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    Property profile & analytics

    1204 Frye St Athens, TN 37303-3052

    • Assisted living facilities
    • 32,073 SF
    • 3.69 lot acres
    OFF-MARKET
    Value Estimation
    $815,000
    Location Intelligence
    Property ID
    US80-1261904
    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

    • NHC HealthCare, Athens / Rehabilitation Center / Medical Center
    • Jessica Faulkner / Occupational Therapist
    • Elicia D. Cruz, PhD / Occupational Therapist / Physical Therapist

    Property Details for 1204 Frye St

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.69 lot acres
    Property size
    32,073 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    054056N A 01100
    APU
    054056NA01100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $990,000
      6.5%
      $1,025,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $955,000
      Geo Method
      $1,190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,085,000
      Retail
      $1,005,000
      Mixed-Use
      $1,185,000
      Hospitality
      $1,060,000
      Educational
      $1,160,000
      Residential Income
      $970,000
      Energy
      $920,000
      Income-Based Land
      $1,000,000
      Food Service
      $1,030,000

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Mcminn
    State
    Tennessee
    Longitude
    -84.6083
    Latitude
    35.4429
    CBSA code
    11940
    CBSA name
    ATHENS, 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
    $22,925
    $36,240
    $1,060,560
    $1,096,800
    -
    $90,600
    $2,651,400
    $2,742,000

    Comparable in this City

    • Value Estimation by Request
      41,702 SF

      1234 Frye St

      HOMES (RETIRED, NURSING) • 41,702 SF
      1234 Frye St, Athens, TN 37303-3052
      View Details
    • Value Estimation by Request
      2,096 SF

      510 County Rd 100

      MEDICAL BUILDING • 2,096 SF
      510 County Rd 100, Athens, TN 37303-6670
      View Details
    • Value Estimation
      $70,000
      7,320 SF

      1005 Madison Ave

      MEDICAL BUILDING • 7,320 SF
      1005 Madison Ave, Athens, TN 37303-3433
      View Details
    • Value Estimation
      $235,000
      3,285 SF

      307 Maple St

      MEDICAL BUILDING • 3,285 SF
      307 Maple St, Athens, TN 37303-2957
      View Details
    • Value Estimation
      $80,000
      6,528 SF

      817 Cook Dr

      MEDICAL BUILDING • 6,528 SF
      817 Cook Dr, Athens, TN 37303-3485
      View Details
    • Value Estimation
      $210,000
      2,500 SF

      406 Madison Ave

      MEDICAL BUILDING • 2,500 SF
      406 Madison Ave, Athens, TN 37303-4232
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,658 SF

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      3,658 SF retail space with pole signage available.
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      New retail development with high visibility and drive-thru opportunity.
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      1.66 acre commercial land for lease on Decatur Pike.
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    • $22 SF/Yr
      2,000 SF

      Retail Space on Decatur Pike

      2,000 SF retail space available for lease immediately.
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    • $22 SF/Yr
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      Retail Space on Decatur Pike

      Retail space available immediately in a strong retail market.
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    • Contact for pricing
      2,500 SF

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      Versatile space suitable for restaurants and retail with high visibility.
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      View Details
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    Athens, TN 37303-3052
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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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