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    Property profile & analytics

    Hwy 51st S Munford, TN 38058

    • Commercial land
    • 3.88 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 15, 2023
    $212,000
    Location Intelligence
    Property ID
    US80-2471499
    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

    Lot size
    3.88 lot acres
    Property type
    Commercial land
    APN
    084111 06501
    APU
    8411106501

    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
    -89.7967
    Latitude
    35.4404
    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
    $944
    $29,400
    $0.00
    $29,400
    -
    $73,500
    $0.00
    $73,500

    Comparable in this City

    • Value Estimation by Request
      1.64 Acres

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      VACANT COMMERCIAL LAND • 1.64 Acres
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    • Value Estimation by Request
      1.04 Acres

      Munford Ave

      VACANT COMMERCIAL LAND • 1.04 Acres
      Munford Ave, Munford, TN 38058
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    • Value Estimation by Request
      1.39 Acres

      15947 Hwy 51st S

      VACANT COMMERCIAL LAND • 1.39 Acres
      15947 Hwy 51st S, Munford, TN 38058
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      3.97 Acres

      Quinton Dr

      VACANT COMMERCIAL LAND • 3.97 Acres
      Quinton Dr, Munford, TN 38058
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    • Value Estimation by Request
      40.00 Acres

      Hwy 51st S

      VACANT COMMERCIAL LAND • 40.00 Acres
      Hwy 51st S, Munford, TN 38058
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    • Value Estimation by Request
      2.54 Acres

      Quinton Dr

      VACANT COMMERCIAL LAND • 1,260 SF
      Quinton Dr, 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.
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    • Contact for pricing
      42.00 Acres

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    • $65,000
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    • $50,000
      1.13 Acres

      Spacious Lot in Downtown Munford

      1.13 acre lot in the heart of downtown Munford.
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      0.33 Acres

      Land For Sale, Munford, TN

      Land for sale in South Tipton County with city sewer.
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    • $799,000

      Prime Munford Commercial Space

      Renovated 6000+ sq ft, Hwy 51 access
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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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