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    Property profile & analytics

    7740 Rutledge Pike Rutledge, TN 37861-3027

    • Retail properties
    • 11,062 SF
    • 257.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,175,000
    Last Sale
    Sep 03, 2024
    $1,150,000
    Location Intelligence
    Property ID
    US80-2028287
    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

    • Backwoods Barbeque / Barbecue Restaurant
    • TOBACCO PLUS / Tobacco Shop

    Property Details for 7740 Rutledge Pike

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    257.00 lot acres
    Property size
    11,062 SF
    Property type
    Retail properties
    APN
    029049P C 00802
    APU
    029049PC00802

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,275,000
      6.5%
      $1,340,000
      7%
      $1,155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,260,000
      Geo Method
      $1,205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,300,000
      Retail
      $1,460,000
      Mixed-Use
      $1,110,000
      Hospitality
      $1,135,000
      Educational
      $1,120,000
      Residential Income
      $1,300,000
      Energy
      $1,300,000
      Income-Based Land
      $1,145,000
      Food Service
      $1,285,000

    Location Insight

    • Map
    • Local Demand
    City
    Rutledge
    County
    Grainger
    State
    Tennessee
    Longitude
    -83.5257
    Latitude
    36.2783
    CBSA code
    34100
    CBSA name
    MORRISTOWN, 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
    $5,164
    $17,160
    $202,600
    $219,760
    -
    $42,900
    $506,500
    $549,400

    Comparable in this City

    • Value Estimation by Request
      217.79 Acres

      3229 Highway 11W

      Land • 6,230 SF
      3229 Highway 11W, Rutledge, TN 37861
      View Details
    • Value Estimation by Request
      5,264 SF

      7960 Hwy 11w

      DEPARTMENT STORE • 5,264 SF
      7960 Hwy 11w, Rutledge, TN 37861
      View Details
    • Value Estimation by Request
      1,890 SF

      9399 Lakeshore Dr

      AUTO REPAIR, GARAGE • 1,890 SF
      9399 Lakeshore Dr, Rutledge, TN 37861-5965
      View Details
    • Value Estimation by Request
      1,830 SF

      8025 Rutledge Pike

      RETAIL STORES (PERSONAL SERVICES) • 1,830 SF
      8025 Rutledge Pike, Rutledge, TN 37861
      View Details
    • Value Estimation by Request
      221 SF

      116 Ct St

      RETAIL STORES (PERSONAL SERVICES) • 221 SF
      116 Ct St, Rutledge, TN 37861-4481
      View Details
    • Value Estimation
      $390,000
      864 SF

      379 May Spgs Rd

      RETAIL STORES (PERSONAL SERVICES) • 864 SF
      379 May Spgs Rd, Rutledge, TN 37861-4900
      View Details

    Similar Nearby for Sale

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      Cherokee Lake View Land

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      114.39 acre working cattle farm with development potential.
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    • Contact for pricing
      1.00 Acre

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      One-acre lot with lake access in gated community.
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      1.05-acre residential lot near Cherokee Lake in Rutledge, TN.
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    7740 Rutledge Pike
    Rutledge, TN 37861-3027
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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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