Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2764 Lawrenceburg Hwy Lawrenceburg, TN 38464-5905
    Back to Search
    Property profile & analytics

    2764 Lawrenceburg Hwy, Lawrenceburg, TN 38464-5905

    View on Map
    • Retail space
    • 1,590 SF
    Off-Market
    Last Sale Jun 11, 2021
    $35,000
    Property ID
    US80-3204381
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2764 Lawrenceburg Hwy

    Year built
    1939
    Property type
    Retail space
    APN
    091081 00601
    APU
    9108100601

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 11, 2021 $35,000 Mark Brainard Wayne County Bank Special Warranty Deed $34k · Wayne County Bank
    Mar 26, 2013 $50,000 Wayne Cnty Bk Self,randy & Tina Grant Deed —
    Dec 29, 2011 — Randy Self Best,kevin Quit Claim Deed · related —
    Oct 24, 2011 — Kevin Betts Self,randy Grant Deed · related —
    Oct 14, 2011 — Kevin Betts Self,randy Quit Claim Deed · related —
    Aug 9, 2011 $65,000 Randy Self Wayne Cnty Bk Warranty Deed —
    Sep 23, 2010 $90,000 Wayne Cnty Bk Keasling,gregory J Grant Deed · related —
    Sep 22, 2009 $110,000 Gregory J Keasling Long,anthony F & Rhonda Grant Deed $121k · Wayne County Bank
    Oct 27, 2008 $110,000 Anthony F Long Powell,chris D & Dawn C Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceburg
    County
    Wayne
    State
    Tennessee
    Longitude
    -87.5867
    Latitude
    35.324

    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
    $2,200
    $16,920
    $19,120
    -
    $5,500
    $42,300
    $47,800

    Comparable in this City

    • Value Estimation by Request
      2,624 SF

      929 Mattox Town Rd

      RETAIL STORES (PERSONAL SERVICES)
      929 Mattox Town Rd, Lawrenceburg, TN 38464-4422
      View Details
    • Value Estimation by Request
      6,675 SF

      117 Military Ave

      RETAIL STORES (PERSONAL SERVICES)
      117 Military Ave, Lawrenceburg, TN 38464-3323
      View Details
    • Value Estimation by Request
      4,700 SF

      28 Public Sq

      RETAIL STORES (PERSONAL SERVICES)
      28 Public Sq, Lawrenceburg, TN 38464-3351
      View Details
    • Value Estimation by Request
      1,872 SF

      2835 Waynesboro Hwy

      RETAIL STORES (PERSONAL SERVICES)
      2835 Waynesboro Hwy, Lawrenceburg, TN 38464-7320
      View Details
    • Value Estimation by Request
      1,988 SF

      552 Weakley Crk Rd

      RETAIL STORES (PERSONAL SERVICES)
      552 Weakley Crk Rd, Lawrenceburg, TN 38464-6009
      View Details
    • Value Estimation by Request
      3,760 SF

      119 Gaines St

      RETAIL STORES (PERSONAL SERVICES)
      119 Gaines St, Lawrenceburg, TN 38464-3321
      View Details

    Similar Nearby for Sale

    • $95,000

      Lawrenceburg Commercial Land For Sale

      Commercial land in Lawrenceburg, TN, with C3 zoning.
      574 East Gaines St, Lawrenceburg, TN 38464
      View Details
    • Contact for pricing

      Commercial Land in Lawrenceburg, TN

      Commercial land with C3 zoning in a busy area.
      574 E Gaines St, Lawrenceburg, TN 38464
      View Details
    • $640,000
      14,000 SF

      Prime Lawrenceburg Commercial Quadplex

      Four buildings, 14,000 sq ft, high ROI
      1409 Buffalo Rd, Lawrenceburg, TN 38464
      View Details
    • $2,750,000

      Lawrenceburg Multifamily Investment Opportunity

      Well-maintained 16-unit multifamily property with full occupancy in Lawrenceburg, TN.
      56 Mattox Rd, Lawrenceburg, TN 38464
      View Details
    • $399,900
      7,360 SF

      Lawrenceburg Mixed-Use Investment

      7,360 sq ft, 0.44 acres, high traffic
      1213 Gaines St, Lawrenceburg, TN 38464
      View Details
    • $399,000
      8.27 Acres

      Prime Lawrenceburg Land Investment

      8.27 Acres, Commercial/Residential Potential
      Prosser Rd, Lawrenceburg, TN 38464
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      Pending

      Lawrenceburg Retail Space For Rent

      Retail storefront available for lease in Lawrenceburg, Tennessee.
      399 W Gaines St, 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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2764 Lawrenceburg Hwy
    Lawrenceburg, TN 38464-5905
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2764 Lawrenceburg Hwy, Lawrenceburg, TN, 38464
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!