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    Property profile & analytics

    651 Niles Fry Rd Madisonville, TN 37354-1555

    • Retail space
    • 5,250 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Jan 22, 2021
    Location Intelligence
    Property ID
    US80-1898672
    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

    • Grayson's Auction and Sales / Auction House / Discount Store

    Property Details for 651 Niles Fry Rd

    Year built
    1980
    Lot size
    1.07 lot acres
    Property size
    5,250 SF
    Zone code
    C-3
    Property type
    Retail space
    APN
    062068A B 02500
    APU
    062068AB02500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.3542
    Latitude
    35.5197

    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
    $3,101
    $42,080
    $86,680
    $128,760
    -
    $105,200
    $216,700
    $321,900

    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

    Similar Nearby for Sale

    • $750,000
      2,800 SF

      Retail Space Near Highway 411

      Retail space, currently an auto dealership, near Highway 411.
      3984 Highway 411, Madisonville, TN 37354
      View Details
    • $299,900
      2,976 SF

      Versatile Commercial Building For Sale

      2,976 sq ft commercial building suitable for retail or office.
      715 Niles Ferry Rd, Madisonville, TN 37354
      View Details
    • $298,900
      2,880 SF

      Commercial Property in Madisonville, TN

      Commercial property suitable for retail or office use in Madisonville.
      102 College St, Madisonville, TN 37354
      View Details
    • $2,000,000
      1,938 SF

      High-Traffic Dunkin' Location For Sale

      Profitable Dunkin' on high-traffic US-411 near Smoky Mountains.
      4529 S 411, Madisonville, TN 37354
      View Details
    • $249,000
      1,700 SF

      Madisonville Commercial Property For Sale

      Two parcels totaling 0.94 acres with a 1,700 SF building.
      270 Boring St, Madisonville, TN 37354
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    • $324,900
      2,880 SF

      Madisonville Commercial Space - Great Potential

      Downtown Madisonville, versatile space, new roof.
      102 College St, Madisonville, TN 37354
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      9,900 SF

      Madisonville Office Space for Lease

      Prime Madisonville Office, 1,000 SF Available
      520 Cook St, Madisonville, TN 37354
      View Details
    • Contact for pricing

      Commercial Land on Highway 411

      Commercial land for rent in high-traffic Madisonville corridor.
      Highway 411, Madisonville, TN 37354
      View Details
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    651 Niles Fry Rd
    Madisonville, TN 37354-1555
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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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