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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Warehouses
10 Davidson Rd Athens, TN 37303-4864
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3202676
Property summary
AI-generated overview
This exceptional 2.47-acre commercial land parcel is ideally situated at 10 Davidson Rd, Athens, TN 37303, in McMinn County. Offered at $120,000, this represents a compelling unit price of $48,583 per acre. The property's APN is 054066I A 01300. Currently vacant, this land presents a unique opportunity for various commercial ventures. Its location within the Athens MSA makes it easily accessible and attractive for businesses seeking a strategic foothold in this thriving area. The sale terms are cash to the seller. Prospective buyers are encouraged to conduct their own due diligence regarding permitted uses and zoning regulations. This property is ready for development and offers significant potential for future growth and return on investment. Serious inquiries are welcome. The property is listed as active and ready for immediate purchase.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Total area
11,000 SF
Lot
2.47 ac (107,593 SF)
APN
054066I A 01300
UPID
US80-3202676
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Athens Self Storage Inc. Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$777k
Blend (final)
Blend
$810k
Owner & transaction history
Gcb Athens Properties LLC · 4 yrs held
Gcb Athens Properties LLC
since 2022
Last sale
$770,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+27.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$855,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$850,000
Current use
COMMERCIAL (GENERAL)
$1,080,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$835,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $770k (Feb 25 2022)
Last sale anchor
$770k
Feb 25 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$74 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,439
Tax year 2023
Assessed value
$116,720
Assessed 2023
Previous assessed
$102,880
+13.5% YoY
Effective rate
2.09%
On assessed value
Assessed land
$19,840
Assessed improvement
$96,880
Land market value
$49,600
Improvement market value
$242,200
Total market value
$291,800
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
3
Total area
11,000 SF
Lot
2.47 ac (107,593 SF)
APN
054066I A 01300
UPID
US80-3202676
Jurisdiction
MCMINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$835,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
3
Lot
2.47 ac
Current owner
From public records · entity-resolved
Gcb Athens Properties LLC
Entity
Mailing address
15520 ROCKFIELD BLVD STE G, IRVINE, CA 92618-2792
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
$770,000
Gcb Athens Properties LLC
A Glenavern Monroe Living Trust
Warranty Deed
$770,000 · A Glenavern Monroe Living Trust
May 5, 2008
$405,000
Monroe Glenavern Living Trust
Hammond,marvin & Rose
Warranty Deed
—
—
—
Monroe,a Glenavern Living Trust
—
Deed Of Trust
related
$253,000 · Branch Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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