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    Commerce St Waverly, TN 37185

    • Commercial real estate
    • 2,646 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Commerce St

    Year built
    1966
    Lot size
    0.90 lot acres
    Property size
    2,646 SF
    Property type
    Commercial real estate

    Description

    This exceptional 0.9-acre property at 0 E Commerce Street, Waverly, TN, presents a unique investment opportunity. The land comprises two parcels: a 0.58-acre lot and a 0.32-acre lot, totaling 0.9 acres. A 42x63 blue barn is situated on one of the lots at 205 East Commerce Street. The property has been successfully operated as a commercial storage building sales lot for over 25 years, generating sales from surrounding counties. Note that the existing storage buildings are not included in the sale

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waverly
    County
    Humphreys County, TN
    State
    Tennessee
    Longitude
    -87.7912
    Latitude
    36.0863

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    Commerce St
    Waverly, TN 37185
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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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