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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Manufacturing properties
1920 Fisk Rd, Cookeville, TN 38506-5010
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0078220
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1969
Construction
FRAME
Total area
27,534 SF
Lot
4.42 ac (192,535 SF)
Zoning code
HM
APN
071040D B 01100
UPID
US80-0078220
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
-
Aphena Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$705k
Owner & transaction history
1920 Fisk LLC · 1 yrs held
1920 Fisk LLC
since 2025
7 recorded transactions
Zoning & alternative use
HM · Cookeville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$955,000
+141.0%
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
by Request
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$955,000
Change: +141% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
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
$26 / 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
$26,693
Tax year 2022
Assessed value
$810,840
Assessed 2023
Previous assessed
$810,840
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$99,000
Assessed improvement
$711,840
Land market value
$247,500
Improvement market value
$1,779,600
Total market value
$2,027,100
Applied tax rate
71.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
12
Total area
27,534 SF
Lot
4.42 ac (192,535 SF)
Zoning code
HM
APN
071040D B 01100
UPID
US80-0078220
Jurisdiction
PUTNAM
Zoning & alternative use
HM · Cookeville, TN
Zoning HM · permitted uses
HM · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cookeville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$955,000
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
1969
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
12
Lot
4.42 ac
Current owner
From public records · entity-resolved
1920 Fisk LLC
Entity
Mailing address
PO BOX 867, COOKEVILLE, TN 38503-0867
Ownership since
2025
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
Feb 24, 2025
—
1920 Fisk LLC
Heritage Commercial Holdings Gp
Quitclaim Deed
related
$1,900,000 · Symetra Life Insurance Co
Jul 8, 2022
—
Heritage Commercial Holdings G P
—
Deed
related
$1,100,000 · Wilson Bank & Trust
Apr 7, 2022
—
Heritage Commercial Holdings Gp
—
Deed
related
$2,900,000 · Mountain Community Bank
Feb 23, 2006
—
Heritage Coml Holdings LLC
Parks,j D & Lissa
Quit Claim Deed
related
—
Jun 21, 2005
$2,000,100
Parks J D
Radcom LLC
Warranty Deed
—
Mar 1, 2004
$1,000,000
Radcom LLC
Metcom INC
Grant Deed
—
—
—
Prepak Systems INC
—
Deed Of Trust
related
$16,250,000 · Wells Fargo Bank
—
—
Radcom LLC
—
Deed Of Trust
related
$750,000 · Bank Of Putnam County
—
—
J D Parks
—
Deed Of Trust
related
$1,500,000 · First Tennessee Bank National
—
—
Heritage Coml Holdings LLC
—
Deed Of Trust
related
$1,550,000 · American Bank & Tr Cumberland
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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