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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Warehouses
2455 Smithville Hwy Sparta, TN 38583-5995
Individually Owned
Free & Clear
Property ID
US80-0262464
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
FRAME
Total area
29,600 SF
Lot
3.36 ac (146,362 SF)
APN
093048 04501
UPID
US80-0262464
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
-
Snyder's Tractor and Equipment Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$855k
Owner & transaction history
Thomas & Cheryl Snyder Tn Cmnty Pro
Thomas & Cheryl Snyder Tn Cmnty Pro
since 2026
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
by Request
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,280,000
Current use
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$29 / 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
$3,755
Tax year 2021
Assessed value
$183,160
Assessed 2023
Previous assessed
$183,160
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$22,960
Assessed improvement
$160,200
Land market value
$57,400
Improvement market value
$400,500
Total market value
$457,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
5
Total area
29,600 SF
Lot
3.36 ac (146,362 SF)
APN
093048 04501
UPID
US80-0262464
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
WAREHOUSE, STORAGE Current
Est. value
$1.3M
WAREHOUSE, STORAGE Current
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
1978
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
5
Lot
3.36 ac
Current owner
From public records · entity-resolved
Thomas & Cheryl Snyder Tn Cmnty Pro
Individual
Free & Clear · 0 yrs held
Mailing address
820 MOORE CV RD, QUEBECK, TN 38579-2039
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
—
Thomas & Cheryl Snyder Tn Cmnty Pro
Thomas Eugene Snyder
Deed
related
—
Jun 2, 2025
—
Thomas Eugene Snyder
—
Deed
related
$400,000 · Bedford County
Mar 24, 2025
—
Thomas Snyder
—
Deed
related
$650,000 · United States Small Business Admin
Dec 27, 2024
—
Thomas E Snyder
—
Deed
related
$750,000 · American Bank & Trust Of The Cumberlands
Sep 18, 2018
$300,000
Thomas E Snyder
Watson,michael J & Tracey L
Warranty Deed
$255,000 · Branch Bk&tr
Nov 24, 2015
$295,000
Michael J Watson
Kurt M Phifer
Warranty Deed
$300,000 · American City Bank
May 8, 2001
$262,500
Phifer,kurt M & Ginger L
Goff,david E & J
Trustees Deed
—
May 8, 2001
—
Goff,david E
Lords,table
Trustees Deed
related
—
Jan 10, 1995
—
Lord's Table The
—
Trustees Deed
related
—
Jan 3, 1995
$290,000
Table The Lord's
—
Grant Deed
related
—
Feb 17, 1992
$300,000
Hope Holding Co
Unknown
Grant Deed
—
Jan 17, 1992
$300,000
Hope Holding Company
Unknown,
Grant Deed
—
Nov 5, 1990
$290,000
Citizens Bank Of Sparta
Unknown,
Grant Deed
related
—
—
—
The Lords Table INC
—
Deed Of Trust
related
$295,000 · First Union 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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