Property profile

1585 Hwy 73 Newport, TN 37821

OFF-MARKET
Auto shops
Property ID
US80-0324132
2,580 SF 1.57 ac lot Built 1970
Individually Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,580 SF
Lot 1.57 ac (68,389 SF)
APN 015084 05501
UPID US80-0324132

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1585 Hwy 73 Newport, TN 37821-6274
Newport metro Census 920502 NEWPORT, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2015
$142,800
2003
$100
2002
$800

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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