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    Property profile & analytics

    Commerce St Loretto, TN 38469

    • Commercial real estate
    • 23,970 SF
    • 3.88 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Last Sale
    Dec 08, 2020
    Location Intelligence
    Property ID
    US80-2288306
    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 real estate

    Property Details for Commerce St

    Year built
    1980
    Construction
    FRAME
    Lot size
    3.88 lot acres
    Property size
    23,970 SF
    Property type
    Commercial real estate
    APN
    050151B B 02600
    APU
    050151BB02600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Loretto
    County
    Lawrence
    State
    Tennessee
    Longitude
    -87.437
    Latitude
    35.0799
    CBSA code
    29980
    CBSA name
    LAWRENCEBURG, 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
    2023
    $3,481
    $9,720
    $139,000
    $148,720
    -
    $24,300
    $347,500
    $371,800

    Comparable in this City

    • Value Estimation by Request
      8,200 SF

      307 Busby Rd

      COMMERCIAL (GENERAL) • 8,200 SF
      307 Busby Rd, Loretto, TN 38469-3230
      View Details
    • Value Estimation by Request
      18,934 SF

      Hwy 43

      COMMERCIAL (GENERAL) • 18,934 SF
      Hwy 43, Loretto, TN 38469
      View Details
    • Value Estimation by Request
      2,878 SF

      Main St

      COMMERCIAL (GENERAL) • 2,878 SF
      Main St, Loretto, TN 38469
      View Details
    • Value Estimation by Request
      5,072 SF

      115 Smith Cir

      COMMERCIAL (GENERAL) • 5,072 SF
      115 Smith Cir, Loretto, TN 38469-2375
      View Details
    • Value Estimation by Request
      5,000 SF

      17 Old Glendale Rd

      COMMERCIAL (GENERAL) • 5,000 SF
      17 Old Glendale Rd, Loretto, TN 38469-3044
      View Details
    • Value Estimation by Request
      4,800 SF

      368 Busby Rd

      COMMERCIAL (GENERAL) • 4,800 SF
      368 Busby Rd, Loretto, TN 38469-3233
      View Details

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      New Home on 4.5 Acres

      New 3-bedroom, 2-bath home on 4.5 acres near Loretto.
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      Loretto Acreage For Sale

      7.6 Acres in Loretto, TN with utilities available.
      205 Dixon Rd E, Loretto, TN 38469
      View Details
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    Commerce St
    Loretto, TN 38469
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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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