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    Property profile & analytics

    1124 Sparta St Mc Minnville, TN 37110-1734

    • Turn key restaurants
    • 4,778 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-0239563
    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

    • Chabelitas Mexican Restaurant / Mexican Restaurant

    Property Details for 1124 Sparta St

    Year built
    1946
    Lot size
    0.17 lot acres
    Property size
    4,778 SF
    Property type
    Turn key restaurants
    APN
    089058P F 01000
    APU
    089058PF01000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mc Minnville
    County
    Warren
    State
    Tennessee
    Longitude
    -85.7565
    Latitude
    35.6897
    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
    $14,600
    $79,680
    $94,280
    -
    $36,500
    $199,200
    $235,700

    Comparable in this City

    • Value Estimation by Request
      8,535 SF

      1100 Smithville Hwy

      RESTAURANT • 8,535 SF
      1100 Smithville Hwy, Mc Minnville, TN 37110-1662
      View Details
    • Value Estimation by Request
      4,238 SF

      505 Chancery St

      RESTAURANT • 4,238 SF
      505 Chancery St, Mc Minnville, TN 37110-2051
      View Details
    • Value Estimation
      $375,000
      6,345 SF

      305 Mullican St

      RESTAURANT • 6,345 SF
      305 Mullican St, Mcminnville, TN 37110-1133
      View Details
    • Value Estimation by Request
      11,142 SF

      3340 Sparta Hwy

      RESTAURANT • 11,142 SF
      3340 Sparta Hwy, Mc Minnville, TN 37110-4806
      View Details
    • Value Estimation by Request
      7,550 SF

      65 Robinson Rd

      RESTAURANT • 7,550 SF
      65 Robinson Rd, Mcminnville, TN 37110-8301
      View Details
    • Value Estimation
      $1,960,000
      4,023 SF

      1311 Smithville Hwy

      RESTAURANT • 4,023 SF
      1311 Smithville Hwy, Mcminnville, TN 37110-1422
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • $44,998
      0.37 Acres

      McMinnville Land for Custom Home

      0.37-acre lot ready for your dream home in McMinnville.
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      Land on Shellsford Rd

      Land with timber and pasture, ideal for retreat or development.
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    • $109,900

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      View Details
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    1124 Sparta St
    Mc Minnville, TN 37110-1734
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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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