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    Property profile & analytics

    109 1st NW Ave Winchester, TN 37398-1643

    • Retail space
    • 828 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Nov 17, 2023
    $130,000
    Location Intelligence
    Property ID
    US80-1145192
    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

    • First Avenue Gallery & Custom / Picture Frame Shop / Art Gallery
    • Eakins David F CPA / Accountant

    Property Details for 109 1st NW Ave

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.02 lot acres
    Property size
    828 SF
    Property type
    Retail space
    APN
    026065N S 00501
    APU
    026065NS00501

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $130,000
      6.5%
      $130,000
      7%
      $120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $115,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $145,000
      Retail
      $115,000
      Mixed-Use
      $155,000
      Hospitality
      $145,000
      Educational
      $145,000
      Residential Income
      $135,000
      Energy
      $140,000
      Income-Based Land
      $110,000
      Food Service
      $130,000

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Franklin
    State
    Tennessee
    Longitude
    -86.1126
    Latitude
    35.186
    CBSA code
    46100
    CBSA name
    TULLAHOMA, 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
    2022
    $263
    $2,160
    $8,240
    $10,400
    -
    $5,400
    $20,600
    $26,000

    Comparable in this City

    • Value Estimation by Request
      2,992 SF

      2234 Aedc Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,992 SF
      2234 Aedc Rd, Winchester, TN 37398-4906
      View Details
    • Value Estimation by Request
      320 SF

      226 Grammer Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 320 SF
      226 Grammer Hl Rd, Winchester, TN 37398-9025
      View Details
    • Value Estimation by Request
      4,078 SF

      2006 Lynchburg Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,078 SF
      2006 Lynchburg Rd, Winchester, TN 37398-3404
      View Details
    • Value Estimation by Request
      2,120 SF

      Old Tullahoma Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,120 SF
      Old Tullahoma Rd, Winchester, TN 37398
      View Details
    • Value Estimation by Request
      1,230 SF

      202 1st SE Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,230 SF
      202 1st SE Ave, Winchester, TN 37398-1545
      View Details
    • Value Estimation by Request
      3,857 SF

      916 Dinah Shr Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,857 SF
      916 Dinah Shr Blvd, Winchester, TN 37398-1102
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Winchester Retail Outparcels For Sale

      Retail outparcels anchored by Food City in Winchester, Tennessee.
      2211 Cowan Hwy, Winchester, TN 37398
      View Details
    • $289,900
      384 SF

      Winchester Retail Space - Prime Location

      Established Business, High Visibility, 0.5-Acre Lot
      1136 Dinah Shore Blvd, Winchester, TN 37398
      View Details
    • $275,000
      1,344 SF

      Winchester Dual-Home Investment Opportunity

      Two 2-bedroom homes on one parcel, generating immediate income.
      3Rd Ave NE, Winchester, TN 37398
      View Details
    • $550,000
      4.83 Acres

      Winchester Commercial Land - 4.83 Acres

      High-traffic location, city utilities available.
      Decherd Blvd, Winchester, TN 37398
      View Details
    • $75,000
      0.49 Acres

      Winchester Commercial Lot - C-2 Zoning

      High-traffic commercial lot, build-to-suit.
      3 Bypass Rd, Winchester, TN 37398
      View Details
    • $75,000
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      Winchester Medical Office Land

      Prime medical development site near hospital.
      186 Hospital Rd, Winchester, TN 37398
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    Similar Nearby for Lease

    • $7 SF/Yr
      72,077 SF

      Retail Space in High-Traffic Area

      Move-in ready retail suite with high visibility and ample parking.
      1415 Dinah Shore Blvd, Winchester, TN 37398
      View Details
    • $10 SF/Yr
      208,123 SF

      Winchester Retail Center Opportunity

      Prime Retail Space Available in TN
      2675 Decherd Blvd, Winchester, TN 37398
      View Details
    • Contact for pricing
      20,563 SF

      Dominant Shopping Center For Lease

      208,123 SF shopping center anchored by Walmart Supercenter.
      2607-2659 Decherd Blvd, Winchester, TN 37398
      View Details
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    Winchester, TN 37398-1643
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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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