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    Property profile & analytics

    15580 State Rte 111 Spencer, TN 38585-3650

    • Retail space
    • 11,280 SF
    • 2.91 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US80-2041571
    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 15580 State Rte 111

    Year built
    1999
    Construction
    FRAME
    Lot size
    2.91 lot acres
    Property size
    11,280 SF
    Property type
    Retail space
    APN
    088023N A 01801
    APU
    088023NA01801

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.4566
    Latitude
    35.7516

    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
    $5,303
    $56,160
    $164,800
    $220,960
    -
    $140,400
    $412,000
    $552,400

    Comparable in this City

    • Value Estimation by Request
      1,216 SF

      2411 Brockdell Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,216 SF
      2411 Brockdell Rd, Spencer, TN 38585-4687
      View Details
    • Value Estimation by Request
      1,877 SF

      467 College St

      RETAIL STORES (PERSONAL SERVICES) • 1,877 SF
      467 College St, Spencer, TN 38585-3251
      View Details
    • Value Estimation by Request
      2,340 SF

      569 County Line Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,340 SF
      569 County Line Rd, Spencer, TN 38585-4683
      View Details
    • Value Estimation by Request
      2,160 SF

      1871 Highland Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      1871 Highland Dr, Spencer, TN 38585-4697
      View Details
    • Value Estimation by Request
      1,590 SF

      4598 Old State Hwy 111

      RETAIL STORES (PERSONAL SERVICES) • 1,590 SF
      4598 Old State Hwy 111, Spencer, TN 38585-4638
      View Details
    • Value Estimation by Request
      1,092 SF

      90 Sparta St

      RETAIL STORES (PERSONAL SERVICES) • 1,092 SF
      90 Sparta St, Spencer, TN 38585-3037
      View Details

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    15580 State Rte 111
    Spencer, TN 38585-3650
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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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