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    Property profile & analytics

    Richardson Lndg Rd Drummonds, TN 38023

    • Office Properties & Spaces
    • 1,920 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $55,000
    Last Sale
    Aug 28, 2023
    $10,000
    Location Intelligence
    Property ID
    US80-2580601
    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

    • Office Properties & Spaces

    Property Details for Richardson Lndg Rd

    Year built
    1991
    Lot size
    1.00 lot acres
    Property size
    1,920 SF
    Property type
    Office Properties & Spaces
    APN
    084093 01902
    APU
    8409301902

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Drummonds
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.9111
    Latitude
    35.4634
    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
    $1,135
    $5,200
    $54,160
    $59,360
    -
    $13,000
    $135,400
    $148,400

    Comparable in this City

    • Value Estimation by Request
      7,722 SF

      261 Tate Rd

      OFFICE (GENERAL) • 7,722 SF
      261 Tate Rd, Drummonds, TN 38023-6453
      View Details
    • Value Estimation by Request
      8,300 SF

      2357 Wilkinsville Rd

      OFFICE (GENERAL) • 8,300 SF
      2357 Wilkinsville Rd, Drummonds, TN 38023-2948
      View Details
    • Value Estimation by Request
      12,636 SF

      2600 Gln Spgs Rd

      OFFICE (GENERAL) • 12,636 SF
      2600 Gln Spgs Rd, Drummonds, TN 38023
      View Details
    • Value Estimation by Request
      4,714 SF

      8323 Richardson Lndg Rd

      OFFICE (GENERAL) • 4,714 SF
      8323 Richardson Lndg Rd, Drummonds, TN 38023-6247
      View Details
    • Value Estimation by Request
      1.00 Acre

      2676 Gln Spgs Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      2676 Gln Spgs Rd, Drummonds, TN 38023-6816
      View Details
    • Value Estimation by Request
      7.09 Acres

      Adam St

      MOBILE HOME PARK, TRAILER PARK • 7.09 Acres
      Adam St, Drummonds, TN 38023
      View Details

    Similar Nearby for Sale

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    • $65,000
      5.46 Acres

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      5.46 acres of land zoned for forestry, agriculture, and residential.
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    • $30,000
      1.00 Acre

      Residential Land in Drummonds, TN

      One-acre lot suitable for building a home in Drummonds, TN.
      18257 Hwy, Drummonds, TN 38023
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    • $60,000
      3.50 Acres

      Land on River in Drummonds

      3.5 acres of land on the river in Tipton County.
      59 Hwy, Drummonds, TN 38023
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    • $599,000
      37.66 Acres

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      Land with barn, ponds, and income potential in Drummonds, TN.
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      View Details
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    Drummonds, TN 38023
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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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