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Property profile & analytics
FOR SALE
Warehouses
1075 Willow Industrial Ct Cookeville, TN 38501
Individually Owned
Free & Clear
Property ID
US80-2946616
For Sale
1 / 10
$1,500,000
1075 Willow Industrial Ct, Cookeville, TN 38501
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
FRAME
Total area
19,200 SF
Lot
1.59 ac (69,260 SF)
Zoning code
LM/C3
APN
071065E B 00405
UPID
US80-2946616
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jerry Smith
Jerry Smith
since 2025
Last sale
$265,000
4 recorded transactions
Zoning & alternative use
LM/C3 · Cookeville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,664
Tax year 2022
Assessed value
$281,880
Assessed 2023
Previous assessed
$354,320
-20.4% YoY
Effective rate
4.14%
On assessed value
Assessed land
$90,000
Assessed improvement
$191,880
Land market value
$225,000
Improvement market value
$479,700
Total market value
$704,700
Applied tax rate
71.0000
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
For Sale
Year built
2001
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
2
Total area
19,200 SF
Lot
1.59 ac (69,260 SF)
Zoning code
LM/C3
APN
071065E B 00405
UPID
US80-2946616
Jurisdiction
PUTNAM
Zoning & alternative use
LM/C3 · Cookeville, TN
Zoning LM/C3 · permitted uses
LM/C3 · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cookeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.59 ac
Current owner
From public records · entity-resolved
Jerry Smith
Individual
Free & Clear · 0 yrs held
Mailing address
5151 JESSICA LN, COOKEVILLE, TN 38506-3516
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
$265,000
Jerry Smith
Brian Rush
Warranty Deed
—
Nov 1, 2024
$850,000
Eis Holdings Gp
Danny R Lee
Warranty Deed
—
Nov 13, 2023
—
Danny R Lee
Cynthia Lee
Intrafamily Transfer
related
—
Dec 6, 2017
$860,800
Danny R Lee
Sparrow Ventures General Partnership
Warranty Deed
$731,000 · American 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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