2516 MemorialSpringfield, TN 37172

  • Retail properties
  • 36,737 SF
Off market

Property Details for 2516 Memorial

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
8.55 AC
Property size (Sq ft)
36,737 SF
Property type
Retail properties
Property subtype
Auto shops
APN
074091E A 00900
APU
074091EA00900

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,329,197
    6.5%
    $8,611,567
    7%
    $7,996,455
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,969,049
    Geo Method
    $7,969,049
  • Alternative Use

    Use
    Valuation
    Residential
    $7,264,179
    Hospitality
    $6,653,949
    Educational
    $5,536,008
    Medical
    $5,726,399
    Retail
    $8,611,567
2516 Memorial, Springfield, Tennessee

Location Insight

City
Springfield
County
Robertson
State
Tennessee
Latitude
36.4897
Longitude
-86.8665
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 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
0
-
$752,400
$1,186,760
$1,939,160
-
$1,881,000
$2,966,900
$4,847,900

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