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    15617 Tn-111 Spencer, TN 38585

    • Mixed-use properties
    • 1,728 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 15617 Tn-111

    Year built
    2019
    Lot size
    1.06 lot acres
    Property size
    1,728 SF
    Property type
    Mixed-use properties

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.4576
    Latitude
    35.7521

    Comparable in this City

    • Value Estimation by Request

      984 Grn Sea Rd

      COMMERCIAL (GENERAL)
      984 Grn Sea Rd, Spencer, TN 38585-4603
      View Details
    • Value Estimation by Request
      4.36 Acres

      35 Marks Ln

      COMMERCIAL (GENERAL) • 4.36 Acres
      35 Marks Ln, Spencer, TN 38585-3519
      View Details
    • Value Estimation by Request

      6049 Old State Hwy 111

      VACANT COMMERCIAL LAND
      6049 Old State Hwy 111, Spencer, TN 38585-4433
      View Details
    • Value Estimation by Request
      0.10 Acres

      1911 Pne Grv Rd

      VACANT COMMERCIAL LAND • 0.10 Acres
      1911 Pne Grv Rd, Spencer, TN 38585-4812
      View Details
    • Value Estimation by Request
      1,156 SF

      Hwy 111

      COMMERCIAL (GENERAL) • 1,156 SF
      Hwy 111, Spencer, TN 38585
      View Details
    • Value Estimation by Request
      1,200 SF

      2509 Highland Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      2509 Highland Dr, Spencer, TN 38585-4724
      View Details

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    Spencer, TN 38585
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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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