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    Property profile & analytics

    203 2nd N St Morristown, TN 37814-4021

    • Warehouses
    • 11,070 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 09, 2023
    $34,000
    Location Intelligence
    Property ID
    US80-0293427
    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

    • Warehouses

    Property Details for 203 2nd N St

    Year built
    1939
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    11,070 SF
    Property type
    Warehouses
    APN
    032033L G 00700
    APU
    032033LG00700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.2951
    Latitude
    36.2141
    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
    $12,000
    $28,920
    $40,920
    -
    $30,000
    $72,300
    $102,300

    Comparable in this City

    • Value Estimation by Request
      4,144 SF

      3775 Andrew Johnson Hwy

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    • Value Estimation by Request
      4,464 SF

      2582 Fairview Rd

      WAREHOUSE, STORAGE • 4,464 SF
      2582 Fairview Rd, Morristown, TN 37814-3018
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      12,780 SF

      223 Main St

      WAREHOUSE, STORAGE • 12,780 SF
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      3,000 SF

      903 Cherokee Dr

      WAREHOUSE, STORAGE • 3,000 SF
      903 Cherokee Dr, Morristown, TN 37814
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      3,200 SF

      854 Buffalo Trl

      WAREHOUSE, STORAGE • 3,200 SF
      854 Buffalo Trl, Morristown, TN 37814-4120
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    • Value Estimation by Request
      12,208 SF

      740 Main St

      WAREHOUSE, STORAGE • 12,208 SF
      740 Main St, Morristown, TN 37814-6627
      View Details

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    Similar Nearby for Lease

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      2,800 sq ft space ideal for medical, retail, or office.
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    • $14 SF/Yr
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      Mixed-Use Shopping Center For Rent

      Mixed-use shopping center on high-traffic highway with ample parking.
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    203 2nd N St
    Morristown, TN 37814-4021
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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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