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Property profile & analytics
OFF-MARKET
Estimated value
$5,555,000
Manufacturing properties
1335 Higgs Rd Lewisburg, TN 37091
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-1621984
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,105 SF
Lot
4.71 ac (205,168 SF)
APN
059071F A 02100
UPID
US80-1621984
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
$5.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.56M
Owner & transaction history
Allison Transmission INC · 3 yrs held
Allison Transmission INC
since 2022
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.0M
+558.9%
Restaurant
$3.7M
+307.0%
Retail stores
$3.5M
+284.3%
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 Lewisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewisburg 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
$5,495,000
ML approach
$5,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,045,000
Change: +559% · Conversion: Difficult
RESTAURANT
$3,735,000
Change: +307% · Conversion: Difficult
RETAIL STORES
$3,530,000
Change: +284% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,475,000
Change: +279% · Conversion: Easy
Blend value · Realmo final
$5.56M
Range $5.00M – $6.11M · ±10% · vs last sale $5.55M (Aug 5 2022)
Last sale anchor
$5.55M
Aug 5 2022
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
$126 / 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
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$12,450
Tax year 2021
Assessed value
$259,080
Assessed 2023
Previous assessed
$258,480
+0.2% YoY
Effective rate
4.81%
On assessed value
Assessed land
$17,400
Assessed improvement
$241,680
Land market value
$43,500
Improvement market value
$604,200
Total market value
$647,700
Applied tax rate
59.0000
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Rooms
1
Bathrooms
5
Total area
44,105 SF
Lot
4.71 ac (205,168 SF)
APN
059071F A 02100
UPID
US80-1621984
Jurisdiction
MARSHALL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.0M
RESTAURANT
Est. value
$3.7M
RETAIL STORES
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.5M
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Rooms
1
Bathrooms
5
Lot
4.71 ac
Current owner
From public records · entity-resolved
Allison Transmission INC
Entity
Free & Clear · 3 yrs held
Mailing address
1 ALLISON WAY, INDIANAPOLIS, IN 46222-3271
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
—
Allison Transmission INC
Walker Post Operation INC
Quit Claim Deed
related
—
Nov 30, 2020
—
Allison Transmission INC
Walker Die Casting INC
Quit Claim Deed
related
—
Sep 10, 2019
$500,000
Walker Die Casting INC
Jws LLC
Quit Claim Deed
related
—
Sep 10, 2019
$5,553,180
Allison Transmission INC
Walker Die Casting INC
Grant Deed
—
Jan 17, 2019
$495,000
Jws LLC
Walker Die Casting INC
Warranty Deed
—
Apr 30, 2012
$240,000
Walker Die Casting INC
Impact Centers INC
Warranty Deed
—
Jan 11, 1993
$350,000
Impact Centers INC
Unknown
Grant Deed
—
Dec 3, 1988
$275,000
Kenneth L Robertson
Unknown,
Grant Deed
—
—
—
Impact Centers INC
—
Deed Of Trust
related
$1,400,000 · Bank Of America
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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