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    Property profile & analytics

    2501 Wood St Paris, TN 38242-7990

    • Turn key restaurants
    • 6,742 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US80-1989706
    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

    • Tom's Pizza And Steak House / Pizza Restaurant / Steak House

    Property Details for 2501 Wood St

    Year built
    1976
    Lot size
    0.81 lot acres
    Property size
    6,742 SF
    Property type
    Turn key restaurants
    APN
    040094 04703
    APU
    4009404703

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Henry
    State
    Tennessee
    Longitude
    -88.2777
    Latitude
    36.3199
    CBSA code
    37540
    CBSA name
    PARIS, 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
    $22,760
    $228,280
    $251,040
    -
    $56,900
    $570,700
    $627,600

    Comparable in this City

    • Value Estimation by Request
      3,788 SF

      1324 Wood St

      RESTAURANT • 3,788 SF
      1324 Wood St, Paris, TN 38242-4422
      View Details
    • Value Estimation by Request
      3,054 SF

      1516 Wood St

      RESTAURANT • 3,054 SF
      1516 Wood St, Paris, TN 38242-5667
      View Details
    • Value Estimation
      $85,000
      1,804 SF

      1502 Wood St

      RESTAURANT • 1,804 SF
      1502 Wood St, Paris, TN 38242-5667
      View Details
    • Value Estimation by Request
      2,268 SF

      915 Mineral Wls Ave

      RESTAURANT • 2,268 SF
      915 Mineral Wls Ave, Paris, TN 38242-4901
      View Details
    • Value Estimation
      $225,000
      7,774 SF

      608 Spruce St

      RESTAURANT • 7,774 SF
      608 Spruce St, Paris, TN 38242
      View Details
    • Value Estimation
      $260,000
      8,063 SF

      1305 Wood St

      RESTAURANT • 8,063 SF
      1305 Wood St, Paris, TN 38242-4412
      View Details

    Similar Nearby for Sale

    • New
      $399,900
      8,618 SF

      Historic Mixed-Use Building in Paris

      Historic building with apartments, office, and retail space in Paris.
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      View Details
    • New
      $399,900
      8,618 SF

      Historic Mixed-Use Building, Paris TN

      Historic mixed-use building with updated mechanicals in the heart of Paris.
      121 North Poplar St, Paris, TN 38242
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    • $455,000
      4,501 SF

      Downtown Paris Commercial Investment Opportunity

      Renovated 5-unit property in downtown Paris, TN. $50,000+ GRI.
      117 E Wood St, Paris, TN 38242
      View Details
    • New
      $793,500
      2,250 SF

      Commercial Investment Opportunity in Paris

      Commercial property for sale with long-term triple net lease.
      1052 Mineral Wells Ave, Paris, TN 38242
      View Details
    • New
      $399,900
      Pending

      Historic Paris, TN Mixed-Use Building

      Historic building with apartments, office, and retail space for sale.
      121 N Poplar St, Paris, TN 38242
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    • $1,800,000
      1,605 SF

      Commercial Property with Residential Component

      Commercial property with residence, shop, office, and fuel tank.
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      View Details
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    2501 Wood St
    Paris, TN 38242-7990
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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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