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Property profile & analytics
OFF-MARKET
Estimated value
$5,480,000
Manufacturing properties
170 Technology Dr Sparta, TN 38583-3265
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-2429504
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2016
Construction
FRAME
Total area
100,000 SF
Lot
9.09 ac (395,960 SF)
APN
093009 02601
UPID
US80-2429504
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
$5.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.48M
Owner & transaction history
Wlbp Sparta 2 LLC · 4 yrs held
Wlbp Sparta 2 LLC
since 2022
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
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 Sparta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sparta 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
$5,440,000
ML approach
$5,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$8,565,000
Change: 0% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,320,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$5.48M
Range $4.93M – $6.03M · ±10% · vs last sale $5.50M (Apr 7 2022)
Last sale anchor
$5.50M
Apr 7 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
$55 / 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
$58,769
Tax year 2021
Assessed value
$1,344,200
Assessed 2023
Previous assessed
$1,344,200
+0.0% YoY
Effective rate
4.37%
On assessed value
Assessed land
$72,720
Assessed improvement
$1,271,480
Land market value
$181,800
Improvement market value
$3,178,700
Total market value
$3,360,500
Applied tax rate
93.0000
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
2016
Construction
FRAME
Heating
NONE
Stories
1
Total area
100,000 SF
Lot
9.09 ac (395,960 SF)
APN
093009 02601
UPID
US80-2429504
Jurisdiction
WHITE
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
RETAIL STORES
Est. value
$8.6M
WAREHOUSE, STORAGE
Est. value
$4.3M
RETAIL STORES
WAREHOUSE, STORAGE
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
2016
Construction
FRAME
Heating
NONE
Stories
1
Lot
9.09 ac
Current owner
From public records · entity-resolved
Wlbp Sparta 2 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
53 W JACKSON BLVD STE #530, CHICAGO, IL 60604-3422
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
—
Wlbp Sparta 2 LLC
Willow Lake Business Park LLC
Quit Claim Deed
related
—
Jan 10, 2022
$5,500,000
575 Technology Drive
Tommy C Fitzgerald Big
Warranty Deed
—
Sep 30, 2021
$5,750,000
Willow Lake Business Park LLC
Tommy C Fitzgerald
Special Warranty Deed
—
Jul 12, 2019
$7,650
White County Tennessee
Fitzgerald,tommy C
Warranty Deed
—
Jul 27, 2016
—
White County Indl Dev Board
White County Tennessee
Quit Claim Deed
related
—
Jul 26, 2016
$222,387
White County Tennessee
Anderson,barbara
Warranty Deed
—
Mar 31, 2016
—
Barbara Anderson
Stoglin,cynthia
Quit Claim Deed
—
Jun 9, 2014
$400
White Countye Tennessee
Stoglin,cynthia A
Warranty Deed
related
—
Mar 15, 2006
—
Anderson,dana & Cynthia
Anderson,raymond & Barbara
Quit Claim Deed
related
—
Mar 15, 2006
$10,500
Anderson,barbara
Anderson,dana & Cynthia
Warranty Deed
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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