Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    N Monroe Ave Brownsville, TN 38012

    Sponsored
    For Sale
    Contact for pricing

    LAND - Brownsville, TN

    Days on Market:
    73
    Last Refresh:
    Jan 25 at 11:06 am

    Property Features for N Monroe Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    023.00

    We can help!

    Listing Contact
    Margaret Adams

    Harris Realty Services (901) 372-8003

    Listing agent Margaret Adams (731) 217-8854 License #373453

    Listing date Nov 14, 2025

    MLS# 2505426

    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.

    Learn more

    Property Insight Report

    Overview

    Land Available in Brownsville, TN

    Located in Brownsville, Tennessee, this land property is available for sale. The property is situated in Haywood County and has a postal code of 38012.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Brownsville
    County
    Haywood
    State
    Tennessee
    Longitude
    -89.267027
    Latitude
    35.593915

    Nearby Similar for Sale

    • New
      $10,450,000
      270,354 SF

      Industrial Storage and Distribution Complex

      Large industrial complex on 22 acres in Haywood County, TN.
      6263 Tn-54, Brownsville, TN 38012
      View Details
    • $750,000
      6,468 SF

      Brownsville Multifamily Investment Opportunity

      Six-unit multifamily property in Brownsville, TN with immediate cash flow.
      213 N Washington Ave, Brownsville, TN 38012
      View Details
    • $484,000
      4,291 SF

      Medical/Dental Building in Brownsville, TN

      Well-maintained commercial building with operative rooms, ready for new business.
      1203 E College St, Brownsville, TN 38012
      View Details
    • $1,000,000
      7,916 SF

      Commercial Property in Brownsville, TN

      Investment opportunity with five commercial rental units in high-visibility location.
      317 W Main St, Brownsville, TN 38012
      View Details
    • $129,900
      6,138 SF

      Revitalized Commercial Building in Brownsville

      Commercial building with business space and living area in Brownsville.
      18 Jefferson St, Brownsville, TN 38012
      View Details
    • $749,000
      96.50 Acres

      Productive Row-Crop Farm in Tennessee

      96.5-acre farm with irrigation near Hwy 54, Brownsville, TN.
      N Of, Brownsville, TN 38012
      View Details
    • $1,500,000
      14,196 SF

      Brownsville Retail Investment Opportunity

      Commercial property with 12 units, anchored by Domino's Pizza.
      251 W Main St, Brownsville, TN 38012
      View Details
    • $170,000
      1,716 SF

      Retail Property in Brownsville, TN

      Retail property for sale in Brownsville, Tennessee with 1716 square feet.
      1150 N Mclemore Ave, Brownsville, TN 38012
      View Details
    • $275,000

      Brownsville Office with Subdivision Potential

      5,861 sq ft office property with four units.
      1125 E College St, Brownsville, TN 38012
      View Details
    • $160,000
      Pending

      Commercial Property with Established Business

      Prime commercial property featuring two buildings and a vacant lot.
      1018 N Washington Ave, Brownsville, TN 38012
      View Details
    • $79,900
      6,138 SF

      Commercial Building Near Court Square

      Over 6,000 SF commercial building in revitalized area.
      22 Jefferson St, Brownsville, TN 38012
      View Details
    • $495,000
      2,624 SF

      Turnkey Restaurant Business Opportunity

      Restaurant and land for sale in Brownsville, Tennessee.
      471 N Dupree Ave, Brownsville, TN 38012
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale in Brownsville, Tennessee.
    Where is this land located?
    The property is located at N Monroe Ave Brownsville, TN.
    What is the asking price?
    The asking price for this property is $12,000.
    What are key features of this property?
    This property features: - Location: -89.26703, 35.593914
    (731) 217-8854
    Request Owner's contact information
    N Monroe Ave Brownsville, TN 38012
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    N Monroe Ave
    Brownsville, TN 38012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    N Monroe Ave Brownsville, TN 38012
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Margaret Adams
    Real Estate License ID: 373453
    (731) 217-8854
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.