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Property profile & analytics
FOR LEASE
Manufacturing properties
2677 Huntington Park Dr, Loudon, TN 37774
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0486874
For Lease
1 / 30
$22,710,000
2677 Huntington Park Dr, Loudon, TN 37774
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2023
Construction
FRAME
Total area
195,274 SF
Lot
17.17 ac (747,925 SF)
APN
053039 03302
UPID
US80-0486874
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
-
Hanon Systems Loudon, TN Bldg 2 Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.71M
Owner & transaction history
Hollingsworth Investments Xvi · 1 yrs held
Hollingsworth Investments Xvi
since 2025
Last sale
$23.6M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$20.8M
+269.8%
Commercial (general)
$17.7M
+214.1%
Retail stores
$16.1M
+185.8%
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 Loudon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loudon 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
$23,400,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,845,000
6.5%
$20,165,000
7%
$18,725,000
Alternative Use
Use
Estimation
RESTAURANT
$20,790,000
Change: +270% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,660,000
Change: +214% · Conversion: Difficult
RETAIL STORES
$16,065,000
Change: +186% · Conversion: Moderate
AUTO REPAIR, GARAGE
$15,185,000
Change: +170% · Conversion: Easy
MEDICAL BUILDING
$15,120,000
Change: +169% · Conversion: Difficult
Blend value · Realmo final
$22.71M
Range $20.44M – $24.98M · ±10% · vs last sale $23.63M (Nov 17 2023)
Last sale anchor
$23.63M
Nov 17 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
$116 / 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
Property tax & assessments
Assessed value
$3,496,320
Assessed 2023
Assessed land
$123,640
Assessed improvement
$3,372,680
Land market value
$309,100
Improvement market value
$8,431,700
Total market value
$8,740,800
Applied tax rate
53.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
2023
Construction
FRAME
Heating
YES
Stories
1
Total area
195,274 SF
Lot
17.17 ac (747,925 SF)
APN
053039 03302
UPID
US80-0486874
Jurisdiction
LOUDON
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
RESTAURANT
Est. value
$20.8M
COMMERCIAL (GENERAL)
Est. value
$17.7M
RETAIL STORES
Est. value
$16.1M
AUTO REPAIR, GARAGE
Est. value
$15.2M
MEDICAL BUILDING
Est. value
$15.1M
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2023
Construction
FRAME
Heating
YES
Stories
1
Lot
17.17 ac
Current owner
From public records · entity-resolved
Hollingsworth Investments Xvi
Entity
Free & Clear · 1 yrs held
Mailing address
2 CTR PLZ, CLINTON, TN 37716-3960
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
—
Hollingsworth Investments Xvi
Hollingsworth Investments Xvi
Quitclaim Deed
related
—
Nov 17, 2023
$23,634,600
Hollingsworth Investments Xvi
Tenn X LLC
Warranty Deed
—
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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