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

    7370 Hwy 195 Somerville, TN 38068-6226

    • Commercial land
    • 484 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1854753
    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 land

    Property Details for 7370 Hwy 195

    Year built
    1960
    Lot size
    0.07 lot acres
    Property size
    484 SF
    Property type
    Commercial land
    APN
    024097F A 06200
    APU
    024097FA06200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Fayette
    State
    Tennessee
    Longitude
    -89.3525
    Latitude
    35.218
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN 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
    $1,400
    $0.00
    $1,400
    -
    $3,500
    $0.00
    $3,500

    Comparable in this City

    • Value Estimation by Request
      1.04 Acres

      Hwy 64

      VACANT COMMERCIAL LAND • 1.04 Acres
      Hwy 64, Somerville, TN 38068
      View Details
    • Value Estimation by Request
      3.30 Acres

      10670 Us Hwy 64

      VACANT COMMERCIAL LAND • 9,351 SF
      10670 Us Hwy 64, Somerville, TN 38068-6062
      View Details
    • Value Estimation by Request
      0.58 Acres

      Hwy 64

      VACANT COMMERCIAL LAND • 0.58 Acres
      Hwy 64, Somerville, TN 38068
      View Details
    • Value Estimation by Request
      5.26 Acres

      Hwy 64

      VACANT COMMERCIAL LAND • 5.26 Acres
      Hwy 64, Somerville, TN 38068
      View Details
    • Value Estimation by Request
      2.76 Acres

      Hwy 64

      VACANT COMMERCIAL LAND • 2.76 Acres
      Hwy 64, Somerville, TN 38068
      View Details
    • Value Estimation by Request
      10.00 Acres

      Hwy 76

      VACANT COMMERCIAL LAND • 10.00 Acres
      Hwy 76, Somerville, TN 38068
      View Details

    Similar Nearby for Sale

    • $259,900
      2.85 Acres

      Highway 64 Land Opportunity

      2.85 acres of commercial land with existing utilities.
      17775 Highway 64, Somerville, TN 38068
      View Details
    • $199,900
      3.05 Acres

      Raw Land on Highway 64

      3.05 acres of raw land with high visibility.
      22345 Highway 64, Somerville, TN 38068
      View Details
    • $350,000
      5.06 Acres

      Oakland, TN Commercial Land

      5.06 acre commercial land for sale in Oakland, TN.
      8570 Highway 64, Oakland, TN 38068
      View Details
    • $375,000
      4.20 Acres

      Somerville Buildable Commercial Land

      4.2 acre commercial lot in Somerville, Tennessee.
      0000 Highway 64, Somerville, TN 38068
      View Details
    • $750,000
      6.80 Acres

      Highway Frontage Land Opportunity

      6.8 acres of land with highway frontage and utilities.
      Highway 64, Somerville, TN 38068
      View Details
    • $399,000
      45.00 Acres

      Somerville Land For Sale

      45 acre land parcel in Somerville, Tennessee.
      Country Club Rd, Somerville, TN 38068
      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.
    7370 Hwy 195
    Somerville, TN 38068-6226
    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.