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    Property profile & analytics

    402 Broad St New Tazewell, TN 37825-7239

    • Commercial land
    • 1,564 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 17, 2023
    $430,000
    Location Intelligence
    Property ID
    US80-3543077
    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

    • Fast Pace Primary Care: Teresa Malone, MSN, APRN, FNP-BC / Medical Clinic
    • Fast Pace Primary Care - New Tazewell, TN / Medical Clinic / Urgent Care Center
    • Fast Pace Health Urgent Care - New Tazewell, TN / Medical Clinic / Urgent Care Center
    • Fast Pace Primary Care: Ashley Smallwood, FNP / Medical Clinic / Nurse Practitioner

    Property Details for 402 Broad St

    Year built
    1905
    Lot size
    0.53 lot acres
    Property size
    1,564 SF
    Property type
    Commercial land
    APN
    095 05900
    APU
    9505900

    Description

    This exceptional 0.5-acre commercial lot presents a remarkable investment opportunity in the thriving town of New Tazewell, Tennessee. Located at 402 S Broad St, this property boasts an unparalleled location with significant visibility and high traffic counts. The lot features approximately 135 feet of highway frontage along a road with nearly 20,000 vehicles passing daily, complemented by an additional 148 feet of frontage on Russell Road. This strategic positioning offers immense potential for a wide range of commercial ventures. Imagine a bustling coffee shop catering to nearby factory workers, a convenient liquor store, a much-needed oil change facility, or a popular breakfast establishment. The possibilities are virtually limitless, making this a truly unique opportunity for entrepreneurs and investors alike. Situated just eight miles from Norris Lake, this property offers easy access to recreational activities and a desirable lifestyle. City water and sewer services are readily available at the roadside, simplifying development and reducing infrastructure costs. Don't miss this chance to secure a prime commercial lot in a high-growth area of East Tennessee. This Claiborne County property is ready for your vision. Contact us today to learn more and request a video tour.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Tazewell
    County
    Claiborne
    State
    Tennessee
    Longitude
    -83.6055
    Latitude
    36.4398

    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
    $1,127
    $40,880
    $0.00
    $40,880
    -
    $102,200
    $0.00
    $102,200

    Comparable in this City

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      0.34 Acres

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      New St, New Tazewell, TN 37825
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      New St, New Tazewell, TN 37825
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      Old Jacksboro Rd

      VACANT COMMERCIAL LAND • 0.14 Acres
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      0.40 Acres

      Old Knoxville Hwy

      VACANT COMMERCIAL LAND • 0.40 Acres
      Old Knoxville Hwy, New Tazewell, TN 37825
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    • Value Estimation by Request
      0.17 Acres

      219 Main St

      VACANT COMMERCIAL LAND • 1,470 SF
      219 Main St, New Tazewell, TN 37825-6637
      View Details

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    402 Broad St
    New Tazewell, TN 37825-7239
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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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