Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    401 Elm St Shelbyville, TN 37160-2703

    • Office Properties & Spaces
    • 9,696 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US80-1183328
    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

    • Farmers Insurance - Donna Everett / Auto Insurance Agency / Home Insurance Agency
    • Woodruff Realty & Auction / Real Estate Agency
    • Catie Boyce Gentry, Woodruff Realty & Auction / Real Estate Agent

    Property Details for 401 Elm St

    Year built
    1945
    Lot size
    0.78 lot acres
    Property size
    9,696 SF
    Property type
    Office Properties & Spaces
    APN
    002089A C 00200
    APU
    002089AC00200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $305,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $310,000
      Mixed-Use
      $380,000
      Hospitality
      $395,000
      Educational
      $380,000
      Residential Income
      $320,000
      Energy
      $375,000
      Income-Based Land
      $360,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.4626
    Latitude
    35.4897
    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
    $110,400
    $149,600
    $260,000
    -
    $276,000
    $374,000
    $650,000

    Comparable in this City

    • Value Estimation by Request
      4,379 SF

      824 Lipscomb St

      OFFICE (GENERAL) • 4,379 SF
      824 Lipscomb St, Shelbyville, TN 37160-2843
      View Details
    • Value Estimation by Request
      2,700 SF

      1102 Madison St

      OFFICE (GENERAL) • 2,700 SF
      1102 Madison St, Shelbyville, TN 37160-3624
      View Details
    • Value Estimation by Request
      2,688 SF

      107 Holland St

      OFFICE (GENERAL) • 2,688 SF
      107 Holland St, Shelbyville, TN 37160-3927
      View Details
    • Value Estimation by Request
      1,680 SF

      755 Main St

      OFFICE (GENERAL) • 1,680 SF
      755 Main St, Shelbyville, TN 37160-2827
      View Details
    • Value Estimation by Request
      1,120 SF

      712 Un St

      OFFICE (GENERAL) • 1,120 SF
      712 Un St, Shelbyville, TN 37160-2744
      View Details
    • Value Estimation
      $495,000
      31,550 SF

      Hawkins Dr

      OFFICE (GENERAL) • 31,550 SF
      Hawkins Dr, Shelbyville, TN 37160
      View Details

    Similar Nearby for Sale

    • $849,900
      0.54 Acres

      Shelbyville Mixed-Use Investment Opportunity

      Prime Location, High-Return Potential, Updated Building
      716 Main St, Shelbyville, TN 37160
      View Details
    • $3,000,000
      3.07 Acres

      Shelbyville Commercial Land - 3 Acres

      Prime Shelbyville location, divisible, high traffic.
      734 Main St, Shelbyville, TN 37160
      View Details
    • $349,900
      1,800 SF

      Shelbyville Retail Space - Hwy 64 W

      High-traffic retail building, 1.59 acres.
      2601 Highway 64, Shelbyville, TN 37160
      View Details
    • $135,000
      2.30 Acres

      Shelbyville Land for Residential Development

      2.3 acre lot in Scenic View Subdivision, ready to build.
      Over Look Ln, Shelbyville, TN 37160
      View Details
    • $750,000

      25.80 Acre Farm with Creek

      Farm with creek, pasture, and utilities available in Shelbyville, TN.
      3 Pass Rd, Shelbyville, TN 37160
      View Details
    • $150,000

      Land with Large Soil Site

      Tract of land featuring a large soil site and utilities.
      6 Mount Lebanon Church Rd, Shelbyville, TN 37160
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      33,000 SF

      Shelbyville Industrial Campus

      Versatile flex space, 33,000 SF available.
      710 Blue Ribbon Pkwy, Shelbyville, TN 37160
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Anchored by Walmart

      Retail space for lease, anchored by Walmart Supercenter.
      1830-1878 N Main St, Shelbyville, TN 37160
      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.
    401 Elm St
    Shelbyville, TN 37160-2703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.