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    Property profile & analytics

    202 Cedar St Gleason, TN 38229-7244

    • Grocery and convenience stores
    • 2,528 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Last Sale
    Apr 26, 2023
    $695,227
    Location Intelligence
    Property ID
    US80-1903341
    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

    • Western Union / Money Transfer Service
    • Little General / Convenience Store
    • Gleason Fire Department / Fire Station
    • ATM (Little General) / Atm

    Property Details for 202 Cedar St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    2,528 SF
    Zone code
    8
    Property type
    Grocery and convenience stores
    APN
    092128L D 00701
    APU
    092128LD00701

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $590,000

    • CAP approach

      CAP return
      Estimation
      6%
      $595,000
      6.5%
      $625,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $640,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $560,000
      Retail
      $600,000
      Mixed-Use
      $525,000
      Hospitality
      $730,000
      Educational
      $605,000
      Residential Income
      $735,000
      Energy
      $610,000
      Income-Based Land
      $685,000
      Food Service
      $645,000

    Location Insight

    • Map
    • Local Demand
    City
    Gleason
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.6124
    Latitude
    36.2178
    CBSA code
    32280
    CBSA name
    MARTIN, 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
    0
    $0.00
    $5,280
    $51,960
    $57,240
    -
    $13,200
    $129,900
    $143,100

    Comparable in this City

    • Value Estimation by Request
      2,080 SF

      114 Cedar St

      GROCERY, SUPERMARKET • 2,080 SF
      114 Cedar St, Gleason, TN 38229-7928
      View Details
    • Value Estimation by Request
      2,088 SF

      103 Cedar St

      RETAIL STORES (PERSONAL SERVICES) • 2,088 SF
      103 Cedar St, Gleason, TN 38229-7927
      View Details
    • Value Estimation by Request
      3,838 SF

      205 College St

      RETAIL STORES (PERSONAL SERVICES) • 3,838 SF
      205 College St, Gleason, TN 38229-7823
      View Details
    • Value Estimation
      $40,000
      5,600 SF

      102 State Championship Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,600 SF
      102 State Championship Dr, Gleason, TN 38229
      View Details
    • Value Estimation
      $1,170,000
      10,414 SF

      3730 Hwy 22

      RETAIL STORES (PERSONAL SERVICES) • 10,414 SF
      3730 Hwy 22, Gleason, TN 38229-6110
      View Details
    • Value Estimation by Request
      9,348 SF

      545 Un St

      RETAIL STORES (PERSONAL SERVICES) • 9,348 SF
      545 Un St, Gleason, TN 38229-7209
      View Details

    Similar Nearby for Sale

    • $59,000
      800 SF

      Gleason Retail Building For Sale

      Commercial brick building with multiple rooms suitable for business.
      433 S Cedar St, Gleason, TN 38229
      View Details
    • $59,000
      800 SF

      Gleason Retail Building For Sale

      Brick building in Gleason, TN, suitable for starting a business.
      433 S Cedar St, Gleason, TN 38229
      View Details
    • $59,000
      800 SF

      Commercial Building in Gleason, TN

      Brick building with multiple rooms suitable for various businesses.
      433 S Cedar St, Gleason, TN 38229
      View Details
    • $389,000
      4,200 SF

      Gleason Car Wash For Sale

      Immaculately kept carwash with self-serve and automatic bays.
      535 E Union St, Gleason, TN 38229
      View Details
    • $155,000
      0.50 Acres

      Turnkey Restaurant on Highway 22

      Restaurant with equipment, fixtures, and seating for 60.
      3723 Highway 22, Gleason, TN 38229
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    • $155,000
      1,624 SF

      Gleason Restaurant with Equipment Included

      Restaurant with seating for 60, equipment included in Gleason, TN.
      3723 Highway 22, Gleason, TN 38229
      View Details
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    Gleason, TN 38229-7244
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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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