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    Property profile & analytics

    1603 Hwy 64 Benton, TN 37307-5824

    • Turn key restaurants
    • 2,904 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-0712772
    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

    • Turn key restaurants

    Property Details for 1603 Hwy 64

    Year built
    1970
    Lot size
    0.46 lot acres
    Property size
    2,904 SF
    Property type
    Turn key restaurants
    APN
    070076 00901
    APU
    7007600901

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Polk
    State
    Tennessee
    Longitude
    -84.6651
    Latitude
    35.108
    CBSA code
    17420
    CBSA name
    CLEVELAND, 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
    $1,522
    $16,600
    $73,480
    $90,080
    -
    $41,500
    $183,700
    $225,200

    Comparable in this City

    • Value Estimation by Request

      1845 Us-64

      Restaurants
      1845 Us-64, Benton, TN 37307
      View Details
    • Value Estimation
      $390,000
      1,412 SF

      6284 Hwy 411

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,412 SF
      6284 Hwy 411, Benton, TN 37307-3620
      View Details
    • Value Estimation by Request
      1,590 SF

      6219 Hwy 411

      FINANCIAL BUILDING • 1,590 SF
      6219 Hwy 411, Benton, TN 37307
      View Details
    • Value Estimation by Request
      4,100 SF

      401 Smyrna Rd

      AUTO REPAIR, GARAGE • 4,100 SF
      401 Smyrna Rd, Benton, TN 37307-5603
      View Details
    • Value Estimation by Request
      3,090 SF

      2339 Parksville Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,090 SF
      2339 Parksville Rd, Benton, TN 37307-3815
      View Details
    • Value Estimation by Request
      1,728 SF

      6220 Hwy 411

      RETAIL STORES (PERSONAL SERVICES) • 1,728 SF
      6220 Hwy 411, Benton, TN 37307-3622
      View Details

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      1.37 acre lot near Parksville Lake and Ocoee River.
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      Ready-to-Build Lot Near Ocoee River

      1.33 acre lot near Parksville Lake and Ocoee River.
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    1603 Hwy 64
    Benton, TN 37307-5824
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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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