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    401411 Broadway Newport, TN 37821

    • Residential income homes
    • 6,696 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US80-1737867
    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

    • Residential income homes

    Property Details for 401411 Broadway

    Year built
    1959
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.07 lot acres
    Property size
    6,696 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    015047P B 00600
    APU
    015047PB00600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $290,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $225,000
      Mixed-Use
      $250,000
      Hospitality
      $285,000
      Educational
      $235,000
      Residential Income
      $270,000
      Energy
      $280,000
      Income-Based Land
      $290,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.2037
    Latitude
    35.9686
    CBSA code
    35460
    CBSA name
    NEWPORT, TN MICROPOLITAN 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
    $12,812
    $50,360
    $207,320
    $257,680
    -
    $125,900
    $518,300
    $644,200

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      634 Nn St

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,200 SF
      634 Nn St, Newport, TN 37821-2135
      View Details
    • Value Estimation
      $320,000
      5,576 SF

      2 Nd St 540th 544a

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,576 SF
      2 Nd St 540th 544a, Newport, TN 37821
      View Details
    • Value Estimation
      $430,000
      9,128 SF

      659 Broadway

      APARTMENT HOUSE (UNDER 5 UNITS) • 9,128 SF
      659 Broadway, Newport, TN 37821
      View Details
    • Value Estimation by Request
      2,107 SF

      808 Blue Rdg Way, Unit 101

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,107 SF
      808 Blue Rdg Way, Newport, TN 37821-5117
      View Details
    • Value Estimation
      $390,000
      2,376 SF

      495 Ter Way, Unit 425

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,376 SF
      495 Ter Way, Newport, TN 37821-5160
      View Details
    • Value Estimation
      $3,565,000
      7,840 SF

      100 Elena Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,840 SF
      100 Elena Ln, Newport, TN 37821-4419
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      18,066 SF

      Food Grade Manufacturing Facility

      Manufacturing facility with rail access, convenient interstate access.
      540 E Broadway, Newport, TN 37821
      View Details
    • $575 /Mo
      436 SF

      Downtown Newport Business Offices For Rent

      Charming, restored office spaces in downtown Newport with utilities included.
      273 E Broadway St, Newport, TN 37821
      View Details
    • $1,800 /Mo
      174,240 SF

      Retail Space in Busy Center

      2,400 sq ft retail space in high-traffic Newport shopping center.
      216 W Broadway St, Newport, TN 37821
      View Details
    • Contact for pricing
      477,205 SF

      540 E Broadway St

      Distribution properties • 477,205 SF
      540 Broadway St, Newport, TN 37821
      View Details
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    401411 Broadway
    Newport, TN 37821
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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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