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    Property profile & analytics

    5040 Hwy 64th E Wartrace, TN 37183-3049

    • Commercial real estate
    • 2,460 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1248560
    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

    • Commercial real estate

    Property Details for 5040 Hwy 64th E

    Year built
    1995
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    2,460 SF
    Property type
    Commercial real estate
    APN
    002053 03104 001
    APU
    205303104001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wartrace
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.303
    Latitude
    35.5596
    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
    $16,800
    $9,720
    $26,520
    -
    $42,000
    $24,300
    $66,300

    Comparable in this City

    • Value Estimation by Request
      2,705 SF

      Hwy 64-e

      COMMERCIAL (GENERAL) • 2,705 SF
      Hwy 64-e, Wartrace, TN 37183
      View Details
    • Value Estimation
      $145,000
      10,866 SF

      505 Blackman W Blvd

      COMMERCIAL (GENERAL) • 10,866 SF
      505 Blackman W Blvd, Wartrace, TN 37183-2210
      View Details
    • Value Estimation by Request
      2,976 SF

      Railroad Rd

      COMMERCIAL (GENERAL) • 2,976 SF
      Railroad Rd, Wartrace, TN 37183
      View Details
    • Value Estimation by Request
      6,351 SF

      Knob Crk Rd

      COMMERCIAL (GENERAL) • 6,351 SF
      Knob Crk Rd, Wartrace, TN 37183
      View Details
    • Value Estimation
      $435,000
      7,812 SF

      425 Clyde Gleaves Rd

      COMMERCIAL (GENERAL) • 7,812 SF
      425 Clyde Gleaves Rd, Wartrace, TN 37183-3513
      View Details
    • Value Estimation
      $355,000
      11,040 SF

      6015 Hwy 64th E

      COMMERCIAL (GENERAL) • 11,040 SF
      6015 Hwy 64th E, Wartrace, TN 37183-3052
      View Details

    Similar Nearby for Sale

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      2.69-acre tract in Wartrace, TN with pasture views.
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      Charming Home on Spacious Land

      Country living with 3 bedrooms, 2 baths on nearly acre.
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    5040 Hwy 64th E
    Wartrace, TN 37183-3049
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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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