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    Property profile & analytics

    1509 Memorial Blvd Springfield, TN 37172-3234

    • Retail space
    • 1,820 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 20, 2020
    Location Intelligence
    Property ID
    US80-1680000
    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

    • LendNation / Loan Agency / Bank
    • Cash N-Dash / Loan Agency

    Property Details for 1509 Memorial Blvd

    Year built
    1970
    Lot size
    0.30 lot acres
    Property size
    1,820 SF
    Property type
    Retail space
    APN
    074080O D 05600
    APU
    074080OD05600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Robertson
    State
    Tennessee
    Longitude
    -86.8824
    Latitude
    36.4988
    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
    $69,600
    $32,440
    $102,040
    -
    $174,000
    $81,100
    $255,100

    Comparable in this City

    • Value Estimation by Request
      2,802 SF

      5743 Hwy 161

      RETAIL STORES (PERSONAL SERVICES) • 2,802 SF
      5743 Hwy 161, Springfield, TN 37172-6737
      View Details
    • Value Estimation by Request
      1,746 SF

      4920 Hwy 161

      RETAIL STORES (PERSONAL SERVICES) • 1,746 SF
      4920 Hwy 161, Springfield, TN 37172-6726
      View Details
    • Value Estimation by Request
      1,260 SF

      1511 John L Patterson St

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      1511 John L Patterson St, Springfield, TN 37172-3428
      View Details
    • Value Estimation by Request
      3,280 SF

      710 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,280 SF
      710 Main St, Springfield, TN 37172-2810
      View Details
    • Value Estimation by Request
      2,136 SF

      410 Memorial Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,136 SF
      410 Memorial Blvd, Springfield, TN 37172
      View Details
    • Value Estimation by Request
      1,830 SF

      711 Willow St

      RETAIL STORES (PERSONAL SERVICES) • 1,830 SF
      711 Willow St, Springfield, TN 37172-2818
      View Details

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    1509 Memorial Blvd
    Springfield, TN 37172-3234
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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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