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    Property profile & analytics

    114 Main St Springfield, TN 37172-2113

    • Warehouses
    • 19,298 SF
    • 3.59 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US80-1577087
    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

    • Christmas Done Bright / Christmas Store / Health And Beauty

    Property Details for 114 Main St

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.59 lot acres
    Property size
    19,298 SF
    Property type
    Warehouses
    APN
    074080B D 00800
    APU
    074080BD00800

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $240,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $215,000
      Mixed-Use
      $240,000
      Hospitality
      $240,000
      Educational
      $295,000
      Residential Income
      $225,000
      Energy
      $270,000
      Income-Based Land
      $265,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Robertson
    State
    Tennessee
    Longitude
    -86.8832
    Latitude
    36.5166
    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
    0
    $0.00
    $110,000
    $300,040
    $410,040
    -
    $275,000
    $750,100
    $1,025,100

    Comparable in this City

    • Value Estimation by Request
      2,016 SF

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      WAREHOUSE, STORAGE • 2,016 SF
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    • Value Estimation by Request
      10,000 SF

      109 7th E Ave

      WAREHOUSE, STORAGE • 10,000 SF
      109 7th E Ave, Springfield, TN 37172-2801
      View Details
    • Value Estimation by Request
      3,692 SF

      214 Charles Ralph Dr

      WAREHOUSE, STORAGE • 3,692 SF
      214 Charles Ralph Dr, Springfield, TN 37172-5879
      View Details
    • Value Estimation by Request
      3,136 SF

      730 Cheatham St

      WAREHOUSE, STORAGE • 3,136 SF
      730 Cheatham St, Springfield, TN 37172-2841
      View Details
    • Value Estimation by Request
      2,220 SF

      1101 Hl St

      WAREHOUSE, STORAGE • 2,220 SF
      1101 Hl St, Springfield, TN 37172
      View Details
    • Value Estimation by Request
      5,600 SF

      102 Mooreland Dr

      WAREHOUSE, STORAGE • 5,600 SF
      102 Mooreland Dr, Springfield, TN 37172-3944
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Former Dealership with Outparcel Opportunity

      Former dealership available for lease with outparcel opportunity.
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      Retail Opportunity Available Summer 2026

      Former dealership or outparcel opportunity for lease in Springfield.
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      Retail Space Near Walmart

      Retail space fronting Tom Austin Highway, near Walmart.
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      Restaurant or Build-to-Suit Opportunity

      Lease remodeled restaurant or build-to-suit on 1.55 acres.
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      View Details
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    114 Main St
    Springfield, TN 37172-2113
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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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