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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Manufacturing properties
297 Industrial Park Rd Dunlap, TN 37327-4336
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-1717495
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
41,846 SF
Lot
3.8 ac (165,528 SF)
Zoning code
FLOOD
APN
077041 04230
UPID
US80-1717495
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
-
Dunlap Industries, Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
Dunlap Industries INC · 7 yrs held
Dunlap Industries INC
since 2018
7 recorded transactions
Zoning & alternative use
FLOOD · Dunlap, TN
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 Dunlap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunlap 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,960,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±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
$46 / 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
$8,794
Tax year 2023
Assessed value
$364,200
Assessed 2023
Previous assessed
$196,520
+85.3% YoY
Effective rate
2.41%
On assessed value
Assessed land
$32,240
Assessed improvement
$331,960
Land market value
$80,600
Improvement market value
$829,900
Total market value
$910,500
Applied tax rate
77.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
6
Total area
41,846 SF
Lot
3.8 ac (165,528 SF)
Zoning code
FLOOD
APN
077041 04230
UPID
US80-1717495
Jurisdiction
SEQUATCHIE
Zoning & alternative use
FLOOD · Dunlap, TNZoning FLOOD · permitted uses
FLOOD · Dunlap, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ZONING ORDINANCE
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$3.0M
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
6
Lot
3.8 ac
Current owner
From public records · entity-resolved
Dunlap Industries INC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 459, DUNLAP, TN 37327-0459
Ownership since
2018
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
Oct 11, 2018
$295,100
Dunlap Industries INC
Galloway,carol
Warranty Deed
—
Sep 17, 2010
$462,500
Dunlap Industries INC
Citizens Cmnty Bk
Warranty Deed
$312,500 · Mountain Vly Nat'l Bk
Jun 28, 2010
$210,000
Galloway,carol
Citizens Community Bank
Warranty Deed
—
Feb 18, 2010
$120,000
Barr,ronald
Citizens Cmnty Bk
Warranty Deed
—
Nov 20, 2009
$700,000
Citizens Cmnty Bk
Fetters Ryan F
Trustees Deed
related
—
Jun 20, 2003
—
High Country Archery INC
Land Spencer
Grant Deed
related
—
Jun 8, 1990
$235,000
Spencer D/b/a Land
Unknown
Grant Deed
—
Feb 17, 1988
$200,000
Industrial Development
Unknown,
Grant 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.
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