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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Warehouses
195 Industrial Park Rd, Sweetwater, TN 37874-3055
Entity Owned
~
Est. High Equity
Property ID
US80-2346942
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
FRAME
Total area
6,000 SF
Lot
0.53 ac (23,087 SF)
Zoning code
M-2
APN
062023 06701
UPID
US80-2346942
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
-
Rearview Systems Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$384k
Blend (final)
Blend
$635k
Owner & transaction history
Nexgen Holdings LLC
Nexgen Holdings LLC
since 2025
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
M-2 · Sweetwater, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$635,000
+122.7%
Restaurant
$615,000
+115.9%
Retail stores
$475,000
+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
$620,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$635,000
Change: +123% · Conversion: Difficult
RESTAURANT
$615,000
Change: +116% · Conversion: Difficult
RETAIL STORES
$475,000
Change: +66% · Conversion: Moderate
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $650k (Dec 23 2025)
Last sale anchor
$650k
Dec 23 2025
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
$4,197
Tax year 2022
Assessed value
$144,800
Assessed 2023
Previous assessed
$115,960
+24.9% YoY
Effective rate
2.90%
On assessed value
Assessed land
$7,800
Assessed improvement
$137,000
Land market value
$19,500
Improvement market value
$342,500
Total market value
$362,000
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
2006
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
1
Total area
6,000 SF
Lot
0.53 ac (23,087 SF)
Zoning code
M-2
APN
062023 06701
UPID
US80-2346942
Jurisdiction
MONROE
Zoning & alternative use
M-2 · Sweetwater, TN
Zoning M-2 · permitted uses
M-2 · Sweetwater, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sweetwater. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$635,000
RESTAURANT
Est. value
$615,000
RETAIL STORES
Est. value
$475,000
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
2006
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Nexgen Holdings LLC
Entity
Mailing address
1422 PRIMROSE LN, FRANKLIN, TN 37064-9332
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$650,000
Nexgen Holdings LLC
Sisu Property Group LLC
Warranty Deed
$552,500 · Jpmorgan Chase Bank NA
Oct 24, 2023
$635,000
Sisu Property Group LLC
Kim L Kinzalow
Warranty Deed
$492,000 · Encore Bank NA
May 19, 2015
$300,000
Kim L Kinzalow
Bryant Manufacturing LLC
Warranty Deed
$300,000 · Bryant Manufacturing LLC
Mar 13, 2015
—
Bryant Manufacturing LLC
—
Trustees Deed
related
$150,000 · Citizens Nat'l Bk
Apr 12, 2013
—
Bryant Manufacturing LLC
—
Trustees Deed
related
$350,000 · Citizens National Bank
Oct 21, 2011
—
Bryant Manufacturing LLC
—
Trustees Deed
related
$250,000 · Citizens National Bank
Mar 26, 2008
—
Bryant Manufacturing LLC
—
Trustees Deed
related
$175,000 · Citizens National Bank
Oct 6, 2005
—
Bryant Manufacturing LLC
—
Trustees Deed
related
$400,000 · Citizens National Bank
Apr 26, 2004
$15,000
Bryant Manufacturing LLC
Isbill,wayne Etal
Grant Deed
—
Nov 12, 2002
$7,500
Wayne Isbill
City Of Sweetwat
Grant Deed
—
—
—
Bryant Manufacturing LLC
—
Deed Of Trust
related
$142,000 · Citizens National 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.
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