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Property profile & analytics
OFF-MARKET
Warehouses
255 Water NE St Charleston, TN 37310-6404
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0231730
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1920
Total area
8,436 SF
Lot
0.21 ac (9,087 SF)
Zoning code
C
APN
016B B 013.00 000
UPID
US80-0231730
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
-
Total Animal Control Animal Shelter Pet Adoption Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shad Stocking LLC · 2 yrs held
Shad Stocking LLC
since 2023
Last sale
$187,000
7 recorded transactions
Zoning & alternative use
C · Charleston, TN
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 Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charleston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,198
Tax year 2023
Assessed value
$65,440
Assessed 2023
Previous assessed
$65,440
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$21,720
Assessed improvement
$43,720
Land market value
$54,300
Improvement market value
$109,300
Total market value
$163,600
Applied tax rate
6.0000
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
1920
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
0
Total area
8,436 SF
Lot
0.21 ac (9,087 SF)
Zoning code
C
APN
016B B 013.00 000
UPID
US80-0231730
Jurisdiction
BRADLEY
Zoning & alternative use
C · Charleston, TN
Zoning C · permitted uses
C · Charleston, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charleston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
0
Lot
0.21 ac
Current owner
From public records · entity-resolved
Shad Stocking LLC
Entity
Mailing address
255 WATER ST NE, CHARLESTON, TN 37310-6404
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2023
—
Shad Stocking LLC
Melvalene Obrian
Correction Deed
related
—
Jan 3, 2020
$187,000
Shad Stocking LLC
J & Trust
Warranty Deed
$149,600 · Bank Of Cleveland
Nov 4, 2016
$175,000
Jewell Sumrall
Winningham,natalie A
Warranty Deed
—
Nov 16, 2009
$170,000
Natalie A Winningham
Haralson,ted M & Betty J
Warranty Deed
$144,500 · Southern Heritage Bank
Jun 11, 2002
—
Ted M Haralson
C & C Auto Parts
Grant Deed
related
—
—
—
Natalie Winningham
—
Deed Of Trust
related
$133,515 · Southern Heritage Bank
—
—
Ted M Haralson
—
Deed Of Trust
related
$102,293 · Benton Banking Co
—
—
Ted M Haralson
—
Deed Of Trust
related
$15,383 · Benton Banking Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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