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    Property profile & analytics

    116 Ct St Rutledge, TN 37861-4481

    • Retail space
    • 221 SF
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 16, 2021
    $6,565
    Location Intelligence
    Property ID
    US80-2306322
    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

    • Retail space

    Property Details for 116 Ct St

    Year built
    1930
    Construction
    WOOD
    Lot size
    20.00 lot acres
    Property size
    221 SF
    Property type
    Retail space
    APN
    029049O A 01200
    APU
    029049OA01200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rutledge
    County
    Grainger
    State
    Tennessee
    Longitude
    -83.514
    Latitude
    36.2813
    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
    2023
    $91
    $1,320
    $2,560
    $3,880
    -
    $3,300
    $6,400
    $9,700

    Comparable in this City

    • Value Estimation by Request
      1,830 SF

      8025 Rutledge Pike

      RETAIL STORES (PERSONAL SERVICES) • 1,830 SF
      8025 Rutledge Pike, Rutledge, TN 37861
      View Details
    • Value Estimation
      $390,000
      864 SF

      379 May Spgs Rd

      RETAIL STORES (PERSONAL SERVICES) • 864 SF
      379 May Spgs Rd, Rutledge, TN 37861-4900
      View Details
    • Value Estimation
      $660,000
      41,366 SF

      7500 Rutledge Pike

      RETAIL STORES (PERSONAL SERVICES) • 41,366 SF
      7500 Rutledge Pike, Rutledge, TN 37861-3614
      View Details
    • Value Estimation
      $335,000
      9,000 SF

      7669 Rutledge Pike

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      7669 Rutledge Pike, Rutledge, TN 37861-3612
      View Details
    • Value Estimation
      $85,000
      5,300 SF

      7805 Rutledge Pike

      RETAIL STORES (PERSONAL SERVICES) • 5,300 SF
      7805 Rutledge Pike, Rutledge, TN 37861-3016
      View Details
    • Value Estimation by Request
      4,860 SF

      6716 Hwy 92

      RETAIL STORES (PERSONAL SERVICES) • 4,860 SF
      6716 Hwy 92, Rutledge, TN 37861
      View Details

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    116 Ct St
    Rutledge, TN 37861-4481
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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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