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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Warehouses
1615 Welch St Brownsville, TN 38012-2334
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0095206
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
67,290 SF
Lot
13.58 ac (591,545 SF)
Zoning code
GI
APN
067 03205
UPID
US80-0095206
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
-
Best Metal Cabinets General Contractor
-
Softball Field Sports Field & Court
-
Steel Cabinets USA General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Steel Cabinets USA INC · 9 yrs held
Steel Cabinets USA INC
since 2016
7 recorded transactions
Zoning & alternative use
GI · Brownsville, 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 Brownsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brownsville 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
$21 / 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
$372,040
Assessed 2023
Previous assessed
$372,040
+0.0% YoY
Assessed land
$70,760
Assessed improvement
$301,280
Land market value
$176,900
Improvement market value
$753,200
Total market value
$930,100
Applied tax rate
38.0000
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Bathrooms
6
Total area
67,290 SF
Lot
13.58 ac (591,545 SF)
Zoning code
GI
APN
067 03205
UPID
US80-0095206
Jurisdiction
HAYWOOD
Zoning & alternative use
GI · Brownsville, TN
Zoning GI · permitted uses
GI · Brownsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brownsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Bathrooms
6
Lot
13.58 ac
Current owner
From public records · entity-resolved
Steel Cabinets USA INC
Entity
Mailing address
1615 WELCH ST, BROWNSVILLE, TN 38012-2334
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Nov 2, 2016
$350,000
Steel Cabinets USA INC
Industrial Dev Board Of City/brow
Warranty Deed
—
Oct 4, 2016
—
Industrial Dev Board Of City & Brow
Industrial Dev Board Of City/brow
Quit Claim Deed
related
—
Jan 25, 2005
$525,000
Industrial Development
Owner,record
Grant Deed
related
—
Oct 16, 1996
$525,000
Best Metals Cabinet INC
Best,metals Cabi
Trustees Deed
related
—
Oct 16, 1996
$52,500
Best,make Cabinets
Best,metal Cabin
Trustees Deed
related
—
Oct 15, 1996
—
Dev Board Industrial
Best,metal Cabin
Grant Deed
related
—
Aug 6, 1992
$250,000
Roinco Manufacturing INC
Unknown
Grant Deed
—
—
—
Industrial Dev Board Of City/brow
—
Deed Of Trust
related
$457,069 · Insouth Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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