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    Property profile & analytics

    Hwy 51st S Munford, TN 38058

    • Commercial land
    • 1,108 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 27, 2023
    $196,666
    Location Intelligence
    Property ID
    US80-2435693
    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 Hwy 51st S

    Year built
    1938
    Lot size
    2.10 lot acres
    Property size
    1,108 SF
    Property type
    Commercial land
    APN
    084111 01600
    APU
    8411101600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Munford
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.7788
    Latitude
    35.4514
    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
    2022
    $418
    $13,640
    $0.00
    $13,640
    -
    $34,100
    $0.00
    $34,100

    Comparable in this City

    • Value Estimation by Request
      3.38 Acres

      4695 Marshall Rd

      VACANT COMMERCIAL LAND • 1,165 SF
      4695 Marshall Rd, Munford, TN 38058-7343
      View Details
    • Value Estimation by Request
      3.22 Acres

      Mclaughlin Dr

      VACANT COMMERCIAL LAND • 3.22 Acres
      Mclaughlin Dr, Munford, TN 38058
      View Details
    • Value Estimation by Request
      0.46 Acres

      1758 Tipton Rd

      VACANT COMMERCIAL LAND • 1,736 SF
      1758 Tipton Rd, Munford, TN 38058-4709
      View Details
    • Value Estimation by Request
      12.55 Acres

      Atoka Munford Ave

      VACANT COMMERCIAL LAND • 6,063 SF
      Atoka Munford Ave, Munford, TN 38058
      View Details
    • Value Estimation by Request
      4.12 Acres

      Tipton Rd

      VACANT COMMERCIAL LAND • 4.12 Acres
      Tipton Rd, Munford, TN 38058
      View Details
    • Value Estimation by Request
      1.64 Acres

      Of Munford Atoka Rd

      VACANT COMMERCIAL LAND • 1.64 Acres
      Of Munford Atoka Rd, Munford, TN 38058
      View Details

    Similar Nearby for Sale

    • $315,000

      Commercial Land at Highway 51

      Corner lot with commercial zoning and high traffic volume.
      54 Joe Joyner Rd, Munford, TN 38058
      View Details
    • $50,000
      1.13 Acres

      Spacious Lot in Downtown Munford

      1.13 acre lot in the heart of downtown Munford.
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    • Contact for pricing
      42.00 Acres

      Prime Munford, TN Commercial Land

      42 Acres, Hwy 51 Frontage, Zoned PB
      51 And Mclaughlin Dr, Munford, TN 38058
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    • $65,000
      0.55 Acres

      Residential Lot in Munford, TN

      0.55 acre lot with utilities available for building.
      1 Maple Hill Dr, Munford, TN 38058
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    • Contact for pricing
      0.33 Acres

      Land For Sale, Munford, TN

      Land for sale in South Tipton County with city sewer.
      Simmons Rd, Munford, TN 38058
      View Details
    • $799,000

      Prime Munford Commercial Space

      Renovated 6000+ sq ft, Hwy 51 access
      145 Joe Joyner Rd, Munford, TN 38058
      View Details
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    Hwy 51st S
    Munford, TN 38058
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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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