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    Property profile & analytics

    117 Park Ct Talbott, TN 37877-8674

    • Retail space
    • 3,000 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    May 04, 2022
    $235,000
    Location Intelligence
    Property ID
    US80-1368600
    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

    • Permanent Cosmetics By Janis / Cosmetics Store
    • LISA BROWN, CRYE-LEIKE LAKEWAY WEST, REALTORS / Real Estate Agency
    • LORI CAUGHORN, Crye-Leike Lakeway West / Real Estate Agent
    • Marjorie Heskett Crye-Leike Premier Real Estate / Real Estate Agent
    • Innovation Salon / Beauty Salon

    Property Details for 117 Park Ct

    Year built
    1995
    Construction
    WOOD
    Lot size
    0.31 lot acres
    Property size
    3,000 SF
    Zone code
    IB
    Property type
    Retail space
    APN
    032047L C 00200
    APU
    032047LC00200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $240,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $255,000
      Mixed-Use
      $245,000
      Hospitality
      $215,000
      Educational
      $200,000
      Residential Income
      $225,000
      Energy
      $240,000
      Income-Based Land
      $255,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Talbott
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.3958
    Latitude
    36.1759
    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
    $23,320
    $52,560
    $75,880
    -
    $58,300
    $131,400
    $189,700

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      1157 Hwy 11th E

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      1157 Hwy 11th E, Talbott, TN 37877-3125
      View Details
    • Value Estimation by Request
      2,074 SF

      1211 Hwy 11th E

      RETAIL STORES (PERSONAL SERVICES) • 2,074 SF
      1211 Hwy 11th E, Talbott, TN 37877-3126
      View Details
    • Value Estimation by Request
      1,300 SF

      467 Talbott Kansas Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,300 SF
      467 Talbott Kansas Rd, Talbott, TN 37877
      View Details
    • Value Estimation
      $325,000
      17,259 SF

      6900 Andrew Johnson Hwy

      RETAIL STORES (PERSONAL SERVICES) • 17,259 SF
      6900 Andrew Johnson Hwy, Talbott, TN 37877-8611
      View Details
    • Value Estimation by Request
      4,505 SF

      7248 Andrew Johnson Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,505 SF
      7248 Andrew Johnson Hwy, Talbott, TN 37877-8614
      View Details
    • Value Estimation by Request
      682 SF

      1254 Hwy 11th E

      RETAIL STORES (PERSONAL SERVICES) • 682 SF
      1254 Hwy 11th E, Talbott, TN 37877-3123
      View Details

    Similar Nearby for Sale

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      2-acre lot for custom home near amenities and interstate.
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      7-acre lot in Summerset Farms with Smoky Mountain views.
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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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