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    Property profile & analytics

    118 Hobson St Mcminnville, TN 37110-1619

    • Retail space
    • 1,368 SF
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US80-1696689
    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

    • Cotten Warehouses / Storage Facility

    Property Details for 118 Hobson St

    Year built
    1958
    Property size
    1,368 SF
    Property type
    Retail space
    APN
    089059K D 03300
    APU
    089059KD03300

    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
    -85.7774
    Latitude
    35.6955
    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
    $62,560
    $97,280
    $159,840
    -
    $156,400
    $243,200
    $399,600

    Comparable in this City

    • Value Estimation by Request
      4,922 SF

      2430 Faulkner Spgs Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,922 SF
      2430 Faulkner Spgs Rd, Mcminnville, TN 37110-4937
      View Details
    • Value Estimation by Request
      1,280 SF

      2157 Beersheba Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,280 SF
      2157 Beersheba Hwy, Mcminnville, TN 37110-7523
      View Details
    • Value Estimation by Request
      12,626 SF

      409 Beersheba Hwy

      RETAIL STORES (PERSONAL SERVICES) • 12,626 SF
      409 Beersheba Hwy, Mcminnville, TN 37110-2718
      View Details
    • Value Estimation by Request
      7,214 SF

      236 Beersheba Hwy

      RETAIL STORES (PERSONAL SERVICES) • 7,214 SF
      236 Beersheba Hwy, Mcminnville, TN 37110-2604
      View Details
    • Value Estimation by Request
      3,640 SF

      2170 Big Spg Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,640 SF
      2170 Big Spg Rd, Mcminnville, TN 37110-3896
      View Details
    • Value Estimation by Request
      1,334 SF

      513 Chancery St

      RETAIL STORES (PERSONAL SERVICES) • 1,334 SF
      513 Chancery St, Mcminnville, TN 37110-2051
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      $1,120,000
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    118 Hobson St
    Mcminnville, TN 37110-1619
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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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