastructure make this .55-acre lot an exceptional opportunity for commercial development. The asking price is $750,000.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Longitude
- -83.2049
- Latitude
- 35.9456
- 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
$0.00
$28,120
$0.00
$28,120
-
$70,300
$0.00
$70,300
