New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Manufacturing properties
121 Press Rd, Church Hill, TN 37642-4511
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2097755
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
341,184 SF
Lot
84.74 ac (3,691,274 SF)
Zoning code
R-1
APN
037042 11300
UPID
US80-2097755
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
$2.21M
Owner & transaction history
Phoenix Jcr Ch Hill Indl Invt · 5 yrs held
Phoenix Jcr Ch Hill Indl Invt
since 2020
5 recorded transactions
Zoning & alternative use
R-1 · Church Hill, 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 Church Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Church Hill 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
$6 / 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
$2,213,160
Assessed 2023
Previous assessed
$2,213,160
+0.0% YoY
Assessed land
$593,200
Assessed improvement
$1,619,960
Land market value
$1,483,000
Improvement market value
$4,049,900
Total market value
$5,532,900
Applied tax rate
37.0000
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
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
5
Stories
1
Units
1
Bathrooms
26
Total area
341,184 SF
Lot
84.74 ac (3,691,274 SF)
Zoning code
R-1
APN
037042 11300
UPID
US80-2097755
Jurisdiction
HAWKINS
Zoning & alternative use
R-1 · Church Hill, TN
Zoning R-1 · permitted uses
R-1 · Church Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Church Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Buildings
5
Units
1
Bathrooms
26
Lot
84.74 ac
Current owner
From public records · entity-resolved
Phoenix Jcr Ch Hill Indl Invt
Individual
Mailing address
401 E KILBOURN AVE STE #201, MILWAUKEE, WI 53202-3212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
$5,800,000
Phoenix Jcr Ch Hill Indl Invt
Frog Properties Tn LLC
Grant Deed
—
Oct 12, 2007
—
Natural Gas Utility District Of H
Frog Properties Tn LLC
Warranty Deed
related
—
Oct 11, 2005
$6,038,888
Calpaco Papers INC
Quebecor World Kingsport INC
Grant Deed
—
Oct 11, 2005
—
Frog Properties Tn LLC
Calpaco Papers INC
Quit Claim Deed
related
$5,434,000 · Commercial Bank
—
—
Phoenix Jcr Ch Hill Indl Invt
—
Deed Of Trust
related
$17,975,000 · Wisconsin 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
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 121 Press Rd?
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.