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    Property profile & analytics

    8561 Us Hwy 64th, Unit 8569 Somerville, TN 38068-6005

    • Retail space
    • 7,428 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    May 06, 2024
    Location Intelligence
    Property ID
    US80-1980732
    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 8561 Us Hwy 64th

    Year built
    1997
    Construction
    WOOD
    Lot size
    1.56 lot acres
    Property size
    7,428 SF
    Zone code
    B2
    Property type
    Retail space
    APN
    024087 01914
    APU
    2408701914

    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
    -89.4902
    Latitude
    35.2312
    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
    $74,880
    $119,560
    $194,440
    -
    $187,200
    $298,900
    $486,100

    Comparable in this City

    • Value Estimation by Request
      7,548 SF

      104 Market St

      RETAIL STORES (PERSONAL SERVICES) • 7,548 SF
      104 Market St, Somerville, TN 38068-1410
      View Details
    • Value Estimation by Request
      5,540 SF

      402 Midland St

      RETAIL STORES (PERSONAL SERVICES) • 5,540 SF
      402 Midland St, Somerville, TN 38068-1429
      View Details
    • Value Estimation by Request
      744 SF

      50 Somerville St

      RETAIL STORES (PERSONAL SERVICES) • 744 SF
      50 Somerville St, Somerville, TN 38068-1545
      View Details
    • Value Estimation by Request
      3,500 SF

      17712 Us Hwy 64

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      17712 Us Hwy 64, Somerville, TN 38068-6189
      View Details
    • Value Estimation by Request
      1,120 SF

      16794 Us Hwy 64

      RETAIL STORES (PERSONAL SERVICES) • 1,120 SF
      16794 Us Hwy 64, Somerville, TN 38068-6156
      View Details
    • Value Estimation by Request
      2,156 SF

      16635 Us Hwy 64

      RETAIL STORES (PERSONAL SERVICES) • 2,156 SF
      16635 Us Hwy 64, Somerville, TN 38068-6905
      View Details

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    8561 Us Hwy 64th, Unit 8569
    Somerville, TN 38068-6005
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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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