Financial
Distress signals
Property profile

217 Western Ave Morristown, TN 37814

OFF-MARKET
Other office properties
Property ID
US80-1891309
5,008 SF 0.33 ac lot Built 1951
Last sale Sep 1988 · $48,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office building located in Morristown, Tennessee on a 0.33-acre lot, configured with six offices, two large common areas, 1.5 bathrooms, and a full kitchen. The building includes approximately 1,700 square feet of unfinished basement space suitable for storage. Parking is provided on-site, and the exterior grounds include a sealed parking lot surface. Interior finishes include painted office areas, and the property is maintained in good working condition.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$73k
Assessed land$37k
Assessed improvement$36k

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$310k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$198/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$78 – $388

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IB
This district is intended to provide for more intensive commercial activities within areas specifically designed to accommodate these act...
General categoryCOMMERCIAL
JurisdictionHAMBLEN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.3
Plumbing Service9.6
Tailor Shop9.4

Location

217 Western Ave Morristown, TN 37814-3636
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
840 1st N, Morristown, TN 37814-4548 $175,000 Jun 2025 3,295 SF
918 1st N, Morristown, TN 37814-4550 $365,845 Jan 2025 4,215 SF
717 Main, Morristown, TN 37814-4521 $600,000 Apr 2023 4,032 SF
2482 Brights, Morristown, TN 37814-6315 $800,000 Jan 2023 6,882 SF
216 Allison, Morristown, TN 37814-4070 $469,000 Jun 2022 6,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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