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    115 Neal St Martin, TN 38237

    Sponsored
    For Sale
    $1,300,000

    COMMERCIAL - Martin, TN

    Type:Retail
    Property size:
    12,940 SF
    Days on Market:
    106
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 115 Neal St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    APN
    021.01
    Size
    12,940 SF

    Utilities

    Cooling system
    Electric

    Building Details

    Year built
    1946
    Floors in Building
    1
    Building materials
    Brick

    Wendell Alexander Realty (731) 364-5368

    Listing agent Alexander Jennings Bynum (731) 364-5368 License #320284

    Listing date Sep 22, 2025

    MLS# 240917 Listing URL

    Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Downtown Martin

    This commercial property, located in downtown Martin, Tennessee, features 12,940 square feet of space. The property includes six established businesses and a versatile event space. The infrastructure is well-maintained. The property has been completely remodeled and offers growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tennessee Quality Care ... Hospice Live Oak Office Office Supply Store Tennessee Quality Care Home Health Care Service Martin Courtyard | Venue Event Venue

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martin
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.851082
    Latitude
    36.344772

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    FAQs

    What type of property is this?
    Retail property - Prime commercial property with established businesses and growth potential.
    Where is this retail property located?
    The property is located at 115 Neal St Martin, TN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime downtown location.; - Completely remodeled.; - Six established businesses already in place.
    (731) 364-5368
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    115 Neal St Martin, TN 38237
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    Martin, TN 38237
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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
    115 Neal St Martin, TN 38237
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