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    Property profile & analytics

    Garrett Rd Shelbyville, TN 37160

    • Mixed-use properties
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for Garrett Rd

    Lot size
    1.04 lot acres
    Property type
    Mixed-use properties

    Description

    This exceptional 1.04-acre mixed-use lot presents a compelling investment opportunity in Shelbyville, Tennessee. Located conveniently off Wartrace Pike, this property benefits from its position in a rapidly expanding area, making it highly attractive for various commercial ventures. The expansive lot offers significant potential for the construction of a mini-storage facility, a retail shop, or other suitable commercial developments. Prospective buyers should note the presence of power lines traversing the property

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford County, TN
    State
    Tennessee
    Longitude
    -86.4346
    Latitude
    35.479

    Comparable in this City

    • Value Estimation by Request
      1 SF

      2723 Us 231

      Mixed-use properties • 1 SF
      2723 Us 231, Shelbyville, TN 37160
      View Details
    • Value Estimation by Request
      3,560 SF

      716 Main St

      Mixed-use properties • 3,560 SF
      716 Main St, Shelbyville, TN 37160
      View Details
    • Value Estimation by Request

      2543 Us Hwy 41A

      Farms
      2543 Us Hwy 41A, Lynchburg, TN 37160
      View Details
    • Value Estimation by Request
      0.54 Acres

      716 Main St

      Mixed-use properties • 0.54 Acres
      716 Main St, Shelbyville, TN 37160
      View Details
    • Value Estimation by Request
      1.00 Acre

      1107 Main St

      Land • 43,560 SF
      1107 Main St, Shelbyville, TN 37160
      View Details
    • Value Estimation by Request
      1.50 Acres

      US-231 Bus

      Land • 1.50 Acres
      US-231 Bus, Shelbyville, TN 37160
      View Details

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    Similar Nearby for Lease

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      Retail space for lease, anchored by Walmart Supercenter.
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    Garrett Rd
    Shelbyville, TN 37160
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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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