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    Rigling Rd Loretto, TN 38469

    For Sale
    $32,000

    Affordable Stick-Built Home in Loretto

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This property offers a 1300 square foot minimum stick-built home in Loretto, Tennessee. Priced affordably at $32,000, this represents a significant opportunity for buyers seeking a home in this desirable location. The home itself is a solid stick-built construction, offering a sturdy and reliable foundation. While the exact square footage isn't specified beyond the minimum, the home provides ample living space. The property sits on a lot with zero acres, indicating a compact and potentially low-maintenance footprint. Given the high demand, potential buyers are encouraged to act quickly as available lots are selling rapidly. This is an excellent opportunity for first-time homebuyers, investors seeking a rental property, or anyone looking for a comfortable and conveniently located home in Loretto. The property's location within Loretto offers easy access to local amenities and services. The asking price reflects the current market conditions and presents a compelling value proposition. Serious inquiries are encouraged to schedule a viewing and explore this attractive opportunity. Don't miss out on this chance to own a home in Loretto. The limited lot availability underscores the urgency of this opportunity.

    Property Features for Rigling Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Loretto
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.45316
    Latitude
    35.11336

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    Nearby Similar for Sale

    • $299,000
      1,680 SF

      New Home on 4.5 Acres

      New 3-bedroom, 2-bath home on 4.5 acres near Loretto.
      389 Busby Rd, Loretto, TN 38469
      View Details
    • $339,000
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      Loretto Mixed-Use Commercial Lot

      High-traffic location, excellent visibility. Great investment opportunity.
      309 Military St, Loretto, TN 38469
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Affordable Stick-Built Home in Loretto
    Where is this commercial real estate located?
    The property is located at Rigling Rd Loretto, TN.
    What is the asking price?
    The asking price for this property is $32,000.
    (931) 762-3399
    Request Owner's contact information
    Rigling Rd Loretto, TN 38469
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    Loretto, TN 38469
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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
    Rigling Rd Loretto, TN 38469
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