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    Property profile & analytics

    112 Locust St Lafayette, TN 37083

    • Retail space
    • 1,700 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 08, 2023
    $40,000
    Location Intelligence
    Property ID
    US80-1710024
    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 112 Locust St

    Year built
    1957
    Lot size
    0.05 lot acres
    Property size
    1,700 SF
    Property type
    Retail space
    APN
    056059B H 01100
    APU
    056059BH01100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Macon
    State
    Tennessee
    Longitude
    -86.0248
    Latitude
    36.521
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN 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
    2019
    $635
    $5,000
    $22,560
    $27,560
    -
    $12,500
    $56,400
    $68,900

    Comparable in this City

    • Value Estimation by Request
      844 SF

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      1,620 SF

      102 Public Sq

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
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      3,344 SF

      201 Public Sq

      RETAIL STORES (PERSONAL SERVICES) • 3,344 SF
      201 Public Sq, Lafayette, TN 37083-1237
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    • Value Estimation by Request
      4,140 SF

      108 Scottsville Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,140 SF
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    • Value Estimation by Request
      1,476 SF

      Scottsville Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,476 SF
      Scottsville Rd, Lafayette, TN 37083
      View Details
    • Value Estimation by Request
      600 SF

      1000 Red Boiling Spgs Rd

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      1000 Red Boiling Spgs Rd, Lafayette, TN 37083-1324
      View Details

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    112 Locust St
    Lafayette, TN 37083
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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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