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    Property profile & analytics

    304 Blackman W Blvd Wartrace, TN 37183-2205

    • Auto shops
    • 1,584 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Jan 23, 2023
    $60,000
    Location Intelligence
    Property ID
    US80-2496713
    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

    • Auto shops

    Property Details for 304 Blackman W Blvd

    Year built
    1930
    Lot size
    0.23 lot acres
    Property size
    1,584 SF
    Property type
    Auto shops
    APN
    002071E B 00700
    APU
    002071EB00700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $50,000

    • CAP approach

      CAP return
      Estimation
      6%
      $35,000
      6.5%
      $35,000
      7%
      $35,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $35,000
      Geo Method
      $30,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $30,000
      Retail
      $30,000
      Mixed-Use
      $40,000
      Hospitality
      $40,000
      Educational
      $40,000
      Residential Income
      $40,000
      Energy
      $35,000
      Income-Based Land
      $35,000
      Food Service
      $30,000

    Location Insight

    • Map
    • Local Demand
    City
    Wartrace
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.3347
    Latitude
    35.5258
    CBSA code
    43180
    CBSA name
    SHELBYVILLE, 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
    $7,800
    $14,640
    $22,440
    -
    $19,500
    $36,600
    $56,100

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      205 Blackman E Blvd

      AUTO REPAIR, GARAGE • 1,200 SF
      205 Blackman E Blvd, Wartrace, TN 37183
      View Details
    • Value Estimation by Request
      6,639 SF

      219 Blackman E Blvd

      AUTO REPAIR, GARAGE • 6,639 SF
      219 Blackman E Blvd, Wartrace, TN 37183-2128
      View Details
    • Value Estimation by Request
      3,632 SF

      106 Main W St

      AUTO REPAIR, GARAGE • 3,632 SF
      106 Main W St, Wartrace, TN 37183-2211
      View Details
    • Value Estimation
      $200,000
      6,460 SF

      103 Main E St

      RETAIL STORES (PERSONAL SERVICES) • 6,460 SF
      103 Main E St, Wartrace, TN 37183
      View Details
    • Value Estimation by Request
      4,256 SF

      503 Blackman W Blvd

      GROCERY, SUPERMARKET • 4,256 SF
      503 Blackman W Blvd, Wartrace, TN 37183-2210
      View Details
    • Value Estimation by Request
      1,620 SF

      104 Fairfield E Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
      104 Fairfield E Rd, Wartrace, TN 37183-2155
      View Details

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    304 Blackman W Blvd
    Wartrace, TN 37183-2205
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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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