Technical
Financial
Distress signals
Property profile

1138 Main St Morristown, TN 37814

OFF-MARKET
Other warehouses
Property ID
US80-3550949
4,485 SF 0.28 ac lot Built 1950
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

A light industrial building totaling approximately 4,055 square feet, situated on a 0.28-acre lot on West Main Street, with a warehouse-oriented layout configured for multiple uses including potential retail or showroom application. The space includes dock-high loading and a grade-level drive-in door, along with two restrooms. The property is zoned LI (Light Industrial), supporting a range of commercial and industrial activities such as contractor and service uses, light distribution, storage operations, and equipment-related businesses, and it is designed to provide practical loading and vehicular access.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,485 SF
Lot 0.28 ac (12,197 SF)
APN 032033M C 01000
UPID US80-3550949

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1138 Main St Morristown, TN 37814-4519
Morristown metro Census 100300 MORRISTOWN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2005
4 recorded transactions
2005
$94,356
2004
Price N/A
1994
$26,000
1992
$26,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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