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    Property profile & analytics

    2nd E Dr Parsons, TN 38363

    • Retail space
    • 5,824 SF
    • 80.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-2387942
    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

    • Retail space

    Property Details for 2nd E Dr

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    80.00 lot acres
    Property size
    5,824 SF
    Zone code
    B2
    Property type
    Retail space
    APN
    020049M H 00700
    APU
    020049MH00700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parsons
    County
    Decatur
    State
    Tennessee
    Longitude
    -88.1258
    Latitude
    35.6486

    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
    $5,520
    $49,400
    $54,920
    -
    $13,800
    $123,500
    $137,300

    Comparable in this City

    • Value Estimation by Request
      15,760 SF

      455 Main St

      Individual retail properties • 15,760 SF
      455 Main St, Parsons, TN 38363
      View Details
    • Value Estimation by Request
      2,580 SF

      1667 Brodies Lndg Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,580 SF
      1667 Brodies Lndg Rd, Parsons, TN 38363-5834
      View Details
    • Value Estimation by Request
      1,872 SF

      499 Florida N Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,872 SF
      499 Florida N Ave, Parsons, TN 38363-2629
      View Details
    • Value Estimation by Request
      3,000 SF

      3220 Hwy 412th E

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      3220 Hwy 412th E, Parsons, TN 38363-3312
      View Details
    • Value Estimation by Request
      1,404 SF

      4042 Hwy 412th E

      RETAIL STORES (PERSONAL SERVICES) • 1,404 SF
      4042 Hwy 412th E, Parsons, TN 38363-3613
      View Details
    • Value Estimation by Request
      760 SF

      3312 Hwy 412th E

      RETAIL STORES (PERSONAL SERVICES) • 760 SF
      3312 Hwy 412th E, Parsons, TN 38363-3313
      View Details

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    2nd E Dr
    Parsons, TN 38363
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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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