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    Property profile & analytics

    316 Beech St Morristown, TN 37813

    • Medical offices
    • 1,690 SF
    • 0.26 lot acres
    For Sale
    View listing
    $327,000
    Value Estimation
    Last Sale
    Jan 27, 2023
    $165,000
    Location Intelligence
    Property ID
    US80-1705019
    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

    • Beech Street Chiropractic / Chiropractor
    • Katie L. Kanipe-Noe, DC / Chiropractor
    • Small City Skincare / Spa

    Property Details for 316 Beech St

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    1,690 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    032034J I 00200
    APU
    032034JI00200

    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%
      $265,000
      6.5%
      $265,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $240,000
      Mixed-Use
      $260,000
      Hospitality
      $285,000
      Educational
      $260,000
      Residential Income
      $275,000
      Energy
      $235,000
      Income-Based Land
      $235,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.2739
    Latitude
    36.2177
    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
    $9,240
    $53,560
    $62,800
    -
    $23,100
    $133,900
    $157,000

    Comparable in this City

    • Value Estimation by Request
      61,200 SF

      420 Morris Blvd

      MEDICAL BUILDING • 61,200 SF
      420 Morris Blvd, Morristown, TN 37813-2283
      View Details
    • Value Estimation
      $1,285,000
      11,357 SF

      1423 Morris Blvd

      MEDICAL BUILDING • 11,357 SF
      1423 Morris Blvd, Morristown, TN 37813-2975
      View Details
    • Value Estimation
      $350,000
      7,005 SF

      4138 Durham Lndg

      MEDICAL BUILDING • 7,005 SF
      4138 Durham Lndg, Morristown, TN 37813-1006
      View Details
    • Value Estimation
      $420,000
      24,426 SF

      901 Morris Blvd

      MEDICAL BUILDING • 24,426 SF
      901 Morris Blvd, Morristown, TN 37813-2499
      View Details
    • Value Estimation
      $545,000
      9,856 SF

      1437 Morris Blvd

      MEDICAL BUILDING • 9,856 SF
      1437 Morris Blvd, Morristown, TN 37813-2828
      View Details
    • Value Estimation by Request
      4,004 SF

      1550 Morris Blvd

      MEDICAL BUILDING • 4,004 SF
      1550 Morris Blvd, Morristown, TN 37813-2153
      View Details

    Similar Nearby for Sale

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      Unimproved land available in Morristown, Tennessee.
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      Well-maintained duplex in the heart of Morristown, Tennessee.
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      0.20 Acres

      Residential Lot Near City Amenities

      Level city lot suitable for residential development near amenities.
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      Morristown Land with Redevelopment Potential

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    Similar Nearby for Lease

    • $2,000 /Mo
      23,958 SF

      Morristown Automotive Lot For Lease

      High-visibility automotive lot on South Cumberland Street available for lease.
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      View Details
    • $5 SF/Yr
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      Morristown Warehouse Space For Lease

      16,000 SF warehouse space with shared loading docks.
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    • Contact for pricing
      23,900 SF

      Crockett Square: Retail Space Available

      Prime Walmart shadow center; 1,600 SF available.
      463 Davy Crockett Pkwy, Morristown, TN 37813
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    • $5,833 /Mo

      Morristown Acreage Near I-81

      1.36 acres for lease near I-81 and local businesses.
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      View Details
    • $3 SF/Yr
      50,000 SF

      Morristown Warehouse Space Available

      50000 square foot warehouse space for lease.
      325 Industrial Ave, Morristown, TN 37813
      View Details
    • Contact for pricing
      107,122 SF

      Crockett Square Retail Center

      Morristown, TN Retail Space Available
      507 Davy Crockett Pkwy, Morristown, TN 37813
      View Details
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    316 Beech St
    Morristown, TN 37813
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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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