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    1581 Highway 431 Martin, TN 38237

    For Sale
    $115,000

    Church - MARTIN, TN

    Lot size:
    0.69 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 1581 Highway 431

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    017.00
    Lot size
    0.69 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1900
    Flooring type
    Carpet
    Building materials
    Block
    Architectural style
    Other

    HAMLIN REAL ESTATE (731) 456-2508

    Listing agent JESSE BRACEWELL (731) 456-2508 License #380474

    Listing date Nov 5, 2025

    MLS# 45841 Listing URL

    Copyright © 2025 Reelfoot Regional 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

    Former Church with Development Potential

    This 4,772 sq ft property, formerly a church, presents a unique opportunity. Situated outside city limits, it offers potential for single-family, multi-family, or commercial use. Recent updates include a new roof and HVAC system in the rear portion of the building. The property sits on a 0.69-acre lot. With its solid structure and versatile layout, the space is ready to be reimagined.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Auto Repair Shop Auto Parts Store Storage Facility Discount Store Electrical Service Electronics Store Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Martin
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.808444
    Latitude
    36.326592

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    FAQs

    What type of property is this?
    Church & religious facility - 4,772 sq ft former church with versatile redevelopment opportunities.
    Where is this church & religious facility located?
    The property is located at 1581 Highway 431 Martin, TN.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Large 4,772 sq ft property offers single-family, multi-family, or commercial potential.; - Located outside city limits.; - New roof and HVAC in the rear portion.
    (731) 456-2508
    Request Owner's contact information
    1581 Highway 431 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
    1581 Highway 431 Martin, TN 38237
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