Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
116 Nicole Ct Maryville, TN 37801-0587
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1406357
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,000 SF
Lot
1.26 ac (54,886 SF)
Zoning code
BT
APN
005078 06605
UPID
US80-1406357
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
-
H&H Towing & Recovery Auto Repair Shop
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
Pitzberg Holdings LLC · 3 yrs held
Pitzberg Holdings LLC
since 2022
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
BT · Maryville, 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 Maryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryville 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
$2,841
Tax year 2022
Assessed value
$156,160
Assessed 2023
Previous assessed
$115,040
+35.7% YoY
Effective rate
1.82%
On assessed value
Assessed land
$95,840
Assessed improvement
$60,320
Land market value
$239,600
Improvement market value
$150,800
Total market value
$390,400
Applied tax rate
5.0000
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Bathrooms
1
Total area
5,000 SF
Lot
1.26 ac (54,886 SF)
Zoning code
BT
APN
005078 06605
UPID
US80-1406357
Jurisdiction
BLOUNT
Zoning & alternative use
BT · Maryville, TN
Zoning BT · permitted uses
BT · Maryville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maryville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Bathrooms
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Pitzberg Holdings LLC
Entity
Mailing address
3214 CLOVER HL RDG RD, MARYVILLE, TN 37801-9524
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
—
Pitzberg Holdings LLC
—
Deed
related
$500,000 · Wachter David C
Sep 13, 2022
$300,000
Pitzberg Holdings LLC
David C Wachter
Warranty Deed
$300,000 · Wachter David C
May 21, 2013
$280,000
David C Wachter
Sexton,raymond L JR
Warranty Deed
—
Mar 26, 2013
—
Raymond L Sexton JR
Robbins,dean
Quit Claim Deed
related
—
Jan 21, 2010
$263,000
Robbins,dean
Owner Name Unavailable
Warranty Deed
—
Feb 14, 2006
—
Russell,charles & Johnny A
Russell & Abbott Heating & Air
Quit Claim Deed
related
—
Mar 14, 1994
$28,500
And Abbott Russell
Unknown,
Grant Deed
$35,000 · First Tn Bkng NA
May 14, 1993
$28,500
Russell,& Abbott Heating
Unknown
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 116 Nicole Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
