Technical
Financial
Distress signals
Property profile

159 Pope Rd Morristown, TN 37813

OFF-MARKET
Warehouses
Property ID
US80-1249365
194,261 SF 12.2 ac lot Built 1953
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 194,261 SF
Lot 12.2 ac (531,432 SF)
APN 032025M K 00500
UPID US80-1249365

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Warehouse & Storage

Location

159 Pope Rd Morristown, TN 37813
Morristown metro Census 100700 MORRISTOWN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.06M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.74M
Blend (final) Blend
$4.06M

Owner & transaction history

since 2021
Last sale
$3.5M
3 recorded transactions
2021
$3.5M
2012
$750,000
2002
$21.3M

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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