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Property profile & analytics
FOR SALE
Manufacturing properties
144 River Bend Dr Sevierville, TN 37876
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0085970
For Sale
1 / 2
$3,315,000
144 River Bend Dr, Sevierville, TN 37876
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
28,945 SF
Lot
5.05 ac (219,978 SF)
Zoning code
I-1
APN
078050 07003
UPID
US80-0085970
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
-
PLUTUS Environmental Technologies, Inc. Chemical Plant Factory
-
Candle Cottage Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.53M
Owner & transaction history
Paine Properties LLC · 5 yrs held
Paine Properties LLC
since 2021
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
I-1 · Sevierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.5M
+69.5%
Restaurant
$1.6M
+9.0%
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 Sevierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sevierville 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
$1,570,000
ML approach
$1,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,475,000
Current use
RETAIL STORES
$2,500,000
Change: +69% · Conversion: Moderate
RESTAURANT
$1,610,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.50M (Jan 29 2021)
Last sale anchor
$1.50M
Jan 29 2021
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
$53 / 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
$5,632
Tax year 2021
Assessed value
$380,560
Assessed 2023
Previous assessed
$380,560
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$60,600
Assessed improvement
$319,960
Land market value
$151,500
Improvement market value
$799,900
Total market value
$951,400
Applied tax rate
78.0000
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
For Sale
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
4
Total area
28,945 SF
Lot
5.05 ac (219,978 SF)
Zoning code
I-1
APN
078050 07003
UPID
US80-0085970
Jurisdiction
SEVIER
Zoning & alternative use
I-1 · Sevierville, TN
Zoning I-1 · permitted uses
I-1 · Sevierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sevierville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
RETAIL STORES
Est. value
$2.5M
RESTAURANT
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
4
Lot
5.05 ac
Current owner
From public records · entity-resolved
Paine Properties LLC
Entity
Mailing address
2083 COOLIDGE WAY NW, ACWORTH, GA 30101-6911
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2021
$1,500,000
Paine Properties LLC
Michael E Boyd
Warranty Deed
$500,000 · Regions Bank
Dec 22, 2017
$280,123
Michael E Boyd
Luck,john JR & Gayle
Warranty Deed
—
Nov 16, 2010
—
John Luck JR.
—
Trustees Deed
related
$100,000 · Tennessee State Bank
Feb 11, 2005
$635,000
John Luck JR.
Vamistor Corp Of Tennessee INC
Warranty Deed
$595,000 · Tennessee State Bank
Jun 11, 1991
$689,000
Vamistor Corp Of Tn INC
Unknown
Grant Deed
—
Jul 15, 1988
$23,200
Home Grown Woods INC
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?”
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