Property profile

640 Cosby Hwy Newport, TN 37821

OFF-MARKET
Commercial real estate
Property ID
US80-1014741
5,709 SF 1.15 ac lot Built 1992
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Construction WOOD
Total area 5,709 SF
Lot 1.15 ac (50,094 SF)
APN 015056G C 00800
UPID US80-1014741

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

640 Cosby Hwy Newport, TN 37821-3418
Newport metro Census 920600 NEWPORT, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2024
Last sale
$130,000
7 recorded transactions
2024
$700,000
2022
Price N/A
2022
Price N/A
2022
Price N/A
2021
Price N/A
1992
$130,000
1991
$81,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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