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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Warehouses
169 Belcher Rd, Sweetwater, TN 37874-5229
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0057514
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
FRAME
Total area
8,150 SF
Lot
6.59 ac (287,060 SF)
APN
062015 00900
UPID
US80-0057514
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
-
Shadow Trailer World of Tennessee Car Dealership
-
McKeever RV Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$522k
Blend (final)
Blend
$865k
Owner & transaction history
Kerry Dean Mckeever · 4 yrs held
Kerry Dean Mckeever
since 2022
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$865,000
+122.7%
Restaurant
$835,000
+115.9%
Retail stores
$640,000
+65.5%
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 Sweetwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sweetwater 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
$945,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$865,000
Change: +123% · Conversion: Difficult
RESTAURANT
$835,000
Change: +116% · Conversion: Difficult
RETAIL STORES
$640,000
Change: +66% · Conversion: Moderate
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $850k (Jan 21 2022)
Last sale anchor
$850k
Jan 21 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
$106 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,083
Tax year 2022
Assessed value
$252,840
Assessed 2023
Previous assessed
$137,680
+83.6% YoY
Effective rate
1.22%
On assessed value
Assessed land
$27,040
Assessed improvement
$225,800
Land market value
$67,600
Improvement market value
$564,500
Total market value
$632,100
Applied tax rate
62.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2005
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
8,150 SF
Lot
6.59 ac (287,060 SF)
APN
062015 00900
UPID
US80-0057514
Jurisdiction
MONROE
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
$865,000
RESTAURANT
Est. value
$835,000
RETAIL STORES
Est. value
$640,000
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
2005
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
6.59 ac
Current owner
From public records · entity-resolved
Kerry Dean Mckeever
Individual
Mailing address
169 BELCHER RD, SWEETWATER, TN 37874-5229
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
—
Kerry Dean Mckeever
—
Deed
related
$640,000 · South State Bank NA
Jan 21, 2022
$850,000
Kerry Dean Mckeever
Shadow Trailer World LLC
Warranty Deed
$948,500 · Southstate Bank NA
Apr 20, 2020
$900,000
Shadow Trailer World LLC
Cox Trust
Warranty Deed
$720,000 · Hancock Whitney Bk
Jun 15, 2015
—
Cox Trust
Gary M Cox
Quit Claim Deed
related
—
Jun 4, 2015
—
Gary M Cox
—
Trustees Deed
related
$50,000 · Southeast Bk
Jun 13, 2008
—
Gary M Cox
—
Trustees Deed
related
$65,000 · Branch Banking & Trust Co
Apr 1, 2005
$235,000
Gary M Cox
Jennings,h R
Warranty Deed
—
Jan 14, 1992
$150,000
Cornelia Corp
Unknown
Grant Deed
—
—
—
Gary M Cox
—
Deed Of Trust
related
$516,000 · Southeast Bk
—
—
Gary M Cox
—
Deed Of Trust
related
$300,000 · Branch Banking & Trust Co
—
—
Gary M Cox
—
Deed Of Trust
related
$430,000 · Branch Banking & Trust Co
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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