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    Property profile & analytics

    Hwy 309-535 Niota, TN 37826

    • Retail space
    • 6,240 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Last Sale
    Dec 27, 2024
    $280,000
    Location Intelligence
    Property ID
    US80-1640475
    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 Hwy 309-535

    Year built
    1975
    Lot size
    1.17 lot acres
    Property size
    6,240 SF
    Property type
    Retail space
    APN
    054026 03901
    APU
    5402603901

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $290,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $340,000
      Mixed-Use
      $280,000
      Hospitality
      $285,000
      Educational
      $335,000
      Residential Income
      $260,000
      Energy
      $355,000
      Income-Based Land
      $345,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Niota
    County
    Mcminn
    State
    Tennessee
    Longitude
    -84.5629
    Latitude
    35.5436
    CBSA code
    11940
    CBSA name
    ATHENS, 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
    $820
    $28,680
    $47,080
    $75,760
    -
    $71,700
    $117,700
    $189,400

    Comparable in this City

    • Value Estimation
      $475,000
      9,212 SF

      706 Willson St

      RETAIL STORES (PERSONAL SERVICES) • 9,212 SF
      706 Willson St, Niota, TN 37826-3308
      View Details
    • Value Estimation by Request
      4,670 SF

      Hwy 309-520

      RETAIL STORES (PERSONAL SERVICES) • 4,670 SF
      Hwy 309-520, Niota, TN 37826
      View Details
    • Value Estimation by Request
      1,728 SF

      Hwy 11n-2112

      RETAIL STORES (PERSONAL SERVICES) • 1,728 SF
      Hwy 11n-2112, Niota, TN 37826
      View Details
    • Value Estimation by Request
      3,857 SF

      200 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,857 SF
      200 Main St, Niota, TN 37826-3369
      View Details
    • Value Estimation by Request
      888 SF

      102 Lee St

      RETAIL STORES (PERSONAL SERVICES) • 888 SF
      102 Lee St, Niota, TN 37826-5000
      View Details
    • Value Estimation by Request
      3,520 SF

      831 Willson St

      RETAIL STORES (PERSONAL SERVICES) • 3,520 SF
      831 Willson St, Niota, TN 37826-3317
      View Details

    Similar Nearby for Sale

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      Unrestricted Recreational Land For Sale

      6.67 acres of unrestricted land, ideal for outdoor recreation.
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    • Contact for pricing
      0.86 Acres

      Residential Lot in Dogwood Ridge

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    Hwy 309-535
    Niota, TN 37826
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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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