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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Manufacturing properties
1620 Welch St Brownsville, TN 38012-2335
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0390448
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
FRAME
Total area
90,480 SF
Lot
35.92 ac (1,564,675 SF)
Zoning code
GI
APN
074 01802
UPID
US80-0390448
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Stronghold Staffing LLC · 2 yrs held
Stronghold Staffing LLC
since 2024
Last sale
$660,000
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
Method
Estimation
Statistic approach
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $660k (Mar 12 2024)
Last sale anchor
$660k
Mar 12 2024
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
$7 / 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
$458,120
Assessed 2023
Previous assessed
$458,120
+0.0% YoY
Assessed land
$129,600
Assessed improvement
$328,520
Land market value
$324,000
Improvement market value
$821,300
Total market value
$1,145,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
10
Total area
90,480 SF
Lot
35.92 ac (1,564,675 SF)
Zoning code
GI
APN
074 01802
UPID
US80-0390448
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
1979
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
10
Lot
35.92 ac
Current owner
From public records · entity-resolved
Stronghold Staffing LLC
Entity
Free & Clear · 2 yrs held
Mailing address
500 N DUPREE AVE, BROWNSVILLE, TN 38012-1705
Ownership since
2024
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
Nov 15, 2024
—
Southern Industrial Mechanical Main
—
Deed
related
$12,782,500 · Bom Bank
Mar 12, 2024
$660,000
Stronghold Staffing LLC
Southern Industrial Mechanical Main
Special Warranty Deed
—
Jan 13, 2023
$465,375
Southern Industrial Mechanical Main
Joshua B Shearon
Special Warranty Deed
—
Nov 17, 2021
$300,000
Joshua B Shearon
Mtd Consumer Group INC
Special Warranty Deed
—
Nov 17, 2021
—
Haywood County
Joshua B Shearon
Quit Claim Deed
related
$300,000 · Insouth Bank
May 17, 2004
—
Mtd Consumer Group INC
Mtd Independent
Quit Claim Deed
related
—
—
—
Mtd Consumer Group INC
—
Deed Of Trust
related
—
—
—
Mtd Consumer Group INC
—
Loan Modification
related
—
—
—
Mtd Consumer Group INC
—
Deed Of Trust
related
—
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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