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    Property profile & analytics

    229 Court St Tiptonville, TN 38079

    • Coworking space
    • 2,295 SF
    For Sale
    View listing
    $39,500
    Value Estimation
    Location Intelligence
    Property ID
    US80-0031842
    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

    • Coworking space

    Property Details for 229 Court St

    Property size
    2,295 SF
    Property type
    Coworking space
    Property subtype
    Medical offices

    Description

    This exceptional 2,295 square foot building, located at 229 S Court St, Tiptonville, TN 38079, presents a unique investment opportunity. Currently vacant, the entire space is available for lease as a single tenant occupancy. The property is zoned commercial and offers versatile options for various business types. Its adaptable layout is ideal for medical offices, traditional office spaces, coworking environments, or even a restaurant with potential for a drive-thru. A complete remodel is scheduled to commence in September 2024, providing a fresh, modern space for the future tenant. The building's dimensions are 45 feet by 51 feet. This location benefits from the positive economic growth in Lake County, TN, fueled by the establishment of a new manufacturing plant bringing numerous jobs to Northwest Tennessee. This presents a compelling opportunity to capitalize on the area's expanding economy and secure a prominent presence in a thriving community. The property is ready for immediate lease negotiations, allowing for customization to meet specific business needs. Contact us today to discuss your vision for this versatile space and explore the possibilities.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tiptonville
    County
    Lake
    State
    Tennessee
    Longitude
    -89.4842778
    Latitude
    36.3764808

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    229 Court St
    Tiptonville, TN 38079
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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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