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    Property profile & analytics

    474 Hwy 11e New Market, TN 37820-4300

    • Retail space
    • 6,942 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    $100,000
    Last Sale
    Nov 14, 2023
    $121,456
    Location Intelligence
    Property ID
    US80-1761732
    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 474 Hwy 11e

    Year built
    1948
    Lot size
    1.86 lot acres
    Property size
    6,942 SF
    Zone code
    R-1
    Property type
    Retail space
    APN
    023 02701
    APU
    2302701

    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 Market
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.5199
    Latitude
    36.1094
    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
    $36,640
    $71,920
    $108,560
    -
    $91,600
    $179,800
    $271,400

    Comparable in this City

    • Value Estimation by Request
      228 SF

      1005 Old A J Hwy

      RETAIL STORES (PERSONAL SERVICES) • 228 SF
      1005 Old A J Hwy, New Market, TN 37820-4213
      View Details
    • Value Estimation by Request
      2,790 SF

      903 Hwy 11e

      RETAIL STORES (PERSONAL SERVICES) • 2,790 SF
      903 Hwy 11e, New Market, TN 37820-4203
      View Details
    • Value Estimation
      $210,000
      1,800 SF

      1701 Dumplin Loop Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      1701 Dumplin Loop Rd, New Market, TN 37820-5413
      View Details
    • Value Estimation by Request
      2,730 SF

      968 Hwy 11e

      RETAIL STORES (PERSONAL SERVICES) • 2,730 SF
      968 Hwy 11e, New Market, TN 37820-4205
      View Details
    • Value Estimation by Request
      2,464 SF

      729 Hwy 11e

      RETAIL STORES (PERSONAL SERVICES) • 2,464 SF
      729 Hwy 11e, New Market, TN 37820-4307
      View Details
    • Value Estimation by Request
      2,202 SF

      665 Hwy 11e

      RETAIL STORES (PERSONAL SERVICES) • 2,202 SF
      665 Hwy 11e, New Market, TN 37820-4306
      View Details

    Similar Nearby for Sale

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      1.5 acre lot suitable for residential use, mobile homes allowed.
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    • New
      $64,000
      Pending

      Residential Lot in River Mist

      1.15 acre lot in established New Market subdivision.
      1951 Buck Hollow Rd, New Market, TN 37820
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    • $1,800,000
      47.68 Acres

      Prime Corner Acreage For Sale

      47.68+/- acres with high visibility and development potential.
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    • Contact for pricing
      Pending

      River Mist Subdivision Land

      1.37-acre lot with Holston River access and creek.
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      View Details
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    474 Hwy 11e
    New Market, TN 37820-4300
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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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