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    Property profile & analytics

    232 Locust Ave Lawrenceburg, TN 38464-3514

    • Commercial real estate
    • 1,491 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $170,000
    Last Sale
    Mar 22, 2024
    $125,000
    Location Intelligence
    Property ID
    US80-1360128
    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 232 Locust Ave

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    1,491 SF
    Property type
    Commercial real estate
    APN
    050089C B 02300
    APU
    050089CB02300

    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
    -87.3297
    Latitude
    35.2418
    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
    $859
    $14,000
    $13,640
    $27,640
    -
    $35,000
    $34,100
    $69,100

    Comparable in this City

    • Value Estimation by Request
      19.04 Acres

      20 Weaver Cir

      Land • 1,491 SF
      20 Weaver Cir, Lawrenceburg, TN 38464
      View Details
    • Value Estimation by Request
      1.80 Acres

      Locust Ave

      Commercial real estate • 1.80 Acres
      Locust Ave, Lawrenceburg, TN 38464
      View Details
    • Value Estimation by Request
      0.49 Acres

      574 Gaines St

      Commercial real estate • 0.49 Acres
      574 Gaines St, Lawrenceburg, TN 38464
      View Details
    • Value Estimation by Request

      335 Locust Ave

      COMMERCIAL (GENERAL)
      335 Locust Ave, Lawrenceburg, TN 38464-3515
      View Details
    • Value Estimation by Request

      545 Watson Dr

      COMMERCIAL (GENERAL)
      545 Watson Dr, Lawrenceburg, TN 38464-2449
      View Details
    • Value Estimation by Request
      0.52 Acres

      1st Ave

      COMMERCIAL (GENERAL) • 0.52 Acres
      1st Ave, Lawrenceburg, TN 38464
      View Details

    Similar Nearby for Sale

    • $375,000
      19.04 Acres

      Prime Lawrenceburg Retail Opportunity

      19 Acres, 1,491 SF Retail Space
      20 Weaver Cir, Lawrenceburg, TN 38464
      View Details
    • $299,000
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      Prime Lawrenceburg Commercial Land

      1.8-Acre Lot, High Traffic Area
      Locust Ave, Lawrenceburg, TN 38464
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    • $399,000
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      Prime Lawrenceburg Land Investment

      8.27 Acres, Commercial/Residential Potential
      Prosser Rd, Lawrenceburg, TN 38464
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    • $100,000
      0.49 Acres

      High-Traffic Lawrenceburg Commercial Lot

      Prime C3-zoned lot, high visibility, near major highways.
      574 Gaines St, Lawrenceburg, TN 38464
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    • $249,900
      0.31 Acres

      High-Traffic Lawrenceburg Corner Lot

      Prime Commercial Lot, High Visibility, Ready to Build
      610 Locust St, Lawrenceburg, TN 38464
      View Details
    • $110,000
      1.00 Acre

      Prime Lawrenceburg Commercial Land

      1-Acre Lot, Endless Potential
      2Nd St, Lawrenceburg, TN 38464
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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
      24,000 SF

      B&K Medical Plaza: Prime Office Space

      Lawrenceburg, TN medical office suites available
      2121 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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    232 Locust Ave
    Lawrenceburg, TN 38464-3514
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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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