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    Property profile & analytics

    470 Bockman Way Sparta, TN 38583-1833

    • Grocery and convenience stores
    • 5,205 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US80-0717445
    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

    • Exxon / Gas Station
    • Coin Connection Bitcoin ATM / Atm

    Property Details for 470 Bockman Way

    Year built
    1987
    Lot size
    0.58 lot acres
    Property size
    5,205 SF
    Zone code
    C-D
    Property type
    Grocery and convenience stores
    APN
    093049P B 02200
    APU
    093049PB02200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    White
    State
    Tennessee
    Longitude
    -85.476
    Latitude
    35.9323

    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
    2021
    $5,691
    $90,000
    $101,720
    $191,720
    -
    $225,000
    $254,300
    $479,300

    Comparable in this City

    • Value Estimation
      $425,000
      2,600 SF

      440 Bockman Way

      GROCERY, SUPERMARKET • 2,600 SF
      440 Bockman Way, Sparta, TN 38583-1811
      View Details
    • Value Estimation
      $240,000
      4,993 SF

      310 Bockman Way

      GROCERY, SUPERMARKET • 4,993 SF
      310 Bockman Way, Sparta, TN 38583-1809
      View Details
    • Value Estimation by Request
      2,400 SF

      645 Mcminnville Hwy

      GROCERY, SUPERMARKET • 2,400 SF
      645 Mcminnville Hwy, Sparta, TN 38583-2422
      View Details
    • Value Estimation
      $465,000
      2,736 SF

      315 Bockman Way

      GROCERY, SUPERMARKET • 2,736 SF
      315 Bockman Way, Sparta, TN 38583-2119
      View Details
    • Value Estimation by Request
      3,540 SF

      242 Spg St

      GROCERY, SUPERMARKET • 3,540 SF
      242 Spg St, Sparta, TN 38583-1416
      View Details
    • Value Estimation
      $455,000
      6,214 SF

      144 Taft Church Rd

      GROCERY, SUPERMARKET • 6,214 SF
      144 Taft Church Rd, Sparta, TN 38583-7275
      View Details

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      Custom-built commercial building with ample parking and easy access.
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    • $129,900
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      Sparta Retail Space - Hwy 70 W

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    Sparta, TN 38583-1833
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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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