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    Property profile & analytics

    256 3rd St Selmer, TN 38375-1320

    • Office Properties & Spaces
    • 1,886 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-2030253
    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

    • Office Properties & Spaces

    Property Details for 256 3rd St

    Year built
    1972
    Lot size
    0.64 lot acres
    Property size
    1,886 SF
    Property type
    Office Properties & Spaces
    APN
    055089C E 00401
    APU
    055089CE00401

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selmer
    County
    Mcnairy
    State
    Tennessee
    Longitude
    -88.5903
    Latitude
    35.1732

    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
    2018
    $1,175
    $0.00
    $0.00
    $0.00
    -
    $8,000
    $103,900
    $111,900

    Comparable in this City

    • Value Estimation by Request
      4,072 SF

      177 Ct Ave

      OFFICE (GENERAL) • 4,072 SF
      177 Ct Ave, Selmer, TN 38375-2169
      View Details
    • Value Estimation by Request
      5,070 SF

      Industrial Park Dr

      OFFICE (GENERAL) • 5,070 SF
      Industrial Park Dr, Selmer, TN 38375
      View Details
    • Value Estimation
      $1,630,000
      7,951 SF

      661 Mulberry Ave

      OFFICE (GENERAL) • 7,951 SF
      661 Mulberry Ave, Selmer, TN 38375-3242
      View Details
    • Value Estimation
      $340,000
      2,600 SF

      825 Poplar Ave

      OFFICE (GENERAL) • 2,600 SF
      825 Poplar Ave, Selmer, TN 38375-1851
      View Details
    • Value Estimation by Request
      2,000 SF

      190 Houston Ave

      OFFICE (GENERAL) • 2,000 SF
      190 Houston Ave, Selmer, TN 38375-2129
      View Details
    • Value Estimation by Request
      1,755 SF

      555 Mulberry Ave

      OFFICE (GENERAL) • 1,755 SF
      555 Mulberry Ave, Selmer, TN 38375-2309
      View Details

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      1.00 Acre

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      6.76 acres of land available in Selmer, Tennessee.
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    256 3rd St
    Selmer, TN 38375-1320
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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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