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    Property profile & analytics

    172 Luncford Rd Leoma, TN 38468

    • Commercial real estate
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1686980
    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

    • Commercial real estate

    Property Details for 172 Luncford Rd

    Lot size
    20.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 20-acre property in Lawrence County, Tennessee, presents a unique opportunity for both commercial and recreational ventures. Located just three minutes from Loretto city limits at 172 Luncford Rd, Leoma, TN 38468, this land boasts a picturesque setting with a stunning front porch view. The property includes multiple fruit trees, pecan and walnut trees, a stocked pond, and approximately 230 feet of frontage on Bluewater Creek. Multiple building sites are available, with convenient access from three different roads surrounding the property. Mature timber and abundant wildlife, including whitetail deer and turkey, add to the appeal. The majority of the land is fenced, making it ideal for a mini-farm or livestock. Low taxes and no restrictions further enhance the investment potential. The property's size, diverse features, and convenient location near Loretto combine to create a highly desirable offering. With 1,355 square feet of existing structures, this property offers a multitude of possibilities for development and enjoyment. The asking price is $350,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leoma
    County
    Lawrence
    State
    Tennessee
    Longitude
    -87.3683882
    Latitude
    35.1102875

    Comparable in this City

    • $110,000

      Leoma Land with Road Frontage

      4.64 acres of cleared land ready for development.
      89 S Bradley Rd, Leoma, TN 38468
      View Details
    • $1,551,921

      Open Farm with Multiple Creeks

      150-acre farm featuring creeks, pond, springs, and outbuildings.
      Fall River Rd, Leoma, TN 38468
      View Details
    • $249,000
      2,400 SF

      Leoma Mixed-Use Building - Highway 43

      High-traffic location, versatile building, great potential.
      2816 Highway 43, Leoma, TN 38468
      View Details

    Similar Nearby for Sale

    • $110,000

      Leoma Land with Road Frontage

      4.64 acres of cleared land ready for development.
      89 S Bradley Rd, Leoma, TN 38468
      View Details
    • $249,000
      2,400 SF

      Leoma Mixed-Use Building - Highway 43

      High-traffic location, versatile building, great potential.
      2816 Highway 43, Leoma, TN 38468
      View Details
    • $1,551,921

      Open Farm with Multiple Creeks

      150-acre farm featuring creeks, pond, springs, and outbuildings.
      Fall River Rd, Leoma, TN 38468
      View Details
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    172 Luncford Rd
    Leoma, TN 38468
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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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