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    Property profile & analytics

    1190 Ellington Pkwy Lewisburg, TN 37091

    • Banks
    • 13,258 SF
    • 3.70 lot acres
    For Sale
    View listing
    $5,874,000
    Value Estimation
    Location Intelligence
    Property ID
    US80-2028487
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flat Rock Farms / Event Venue
    • First National Bank / Bank / Atm
    • ATM / Atm

    Property Details for 1190 Ellington Pkwy

    Year built
    2007
    Lot size
    3.70 lot acres
    Property size
    13,258 SF
    Property type
    Banks
    APN
    059057O A 04600
    APU
    059057OA04600

    Description

    This exceptional 124.51-acre property in Lewisburg, Tennessee presents a unique investment opportunity. Situated atop a hill in Marshall County, it boasts breathtaking views and comprises two distinct residences and a substantial event center. The main home offers an open-concept layout, encompassing four spacious bedrooms, three and a half luxurious bathrooms, and three elegant fireplaces. Its expansive design is perfect for both comfortable living and grand entertaining. Outdoor amenities include a large swimming pool and ample space for gatherings, all overlooking the stunning landscape. A second, charming log cabin provides additional living space, featuring two bedrooms, two bathrooms, and a welcoming fireplace, complemented by a peaceful front porch. The property's centerpiece is an 8,900 square foot event center, fully equipped for hosting a variety of functions. This impressive facility includes a full bar, multiple rooms, public restrooms, and a professional kitchen, ensuring seamless execution of weddings, corporate retreats, and other large-scale events. City water and sewer services are connected to the property, adding to its convenience and functionality. This turnkey operation offers a rare blend of residential comfort and lucrative commercial potential, making it an ideal investment for discerning buyers seeking a unique and profitable venture in a picturesque setting.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Marshall
    State
    Tennessee
    Longitude
    -86.7876
    Latitude
    35.4663
    CBSA code
    30280
    CBSA name
    LEWISBURG, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $50,939
    $426,280
    $934,080
    $1,360,360
    -
    $1,065,700
    $2,335,200
    $3,400,900

    Comparable in this City

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    • Value Estimation by Request
      1,567 SF

      814 Commerce St

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      Church E St

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    • Value Estimation by Request
      14,594 SF

      500 Ellington Pkwy

      FINANCIAL BUILDING • 14,594 SF
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    • Value Estimation
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      10,573 SF

      260 Ellington Pkwy

      FINANCIAL BUILDING • 10,573 SF
      260 Ellington Pkwy, Lewisburg, TN 37091-2835
      View Details
    • Value Estimation
      $155,000
      1,492 SF

      121 2nd S Ave

      FINANCIAL BUILDING • 1,492 SF
      121 2nd S Ave, Lewisburg, TN 37091
      View Details

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    Lewisburg, TN 37091
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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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