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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Warehouses
1999 Gainesboro Grade Cookeville, TN 38501-7767
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0491652
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Total area
6,768 SF
Lot
7.89 ac (343,688 SF)
APN
071039 04500
UPID
US80-0491652
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
-
Affordable Storage Guys - Cookeville Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$640k
Blend (final)
Blend
$645k
Owner & transaction history
Blc Investments LLC · 2 yrs held
Blc Investments LLC
since 2023
Last sale
$24,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$895,000
+86.5%
Retail stores
$790,000
+64.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$900,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$480,000
Current use
COMMERCIAL (GENERAL)
$895,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$790,000
Change: +65% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $25k (Oct 19 2023)
Last sale anchor
$25k
Oct 19 2023
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
$95 / 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
$24,579
Tax year 2022
Assessed value
$1,126,200
Assessed 2023
Previous assessed
$994,280
+13.3% YoY
Effective rate
2.18%
On assessed value
Assessed land
$63,120
Assessed improvement
$1,063,080
Land market value
$157,800
Improvement market value
$2,657,700
Total market value
$2,815,500
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
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Units
1
Total area
6,768 SF
Lot
7.89 ac (343,688 SF)
APN
071039 04500
UPID
US80-0491652
Jurisdiction
PUTNAM
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
WAREHOUSE, STORAGE Current
Est. value
$480,000
COMMERCIAL (GENERAL)
Est. value
$895,000
RETAIL STORES
Est. value
$790,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
2009
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
7.89 ac
Current owner
From public records · entity-resolved
Blc Investments LLC
Entity
Mailing address
1050 EDGEWATER LN, BOWLING GREEN, KY 42104-7849
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
$270,000
Blc Investments LLC
Cas Holdings LLC
Quit Claim Deed
related
—
Oct 13, 2021
—
Cas Holdings LLC
—
Deed
related
$549,488 · The Farmers National Bank Of Danville
Dec 6, 2019
—
Cas Holdings LLC
—
Deed
related
$2,600,000 · Farmers Nat'l Bk
Sep 11, 2018
$2,400,000
Cas Holdings LLC
S-three Properties LLC
Warranty Deed
related
$200,000 · Private Individual
Sep 11, 2018
—
Cas Holding LLC
—
Deed
related
$2,040,000 · F & M Bk NA
May 21, 2018
$24,500
S-three Properties LLC
Dann Martin LLC
Warranty Deed
—
Apr 20, 2018
$25,900
S-three Propeerties LLC
Dyer,richard
Warranty Deed
—
Apr 3, 2018
—
S-three Properties LLC
—
Deed
related
$600,000 · Putnam 1st Mercantile Bk
Sep 6, 2017
—
S Three Properties LLC
—
Deed
related
$294,238 · Putnam 1st Mercantile Bk
Aug 1, 2016
—
S-three Properties LLC
—
Deed
related
$276,145 · Putnam 1st Mercantile Bk
Jun 23, 2010
$150,000
Bob Jennings
Wynn,barbara M
Warranty Deed
$120,000 · American Bank & Tr Cumberland
Oct 15, 2003
$250,000
S-three Properties LLC
Ward,jack & Caro
Grant Deed
—
Jul 12, 1995
$3,500
Mark Thomas
Lafever,richard
Grant Deed
$10,202 · Transfinancial Bank
—
—
S-three Properties LLC
—
Loan Modification
related
—
—
—
S-three Properties LLC
—
Deed Of Trust
related
$50,000 · Jackson Bank & Trust
—
—
S-three Properties LLC
—
Deed Of Trust
related
$600,000 · Putnam 1st Mercantile Bk
—
—
Cas Holding LLC
—
Deed Of Trust
related
$2,040,000 · F & M Bk NA
—
—
S Three Properties LLC
—
Loan Modification
related
$294,238 · Putnam 1st Mercantile Bk
—
—
S-three Properties LLC
—
Deed Of Trust
related
$400,000 · Putnam First Mercantile Bank
—
—
S-three Properties LLC
—
Deed Of Trust
related
$130,000 · Putnam 1st Mercantile Bk
—
—
Grady Stewart
—
Deed Of Trust
related
$33,577 · Jackson Bank & Trust Cookevlle
—
—
S-three Properties LLC
—
Deed Of Trust
related
$276,145 · Putnam 1st Mercantile Bk
—
—
S-three Properties LLC
—
Deed Of Trust
related
$21,087 · Jackson Bank & Trust Cookevlle
—
—
S-three Properties LLC
—
Deed Of Trust
related
$219,687 · Jackson Bank & Trust Cookevlle
—
—
Cas Holdings LLC
—
Deed Of Trust
related
$2,600,000 · Farmers Nat'l Bk
—
—
S-three Properties LLC
—
Deed Of Trust
related
$372,302 · Jackson Bank & Trust Cookevlle
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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