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    Property profile & analytics

    1429 Tpke Rd Summertown, TN 38483-7243

    • Retail space
    • 1,440 SF
    • 1.97 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Last Sale
    Oct 13, 2023
    $159,000
    Location Intelligence
    Property ID
    US80-2834777
    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 1429 Tpke Rd

    Year built
    1985
    Construction
    FRAME
    Lot size
    1.97 lot acres
    Property size
    1,440 SF
    Property type
    Retail space
    APN
    050008 01840
    APU
    5000801840

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Summertown
    County
    Lawrence
    State
    Tennessee
    Longitude
    -87.3266
    Latitude
    35.43
    CBSA code
    29980
    CBSA name
    LAWRENCEBURG, 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
    2023
    $129
    $3,960
    $26,960
    $30,920
    -
    $9,900
    $67,400
    $77,300

    Comparable in this City

    • Value Estimation
      $155,000
      7,168 SF

      220 Monument Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,168 SF
      220 Monument Rd, Summertown, TN 38483-7721
      View Details
    • Value Estimation
      $75,000
      996 SF

      Hwy 20

      RETAIL STORES (PERSONAL SERVICES) • 996 SF
      Hwy 20, Summertown, TN 38483
      View Details
    • Value Estimation
      $475,000
      6,598 SF

      Hwy 43

      RETAIL STORES (PERSONAL SERVICES) • 6,598 SF
      Hwy 43, Summertown, TN 38483
      View Details
    • Value Estimation by Request
      960 SF

      240 Monument Rd

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      240 Monument Rd, Summertown, TN 38483
      View Details
    • Value Estimation
      $315,000
      4,101 SF

      4927 Hwy 43rd N

      RETAIL STORES (PERSONAL SERVICES) • 4,101 SF
      4927 Hwy 43rd N, Summertown, TN 38483-7052
      View Details
    • Value Estimation
      $135,000
      2,542 SF

      4909 Hwy 43rd N

      RETAIL STORES (PERSONAL SERVICES) • 2,542 SF
      4909 Hwy 43rd N, Summertown, TN 38483-7052
      View Details
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    1429 Tpke Rd
    Summertown, TN 38483-7243
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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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