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    Property profile & analytics

    2305 Hwy 11e Strawberry Plains, TN 37871-3544

    • Retail space
    • 5,264 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US80-1895958
    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

    • Krispy Krunchy Chicken / Chicken Restaurant
    • Marathon / Gas Station
    • Roadside Market & Deli / Gas Station
    • ATM / Atm

    Property Details for 2305 Hwy 11e

    Year built
    2014
    Lot size
    1.10 lot acres
    Property size
    5,264 SF
    Zone code
    A-1
    Property type
    Retail space
    APN
    042L A 06100 001
    APU
    042LA06100001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $145,000
      7%
      $135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $125,000
      Retail
      $155,000
      Mixed-Use
      $145,000
      Hospitality
      $145,000
      Educational
      $135,000
      Residential Income
      $165,000
      Energy
      $165,000
      Income-Based Land
      $145,000
      Food Service
      $145,000

    Location Insight

    • Map
    • Local Demand
    City
    Strawberry Plains
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.6395
    Latitude
    36.0708
    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
    $11,120
    $161,080
    $172,200
    -
    $27,800
    $402,700
    $430,500

    Comparable in this City

    • Value Estimation
      $235,000
      5,292 SF

      1113 Andrew Johnson Hwy

      RETAIL STORES (PERSONAL SERVICES) • 5,292 SF
      1113 Andrew Johnson Hwy, Strawberry Plains, TN 37871-1159
      View Details
    • Value Estimation by Request
      2,088 SF

      203 Asheville Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,088 SF
      203 Asheville Hwy, Strawberry Plains, TN 37871-1703
      View Details
    • Value Estimation
      $340,000
      4,992 SF

      1016 Thorn Grv Pike

      RETAIL STORES (PERSONAL SERVICES) • 4,992 SF
      1016 Thorn Grv Pike, Strawberry Plains, TN 37871-1729
      View Details
    • Value Estimation by Request
      9,075 SF

      749 Andrew Johnson Hwy

      RETAIL STORES (PERSONAL SERVICES) • 9,075 SF
      749 Andrew Johnson Hwy, Strawberry Plains, TN 37871-1158
      View Details
    • Value Estimation by Request
      872 SF

      606 Asheville Hwy

      RETAIL STORES (PERSONAL SERVICES) • 872 SF
      606 Asheville Hwy, Strawberry Plains, TN 37871-5709
      View Details
    • Value Estimation by Request
      2,776 SF

      2104 Hwy 11e

      RETAIL STORES (PERSONAL SERVICES) • 2,776 SF
      2104 Hwy 11e, Strawberry Plains, TN 37871-3558
      View Details

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    Strawberry Plains, TN 37871-3544
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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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