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    Property profile & analytics

    1609 Locust Ave Lawrenceburg, TN 38464-2213

    • Grocery and convenience stores
    • 4,636 SF
    • 2.14 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Location Intelligence
    Property ID
    US80-2516863
    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

    • Speedy Café / Restaurant / Convenience Store
    • Speedway / Convenience Store / Gas Station
    • LibertyX Bitcoin ATM / Atm
    • Raceway Fuel / Gas Station

    Property Details for 1609 Locust Ave

    Year built
    2016
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.14 lot acres
    Property size
    4,636 SF
    Property type
    Grocery and convenience stores
    APN
    050078C C 00901
    APU
    050078CC00901

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceburg
    County
    Lawrence
    State
    Tennessee
    Longitude
    -87.3246
    Latitude
    35.262
    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
    $14,764
    $142,440
    $332,560
    $475,000
    -
    $356,100
    $831,400
    $1,187,500

    Comparable in this City

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    • Value Estimation
      $345,000
      3,074 SF

      2100 Locust Ave

      GROCERY, SUPERMARKET • 3,074 SF
      2100 Locust Ave, Lawrenceburg, TN 38464-4401
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    • Value Estimation by Request
      3,120 SF

      2826 Buffalo Rd

      GROCERY, SUPERMARKET • 3,120 SF
      2826 Buffalo Rd, Lawrenceburg, TN 38464-6185
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      4,546 SF

      518 Tpke Rd

      GROCERY, SUPERMARKET • 4,546 SF
      518 Tpke Rd, Lawrenceburg, TN 38464-6945
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    • Value Estimation
      $2,400,000
      6,625 SF

      1198 Locust Ave

      GROCERY, SUPERMARKET • 6,625 SF
      1198 Locust Ave, Lawrenceburg, TN 38464-2744
      View Details
    • Value Estimation
      $420,000
      2,760 SF

      710 Gaines St

      GROCERY, SUPERMARKET • 2,760 SF
      710 Gaines St, Lawrenceburg, TN 38464-3812
      View Details

    Similar Nearby for Sale

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      Prime Lawrenceburg Land Investment

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    Similar Nearby for Lease

    • $14 SF/Yr
      2,000 SF

      New Retail Space Available

      New construction retail suites available with high visibility and access.
      1951 N Locust Ave, Lawrenceburg, TN 38464
      View Details
    • Contact for pricing
      2,830 SF

      Retail Space in Lawrenceburg, TN

      Retail space available in a busy shopping center.
      2008 N Locust Ave, Lawrenceburg, TN 38464
      View Details
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      24,000 SF

      B&K Medical Plaza: Prime Office Space

      Lawrenceburg, TN medical office suites available
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    Property Visit Statistics

    • Visits by month
      24.8k
    • Visitors by month
      10.4k
    • Avg Time on site
      9 min
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    1609 Locust Ave
    Lawrenceburg, TN 38464-2213
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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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