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    Property profile & analytics

    1116 Sparta St, Unit 1112 Mcminnville, TN 37110-1724

    • Retail space
    • 1,020 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1935165
    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

    • Retail space

    Property Details for 1116 Sparta St

    Year built
    1930
    Lot size
    0.49 lot acres
    Property size
    1,020 SF
    Property type
    Retail space
    APN
    089058P F 01100
    APU
    089058PF01100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mcminnville
    County
    Warren
    State
    Tennessee
    Longitude
    -85.7568
    Latitude
    35.6894
    CBSA code
    32660
    CBSA name
    MCMINNVILLE, 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
    0
    $0.00
    $28,760
    $43,520
    $72,280
    -
    $71,900
    $108,800
    $180,700

    Comparable in this City

    • Value Estimation by Request
      3,416 SF

      202 Red Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,416 SF
      202 Red Rd, Mcminnville, TN 37110-1710
      View Details
    • Value Estimation by Request
      5,280 SF

      2420 Smithville Hwy

      RETAIL STORES (PERSONAL SERVICES) • 5,280 SF
      2420 Smithville Hwy, Mcminnville, TN 37110-6567
      View Details
    • Value Estimation by Request
      3,976 SF

      3856 Sparta Hwy

      RETAIL STORES (PERSONAL SERVICES) • 3,976 SF
      3856 Sparta Hwy, Mcminnville, TN 37110-4877
      View Details
    • Value Estimation by Request
      5,558 SF

      100 Sparta St

      RETAIL STORES (PERSONAL SERVICES) • 5,558 SF
      100 Sparta St, Mcminnville, TN 37110-2656
      View Details
    • Value Estimation by Request
      532 SF

      711 Chancery St

      RETAIL STORES (PERSONAL SERVICES) • 532 SF
      711 Chancery St, Mc Minnville, TN 37110-3267
      View Details
    • Value Estimation by Request
      756 SF

      710 Sparta St

      RETAIL STORES (PERSONAL SERVICES) • 756 SF
      710 Sparta St, Mc Minnville, TN 37110-2630
      View Details

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    • Contact for pricing
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    Mcminnville, TN 37110-1724
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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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