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    Property profile & analytics

    905 Cosby Hwy Newport, TN 37821-3351

    • Grocery and convenience stores
    • 2,488 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US80-1264842
    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

    • ATM (Zoomerz) / Atm
    • Exxon / Gas Station
    • CoinFlip Bitcoin ATM / Atm / Bank
    • ATM / Atm

    Property Details for 905 Cosby Hwy

    Year built
    1985
    Construction
    FRAME
    Lot size
    0.85 lot acres
    Property size
    2,488 SF
    Property type
    Grocery and convenience stores
    APN
    015056I E 00500
    APU
    015056IE00500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $325,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $350,000
      Mixed-Use
      $345,000
      Hospitality
      $305,000
      Educational
      $370,000
      Residential Income
      $315,000
      Energy
      $345,000
      Income-Based Land
      $320,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.2026
    Latitude
    35.9499
    CBSA code
    35460
    CBSA name
    NEWPORT, TN MICROPOLITAN 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
    $9,445
    $93,520
    $96,440
    $189,960
    -
    $233,800
    $241,100
    $474,900

    Comparable in this City

    • Value Estimation by Request
      9,026 SF

      2318 Tn-160

      Individual retail properties • 9,026 SF
      2318 Tn-160, Newport, TN 37821
      View Details
    • Value Estimation
      $315,000
      2,220 SF

      366 Broadway

      GROCERY, SUPERMARKET • 2,220 SF
      366 Broadway, Newport, TN 37821-2895
      View Details
    • Value Estimation
      $425,000
      2,328 SF

      839 Cosby Hwy

      GROCERY, SUPERMARKET • 2,328 SF
      839 Cosby Hwy, Newport, TN 37821-3347
      View Details
    • Value Estimation
      $340,000
      2,476 SF

      405 Cosby Hwy

      GROCERY, SUPERMARKET • 2,476 SF
      405 Cosby Hwy, Newport, TN 37821-3411
      View Details
    • Value Estimation by Request
      1,272 SF

      224 Broadway

      GROCERY, SUPERMARKET • 1,272 SF
      224 Broadway, Newport, TN 37821-3104
      View Details
    • Value Estimation
      $420,000
      3,618 SF

      190 Broadway

      GROCERY, SUPERMARKET • 3,618 SF
      190 Broadway, Newport, TN 37821-2337
      View Details

    Similar Nearby for Sale

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      NNN leased retail property with 8 years of term.
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    Similar Nearby for Lease

    • $1,800 /Mo
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      Retail Space in Busy Center

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    • $575 /Mo
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      Charming, restored office spaces in downtown Newport with utilities included.
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    • Contact for pricing
      477,205 SF

      540 E Broadway St

      Distribution properties • 477,205 SF
      540 Broadway St, Newport, TN 37821
      View Details
    • Contact for pricing
      18,066 SF

      Food Grade Manufacturing Facility

      Manufacturing facility with rail access, convenient interstate access.
      540 E Broadway, Newport, TN 37821
      View Details
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    905 Cosby Hwy
    Newport, TN 37821-3351
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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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