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    Property profile & analytics

    3139 Hwy 61st E Luttrell, TN 37779-2103

    • Retail space
    • 1,024 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 14, 2022
    $55,000
    Location Intelligence
    Property ID
    US80-0459073
    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

    • Retail space

    Property Details for 3139 Hwy 61st E

    Year built
    1970
    Lot size
    0.14 lot acres
    Property size
    1,024 SF
    Property type
    Retail space
    APN
    087073 03900
    APU
    8707303900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Luttrell
    County
    Union
    State
    Tennessee
    Longitude
    -83.7452
    Latitude
    36.2099
    CBSA code
    28940
    CBSA name
    KNOXVILLE, 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
    $99
    $2,050
    $3,150
    $5,200
    -
    $8,200
    $12,600
    $20,800

    Comparable in this City

    • Value Estimation
      $400,000
      8,736 SF

      3155 Hwy 61st E

      RETAIL STORES (PERSONAL SERVICES) • 8,736 SF
      3155 Hwy 61st E, Luttrell, TN 37779-2103
      View Details
    • Value Estimation
      $150,000
      896 SF

      3325 Hwy 61st E

      RETAIL STORES (PERSONAL SERVICES) • 896 SF
      3325 Hwy 61st E, Luttrell, TN 37779-2045
      View Details
    • Value Estimation by Request
      2,978 SF

      572 Tazewell Pike

      GROCERY, SUPERMARKET • 2,978 SF
      572 Tazewell Pike, Luttrell, TN 37779-2024
      View Details
    • Value Estimation
      $430,000
      2,915 SF

      111 Tazewell Pike

      FINANCIAL BUILDING • 2,915 SF
      111 Tazewell Pike, Luttrell, TN 37779
      View Details
    • Value Estimation by Request
      1,800 SF

      2314 Hwy 61st E

      AUTO REPAIR, GARAGE • 1,800 SF
      2314 Hwy 61st E, Luttrell, TN 37779-2534
      View Details
    • Value Estimation by Request
      2,704 SF

      729 Tazewell Pike

      AUTO REPAIR, GARAGE • 2,704 SF
      729 Tazewell Pike, Luttrell, TN 37779-2029
      View Details

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      4.52 acres with barn, pond, and mountain views.
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    Luttrell, TN 37779-2103
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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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