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    Property profile & analytics

    505 Main St Cornersville, TN 37047-4114

    • Retail space
    • 608 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Mar 03, 2022
    $115,000
    Location Intelligence
    Property ID
    US80-0894576
    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 505 Main St

    Year built
    1997
    Lot size
    0.62 lot acres
    Property size
    608 SF
    Property type
    Retail space
    APN
    059092A A 00600
    APU
    059092AA00600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cornersville
    County
    Marshall
    State
    Tennessee
    Longitude
    -86.8392
    Latitude
    35.3727
    CBSA code
    30280
    CBSA name
    LEWISBURG, 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
    2021
    $271
    $1,325
    $6,625
    $7,950
    -
    $5,300
    $26,500
    $31,800

    Comparable in this City

    • Value Estimation by Request
      1,124 SF

      2470 Lynnville Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,124 SF
      2470 Lynnville Hwy, Cornersville, TN 37047-5131
      View Details
    • Value Estimation by Request
      1,590 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,590 SF
      102 Main St, Cornersville, TN 37047-4223
      View Details
    • Value Estimation by Request
      740 SF

      9122 Lewisburg Hwy

      RETAIL STORES (PERSONAL SERVICES) • 740 SF
      9122 Lewisburg Hwy, Cornersville, TN 37047-7030
      View Details
    • Value Estimation by Request
      2,618 SF

      4397 John Barnes Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,618 SF
      4397 John Barnes Rd, Cornersville, TN 37047-5315
      View Details
    • Value Estimation by Request
      2,226 SF

      100 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,226 SF
      100 Main St, Cornersville, TN 37047-4223
      View Details
    • Value Estimation
      $450,000
      12,302 SF

      400 Main St

      RETAIL STORES (PERSONAL SERVICES) • 12,302 SF
      400 Main St, Cornersville, TN 37047-4103
      View Details

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    505 Main St
    Cornersville, TN 37047-4114
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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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