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    Property profile & analytics

    7118 Hwy 411 Benton, TN 37307-4838

    • Retail space
    • 2,240 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 06, 2023
    $49,000
    Location Intelligence
    Property ID
    US80-3218782
    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 7118 Hwy 411

    Year built
    1952
    Lot size
    0.61 lot acres
    Property size
    2,240 SF
    Property type
    Retail space
    APN
    070036 00501
    APU
    7003600501

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Polk
    State
    Tennessee
    Longitude
    -84.6254
    Latitude
    35.1955
    CBSA code
    17420
    CBSA name
    CLEVELAND, 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
    2023
    $684
    $5,480
    $41,720
    $47,200
    -
    $13,700
    $104,300
    $118,000

    Comparable in this City

    • Value Estimation by Request
      3,090 SF

      2339 Parksville Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,090 SF
      2339 Parksville Rd, Benton, TN 37307-3815
      View Details
    • Value Estimation by Request
      1,728 SF

      6220 Hwy 411

      RETAIL STORES (PERSONAL SERVICES) • 1,728 SF
      6220 Hwy 411, Benton, TN 37307-3622
      View Details
    • Value Estimation by Request
      1,782 SF

      123 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,782 SF
      123 Main St, Benton, TN 37307
      View Details
    • Value Estimation
      $80,000
      1,380 SF

      6300 Hwy 411

      RETAIL STORES (PERSONAL SERVICES) • 1,380 SF
      6300 Hwy 411, Benton, TN 37307-3102
      View Details
    • Value Estimation
      $390,000
      5,246 SF

      188 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,246 SF
      188 Main St, Benton, TN 37307-3842
      View Details
    • Value Estimation by Request
      7,200 SF

      2627 Hwy 411

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      2627 Hwy 411, Benton, TN 37307
      View Details

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    7118 Hwy 411
    Benton, TN 37307-4838
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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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