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    Property profile & analytics

    Railroad St Selmer, TN 38375

    • Auto shops
    • 4,896 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 12, 2021
    $30,000
    Location Intelligence
    Property ID
    US80-2501959
    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

    • Auto shops

    Property Details for Railroad St

    Year built
    1944
    Lot size
    1.01 lot acres
    Property size
    4,896 SF
    Zone code
    M1
    Property type
    Auto shops
    APN
    055089E B 00300
    APU
    055089EB00300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selmer
    County
    Mcnairy
    State
    Tennessee
    Longitude
    -88.5892
    Latitude
    35.1705

    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
    $687
    $10,880
    $20,320
    $31,200
    -
    $27,200
    $50,800
    $78,000

    Comparable in this City

    • Value Estimation by Request
      4,560 SF

      Ct Ave

      AUTO REPAIR, GARAGE • 4,560 SF
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      1,340 SF

      119 Jones St

      AUTO REPAIR, GARAGE • 1,340 SF
      119 Jones St, Selmer, TN 38375-3211
      View Details
    • Value Estimation
      $115,000
      2,755 SF

      720 Mulberry Ave

      AUTO REPAIR, GARAGE • 2,755 SF
      720 Mulberry Ave, Selmer, TN 38375-2332
      View Details
    • Value Estimation by Request
      5,367 SF

      Ct Ave

      AUTO REPAIR, GARAGE • 5,367 SF
      Ct Ave, Selmer, TN 38375
      View Details
    • Value Estimation
      $520,000
      2,713 SF

      375 Mulberry Ave

      AUTO REPAIR, GARAGE • 2,713 SF
      375 Mulberry Ave, Selmer, TN 38375-2305
      View Details
    • Value Estimation
      $470,000
      3,840 SF

      694 Mulberry Ave

      AUTO REPAIR, GARAGE • 3,840 SF
      694 Mulberry Ave, Selmer, TN 38375-3241
      View Details

    Similar Nearby for Sale

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      Downtown Selmer Corner Cafe

      Established corner cafe in downtown Selmer, Tennessee, for sale.
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    • $200,000
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      Versatile Flex Space in Selmer

      8,000 SF flex space on 0.86 acres in Selmer, TN.
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    • $189,999
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      Prime Commercial Land in Selmer

      5-acre commercial land parcel in the heart of Selmer, TN.
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      Commercial Building in Selmer, TN

      2600 sqft commercial building with multiple office/exam rooms for sale.
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    • Contact for pricing
      1.00 Acre

      Land for Sale in Selmer

      Acreage in Selmer, TN, convenient to schools and shopping.
      AND APRIL Lake Trail Loop, Selmer, TN 38375
      View Details
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    Railroad St
    Selmer, TN 38375
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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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