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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Manufacturing properties
350 Magnolia Dr Mt Pleasant, TN 38474-1083
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-1569355
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
FRAME
Total area
106,400 SF
Lot
20 ac (871,200 SF)
APN
060127 02503
UPID
US80-1569355
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
-
GCP Applied Technologies Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$1.59M
Owner & transaction history
Gcp Applied Technologies INC · 10 yrs held
Gcp Applied Technologies INC
since 2016
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 Mt Pleasant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mt Pleasant 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
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,045,000
Current use
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±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
$15 / 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
$62,728
Tax year 2023
Assessed value
$1,742,440
Assessed 2023
Previous assessed
$1,742,440
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$176,000
Assessed improvement
$1,566,440
Land market value
$440,000
Improvement market value
$3,916,100
Total market value
$4,356,100
Applied tax rate
60.0000
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
1989
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
9
Total area
106,400 SF
Lot
20 ac (871,200 SF)
APN
060127 02503
UPID
US80-1569355
Jurisdiction
MAURY
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
INDUSTRIAL (GENERAL) 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
1989
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
9
Lot
20 ac
Current owner
From public records · entity-resolved
Gcp Applied Technologies INC
Entity
Free & Clear · 10 yrs held
Mailing address
2325 LAKEVIEW PKWY STE #450, ALPHARETTA, GA 30009-7941
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2018
—
Gcp Applied Technologies INC
—
Deed
related
$350,000 · Deutsche Bk Ag/ny Branch
May 5, 2016
—
Gcp Applied Technologies INC
—
Deed
related
$275,000,000 · Deutsche Bk Ag/ny Branch
Feb 1, 2016
—
Gcp Applied Technologies INC
W R Grace & Co-conn
Quit Claim Deed
related
—
Oct 19, 2011
$1,000
W R Grace & Co-conn
Industrial Dev Board Of City/mt P
Grant Deed
related
—
Dec 13, 2006
—
Industrial Dev Board Of City/mt P
W R Grace & Co-conn
Grant Deed
related
—
Jan 24, 2006
—
Agc Automotive Tennessee INC
Afg Industries INC
Quit Claim Deed
related
—
Jan 24, 2006
$2,300,000
Wr Grace & Co-conn
Agc Automotive Tennessee INC
Grant Deed
—
May 3, 1989
$119,170
P Technoglass A
Unknown,
Grant Deed
—
—
—
W R Grace & Co-conn
—
Deed Of Trust
related
$700,000,000 · Goldman Sachs Bk USA
—
—
Wr Grace & Co-conn
—
Loan Modification
related
—
—
—
Gcp Applied Technologies INC
—
Deed Of Trust
related
$275,000,000 · Deutsche Bk Ag/ny Branch
—
—
Gcp Applied Technologies INC
—
Loan Modification
related
$350,000 · Deutsche Bk Ag/ny Branch
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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