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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Manufacturing properties
1090 Industrial Dr, Erwin, TN 37650-3602
Entity Owned
Free & Clear
Property ID
US80-0554727
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
FRAME
Total area
33,750 SF
Lot
16.71 ac (727,888 SF)
Zoning code
M-1
APN
086031H A 00406
UPID
US80-0554727
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
-
Old Hickory Buildings - Erwin, TN Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Ohb Properties LLC
Ohb Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
M-1 · Erwin, 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 Erwin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erwin 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
by Request
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10%
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
$20 / 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
Property tax & assessments
Assessed value
$424,520
Assessed 2023
Previous assessed
$424,520
+0.0% YoY
Assessed land
$187,160
Assessed improvement
$237,360
Land market value
$467,900
Improvement market value
$593,400
Total market value
$1,061,300
Applied tax rate
86.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
33,750 SF
Lot
16.71 ac (727,888 SF)
Zoning code
M-1
APN
086031H A 00406
UPID
US80-0554727
Jurisdiction
UNICOI
Zoning & alternative use
M-1 · Erwin, TN
Zoning M-1 · permitted uses
M-1 · Erwin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erwin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
16.71 ac
Current owner
From public records · entity-resolved
Ohb Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 331973, MURFREESBORO, TN 37133-1973
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
—
Ohb Properties LLC
Old Hickory Buildings LLC
Quitclaim Deed
related
—
Jun 21, 2018
$710,000
Hickory Buildings LLC
C & S Development LLC
Warranty Deed
$603,500 · First Citizens Bank & Trust Co
Jan 4, 2017
$400,000
C & S Dev LLC
Shults Douglas K|masters,kevin & Kimberly
Trustees Deed
—
Jul 1, 2013
$1,000,000
Kevin W Masters
C & S Dev LLC
Warranty Deed
$900,000 · C & S Dev LLC
Aug 22, 2005
$4,000
C & S Dev LLC
Shults,douglas K
Trustees Deed
—
Dec 16, 2004
$1,500,000
Walsh Industries INC
C & S Dev LLC
Warranty Deed
$480,000 · C&s Dev LLC
—
—
C & S Dev LLC
—
Deed Of Trust
related
$600,000 · Eastman Cu
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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