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    Property profile & analytics

    Hwy 43 Loretto, TN 38469

    • Commercial real estate
    • 16,750 SF
    • 5.16 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Last Sale
    Jan 03, 2023
    Location Intelligence
    Property ID
    US80-2436255
    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 Hwy 43

    Year built
    1977
    Construction
    FRAME
    Lot size
    5.16 lot acres
    Property size
    16,750 SF
    Property type
    Commercial real estate
    APN
    050141 05100
    APU
    5014105100

    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
    -87.4137
    Latitude
    35.1024
    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
    $3,851
    $30,960
    $133,600
    $164,560
    -
    $77,400
    $334,000
    $411,400

    Comparable in this City

    • Value Estimation by Request

      Rigling Rd

      Commercial real estate
      Rigling Rd, Loretto, TN 38469
      View Details
    • Value Estimation by Request
      4,034 SF

      Bishop Chapel Rd

      COMMERCIAL (GENERAL) • 4,034 SF
      Bishop Chapel Rd, Loretto, TN 38469
      View Details
    • Value Estimation by Request
      640 SF

      Main St

      COMMERCIAL (GENERAL) • 640 SF
      Main St, Loretto, TN 38469
      View Details
    • Value Estimation
      $325,000
      15,128 SF

      3 Busby Rd

      COMMERCIAL (GENERAL) • 15,128 SF
      3 Busby Rd, Loretto, TN 38469-3225
      View Details
    • Value Estimation
      $605,000
      23,970 SF

      Commerce St

      COMMERCIAL (GENERAL) • 23,970 SF
      Commerce St, Loretto, TN 38469
      View Details
    • Value Estimation
      $300,000
      12,500 SF

      11 Sims Ln

      COMMERCIAL (GENERAL) • 12,500 SF
      11 Sims Ln, Loretto, TN 38469-2552
      View Details

    Similar Nearby for Sale

    • $32,000

      Loretto, TN Home - $32,000

      Affordable Stick-Built Home in Loretto
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    • $299,000
      1,680 SF

      New Home on 4.5 Acres

      New 3-bedroom, 2-bath home on 4.5 acres near Loretto.
      389 Busby Rd, Loretto, TN 38469
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    • $339,000
      1.00 Acre

      Loretto Mixed-Use Commercial Lot

      High-traffic location, excellent visibility. Great investment opportunity.
      309 Military St, Loretto, TN 38469
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    • $399,900
      7.60 Acres

      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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    Hwy 43
    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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