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    Property profile & analytics

    737 Madison St Shelbyville, TN 37160

    • Warehouses
    • 17,860 SF
    • 0.95 lot acres
    For Sale
    View listing
    $975,000
    Value Estimation
    Last Sale
    May 09, 2024
    $655,000
    Location Intelligence
    Property ID
    US80-3432119
    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

    • Warehouses

    Property Details for 737 Madison St

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.95 lot acres
    Property size
    17,860 SF
    Property type
    Warehouses
    APN
    002089C A 00200
    APU
    002089CA00200

    Description

    This exceptional mixed-use property at 737 Madison Street in Shelbyville, Tennessee, offers over 21,000 square feet of versatile space on a 0.97-acre lot. Priced to sell at $975,000, this building presents a unique investment opportunity due to its prime location on a high-traffic road with ample parking. The property boasts a large warehouse area, ideal for storage or distribution, complemented by office and retail space ready for immediate occupancy. Features include a loading dock, showroom space suitable for furniture or antiques, and the potential for a restaurant or other retail businesses. The substantial square footage includes a significant amount of additional space in the rear of the building, accessible via the loading dock. Its convenient location near downtown Shelbyville ensures easy access for customers and employees. The property's proximity to the Centennial Horse Arena adds further appeal and potential for synergistic business opportunities. This adaptable space is perfect for a variety of uses, making it an attractive investment for entrepreneurs and business owners seeking a high-visibility location with significant potential for growth. The building's existing infrastructure and ample space provide a solid foundation for a thriving business venture.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $655,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $600,000
      7%
      $675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $730,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $590,000
      Retail
      $630,000
      Mixed-Use
      $775,000
      Hospitality
      $665,000
      Educational
      $665,000
      Residential Income
      $725,000
      Energy
      $675,000
      Income-Based Land
      $640,000
      Food Service
      $765,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.4454
    Latitude
    35.4876
    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
    $147,200
    $38,400
    $185,600
    -
    $368,000
    $96,000
    $464,000

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      911 Madison St

      WAREHOUSE, STORAGE • 1,169 SF
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    • Value Estimation by Request
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      1115 Madison St

      WAREHOUSE, STORAGE • 27,812 SF
      1115 Madison St, Shelbyville, TN 37160-3623
      View Details
    • Value Estimation
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      4,709 SF

      513 Madison St

      WAREHOUSE, STORAGE • 4,709 SF
      513 Madison St, Shelbyville, TN 37160-3364
      View Details
    • Value Estimation by Request
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      Ee Pkwy

      WAREHOUSE, STORAGE • 52,800 SF
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    • Value Estimation
      $100,000
      2,088 SF

      Collier Ave

      WAREHOUSE, STORAGE • 2,088 SF
      Collier Ave, Shelbyville, TN 37160
      View Details

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    737 Madison St
    Shelbyville, TN 37160
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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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