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    Property profile & analytics

    Br Way Newport, TN 37821

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-2958987
    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

    • Commercial land

    Property Details for Br Way

    Property type
    Commercial land
    APN
    015094 05513
    APU
    1509405513

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.1713
    Latitude
    35.8709
    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
    $0.00
    $24,000
    $0.00
    $24,000
    -
    $60,000
    $0.00
    $60,000

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Hwy 25-70

      VACANT COMMERCIAL LAND • 1.50 Acres
      Hwy 25-70, Newport, TN 37821
      View Details
    • Value Estimation by Request
      0.27 Acres

      Broadway

      VACANT COMMERCIAL LAND • 0.27 Acres
      Broadway, Newport, TN 37821
      View Details
    • Value Estimation by Request
      0.23 Acres

      Doe Rd

      VACANT COMMERCIAL LAND • 0.23 Acres
      Doe Rd, Newport, TN 37821
      View Details
    • Value Estimation by Request
      0.11 Acres

      Hedrick Dr

      VACANT COMMERCIAL LAND • 0.11 Acres
      Hedrick Dr, Newport, TN 37821
      View Details
    • Value Estimation by Request
      0.23 Acres

      Hwy 160

      VACANT COMMERCIAL LAND • 0.23 Acres
      Hwy 160, Newport, TN 37821
      View Details
    • Value Estimation by Request
      0.23 Acres

      Old Asheville Hwy

      VACANT COMMERCIAL LAND • 0.23 Acres
      Old Asheville Hwy, Newport, TN 37821
      View Details

    Similar Nearby for Sale

    • $494,000
      0.04 Acres

      Redevelopment Opportunity on Main Street

      Redevelopment opportunity on a busy corner in Newport, Tennessee.
      237 E Main St, Newport, TN 37821
      View Details
    • $199,000
      1.70 Acres

      Newport Land Ready to Develop

      1.7 acres of cleared, level land ready for development.
      105-109 Creekview Way, Newport, TN 37821
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    • $750,000

      Commercial Lot on Cosby Highway

      Commercial lot with high traffic count and crossover parking.
      1018 Cosby Hwy, Newport, TN 37821
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    • $379,900
      0.53 Acres

      Road Front Commercial Property For Sale

      Commercial property suitable for any business with high traffic count.
      104 Burke St, Newport, TN 37821
      View Details
    • $129,000
      6.68 Acres

      Wooded Acreage Building Site

      6.68 acres of wooded land, ideal for residential building.
      6.6 Acres Video Way, Newport, TN 37821
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    • $199,900
      4.49 Acres

      Land with Creek Frontage

      Unimproved land with creek frontage near Smoky Mountain Country Club.
      1a Golf Course Rd, Newport, TN 37821
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    Similar Nearby for Lease

    • 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
    • $1,800 /Mo
      174,240 SF

      Retail Space in Busy Center

      2,400 sq ft retail space in high-traffic Newport shopping center.
      216 W Broadway St, Newport, TN 37821
      View Details
    • Contact for pricing
      477,205 SF

      540 E Broadway St

      Distribution properties • 477,205 SF
      540 Broadway St, Newport, TN 37821
      View Details
    • $575 /Mo
      436 SF

      Downtown Newport Business Offices For Rent

      Charming, restored office spaces in downtown Newport with utilities included.
      273 E Broadway St, Newport, TN 37821
      View Details
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    Br Way
    Newport, TN 37821
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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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