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    Property profile & analytics

    4793 New Hwy 68 Madisonville, TN 37354-2134

    • Retail space
    • 12,250 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Oct 02, 2023
    $400,000
    Location Intelligence
    Property ID
    US80-0928865
    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

    • Wolves' Den Mixed Martial Arts / Martial Arts School
    • Smiley Family Chiropractic / Chiropractor / Wellness Center
    • Senior Citizens Home Assistance Services / Senior Citizen Center
    • Jessica A Smiley Hedrick / Chiropractor
    • Dr. Danielle Barron / Chiropractor

    Property Details for 4793 New Hwy 68

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.64 lot acres
    Property size
    12,250 SF
    Zone code
    R-1
    Property type
    Retail space
    APN
    062067K C 00300
    APU
    062067KC00300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $380,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $340,000
      Mixed-Use
      $285,000
      Hospitality
      $300,000
      Educational
      $295,000
      Residential Income
      $330,000
      Energy
      $330,000
      Income-Based Land
      $315,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.3688
    Latitude
    35.5063

    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
    2022
    $7,200
    $65,520
    $201,800
    $267,320
    -
    $163,800
    $504,500
    $668,300

    Comparable in this City

    • Value Estimation by Request
      3,944 SF

      4500 Sweetwater Vonore Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,944 SF
      4500 Sweetwater Vonore Rd, Madisonville, TN 37354-4120
      View Details
    • Value Estimation by Request
      5,159 SF

      2 Main St, Unit 103

      RETAIL STORES (PERSONAL SERVICES) • 5,159 SF
      2 Main St, Madisonville, TN 37354
      View Details
    • Value Estimation
      $405,000
      5,220 SF

      2468 Hwy 411

      RETAIL STORES (PERSONAL SERVICES) • 5,220 SF
      2468 Hwy 411, Madisonville, TN 37354-6348
      View Details
    • Value Estimation
      $205,000
      2,236 SF

      4120 Hwy 411

      RETAIL STORES (PERSONAL SERVICES) • 2,236 SF
      4120 Hwy 411, Madisonville, TN 37354-1561
      View Details
    • Value Estimation
      $650,000
      7,740 SF

      4950 New Hwy 68

      RETAIL STORES (PERSONAL SERVICES) • 7,740 SF
      4950 New Hwy 68, Madisonville, TN 37354-7711
      View Details
    • Value Estimation
      $230,000
      5,000 SF

      5532 New Hwy 68

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      5532 New Hwy 68, Madisonville, TN 37354-7716
      View Details

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      Madisonville Commercial Property For Sale

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    Similar Nearby for Lease

    • $12 SF/Yr
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      Madisonville Office Space for Lease

      Prime Madisonville Office, 1,000 SF Available
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    • Contact for pricing

      Commercial Land on Highway 411

      Commercial land for rent in high-traffic Madisonville corridor.
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      View Details
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    4793 New Hwy 68
    Madisonville, TN 37354-2134
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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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