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Property profile & analytics
OFF-MARKET
Estimated value
$6,400,000
Warehouses
296 Walmart Dr Soddy Daisy, TN 37379-5022
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1130233
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Total area
63,040 SF
Lot
29.93 ac (1,303,751 SF)
Zoning code
A
APN
057 043
UPID
US80-1130233
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.40M
CAP Approach
CAP
$8.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.40M
Owner & transaction history
Tnu3519sy LP · 2 yrs held
Tnu3519sy LP
since 2024
Last sale
$6.4M
7 recorded transactions
Zoning & alternative use
A · Soddy Daisy, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.7M
+122.9%
Retail stores
$7.5M
+72.6%
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 Soddy Daisy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Soddy Daisy 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
$6,400,000
ML approach
$6,400,000
CAP Approach
CAP Return
Estimation
6%
$9,175,000
6.5%
$8,470,000
7%
$7,865,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,340,000
Current use
COMMERCIAL (GENERAL)
$9,670,000
Change: +123% · Conversion: Difficult
RETAIL STORES
$7,485,000
Change: +73% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,840,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$6.40M
Range $5.76M – $7.04M · ±10% · vs last sale $6.40M (Jun 18 2024)
Last sale anchor
$6.40M
Jun 18 2024
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
$102 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$31,180
Tax year 2023
Assessed value
$915,720
Assessed 2023
Previous assessed
$915,720
+0.0% YoY
Effective rate
3.40%
On assessed value
Land market value
$272,700
Improvement market value
$2,026,500
Total market value
$2,299,200
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Heating
YES
Buildings
4
Stories
1
Total area
63,040 SF
Lot
29.93 ac (1,303,751 SF)
Zoning code
A
APN
057 043
UPID
US80-1130233
Jurisdiction
HAMILTON
Zoning & alternative use
A · Soddy Daisy, TNZoning A · permitted uses
A · Soddy Daisy, TN
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
$4.3M
COMMERCIAL (GENERAL)
Est. value
$9.7M
RETAIL STORES
Est. value
$7.5M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1999
Heating
YES
Stories
1
Buildings
4
Lot
29.93 ac
Current owner
From public records · entity-resolved
Tnu3519sy LP
Entity
Mailing address
6001 WINDHAVEN PKWY STE #210, PLANO, TX 75093-8022
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$6,400,000
Tnu3519sy LP
Charisma Storage LLC
Special Warranty Deed
$325,000,000 · Bank Of Montreal
Jul 9, 2021
—
Charisma Storage LLC
Charisma Jubilee LLC
Quit Claim Deed
related
—
Sep 29, 2017
—
Charisma Jubilee LLC
—
Trustees Deed
related
$300,000 · Tennessee Vly FCU
Feb 17, 2015
$1,350,000
Charisma Jubilee LLC
Gentry Holdings INC
Warranty Deed
$1,101,553 · Cornerstone Community Bank
Sep 17, 2013
$1,300,000
Gentry Holdings INC
Gibraltar Partners Co
Warranty Deed
$1,040,000 · Cornerstone Community Bank
Oct 4, 2010
—
Gibraltar Partners Co
—
Deed Of Trust
related
$1,748,400 · Cornerstone Community Bank
Jun 5, 2009
—
Gibraltar Partners Co
Gibraltar Partners
Quit Claim Deed
related
—
Mar 14, 2001
—
Gibraltar Partners LP
Spangler,benton
Grant Deed
related
—
Aug 31, 1999
—
Benton F Spangler
The Title Guaran
Grant Deed
related
—
May 12, 1998
$36,000
Title Guaranty & Trust Co
Title,guaranty
Grant Deed
related
—
—
—
Gibraltar Partners Co
—
Deed Of Trust
related
$100,000 · Cornerstone Community Bank
—
—
Gibraltar Partners
—
Deed Of Trust
related
$1,850,000 · Cornerstone Community Bank
—
—
Gibraltar Partners Co
—
Deed Of Trust
related
$100,000 · Cornerstone Community Bank
—
—
Gibraltar Partners
—
Deed Of Trust
related
$300,000 · Cornerstone Community Bank
—
—
Gibraltar Partners
—
Deed Of Trust
related
$250,000 · Cornerstone Community 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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