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    7843 Manchester Hwy Morrison, TN 37357

    • Grocery and convenience stores
    • 3,353 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 09, 2020
    $650,000
    Location Intelligence
    Property ID
    US80-2682329
    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

    • Grocery and convenience stores

    Property Details for 7843 Manchester Hwy

    Year built
    1991
    Lot size
    1.27 lot acres
    Property size
    3,353 SF
    Property type
    Grocery and convenience stores
    APN
    089097 05201
    APU
    8909705201

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Warren
    State
    Tennessee
    Longitude
    -85.8829
    Latitude
    35.6193
    CBSA code
    32660
    CBSA name
    MCMINNVILLE, 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
    $23,960
    $135,440
    $159,400
    -
    $59,900
    $338,600
    $398,500

    Comparable in this City

    • Value Estimation by Request
      2,168 SF

      10284 Viola Rd

      GROCERY, SUPERMARKET • 2,168 SF
      10284 Viola Rd, Morrison, TN 37357
      View Details
    • Value Estimation
      $320,000
      8,490 SF

      7824 Manchester Hwy

      GROCERY, SUPERMARKET • 8,490 SF
      7824 Manchester Hwy, Morrison, TN 37357-5900
      View Details
    • Value Estimation by Request
      2,184 SF

      Mcminnville Hwy

      GROCERY, SUPERMARKET • 2,184 SF
      Mcminnville Hwy, Morrison, TN 37357
      View Details
    • Value Estimation by Request
      1,680 SF

      10102 Manchester Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      10102 Manchester Hwy, Morrison, TN 37357
      View Details
    • Value Estimation by Request
      416 SF

      130 Maple St

      RETAIL STORES (PERSONAL SERVICES) • 416 SF
      130 Maple St, Morrison, TN 37357-5701
      View Details
    • Value Estimation by Request
      4,760 SF

      141 Maple St

      RETAIL STORES (PERSONAL SERVICES) • 4,760 SF
      141 Maple St, Morrison, TN 37357-5703
      View Details

    Similar Nearby for Sale

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      40,000 SF

      Morrison, TN Warehouse Investment

      40,000 SF Warehouse - $2.28M
      265 Warehouse Rd, Morrison, TN 37357
      View Details
    • $92,900
      Pending

      Land with Mountain Views

      4.25 acres of land featuring mountain views and pond.
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    • $350,000
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      McMinnville Commercial Land - 16 Acres

      Prime 16-acre commercial lot, ready for development.
      0 Manchester Hwy, Morrison, TN 37357
      View Details
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    7843 Manchester Hwy
    Morrison, TN 37357
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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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