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    Property profile & analytics

    62 State Rte Rte Wartburg, TN 37887

    • Retail space
    • 11,153 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    $100,000
    Last Sale
    Jan 12, 2023
    $92,500
    Location Intelligence
    Property ID
    US80-3449827
    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 62 State Rte Rte

    Year built
    2023
    Construction
    STEEL FRAME
    Lot size
    3.00 lot acres
    Property size
    11,153 SF
    Property type
    Retail space
    APN
    065108 01232
    APU
    6510801232

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wartburg
    County
    Morgan
    State
    Tennessee
    Longitude
    -84.5534
    Latitude
    36.0958
    CBSA code
    28940
    CBSA name
    KNOXVILLE, 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
    2022
    $319
    $43,200
    $403,920
    $447,120
    -
    $108,000
    $1,009,800
    $1,117,800

    Comparable in this City

    • Value Estimation by Request
      2,040 SF

      Kingston St

      RETAIL STORES (PERSONAL SERVICES) • 2,040 SF
      Kingston St, Wartburg, TN 37887
      View Details
    • Value Estimation by Request
      3,520 SF

      601 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,520 SF
      601 Main St, Wartburg, TN 37887-4143
      View Details
    • Value Estimation
      $340,000
      3,888 SF

      Hwy 27th By-pass

      RETAIL STORES (PERSONAL SERVICES) • 3,888 SF
      Hwy 27th By-pass, Wartburg, TN 37887
      View Details
    • Value Estimation by Request
      2,520 SF

      1259 Knoxville Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,520 SF
      1259 Knoxville Hwy, Wartburg, TN 37887-4201
      View Details
    • Value Estimation by Request
      3,119 SF

      721 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,119 SF
      721 Main St, Wartburg, TN 37887-4145
      View Details
    • Value Estimation by Request
      1,200 SF

      2470 Morgan County Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      2470 Morgan County Hwy, Wartburg, TN 37887-3521
      View Details

    Similar Nearby for Sale

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      41.62 Acres

      Forested Land with Timber Cabin

      41.6 acre lot with cabin and outbuildings near Wartburg.
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    • $975,000
      24,960 SF

      Wartburg Climate-Controlled Industrial Property

      24,960 SF industrial property on 4.53 acres in Wartburg, TN.
      1237 Knoxville Hwy, Wartburg, TN 37887
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    • $200,000
      30.28 Acres

      30 Acres on Petit Lane

      30.28 acres perfect for farming, recreation, or building a home.
      Petit Ln, Wartburg, TN 37887
      View Details
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    62 State Rte Rte
    Wartburg, TN 37887
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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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