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Property profile & analytics
OFF-MARKET
Manufacturing properties
3540 Castle Ln, Alcoa, TN 37701-3202
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1843120
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Construction
FRAME
Total area
13,436 SF
Lot
1.94 ac (84,506 SF)
Zoning code
F
APN
005018I A 00400
UPID
US80-1843120
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
-
Gillenwater Flooring Center Inc Carpet & Flooring Store Hardware & Home Improvement
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
North Blount Partners LLC · 3 yrs held
North Blount Partners LLC
since 2023
Last sale
$540,000
4 recorded transactions
Zoning & alternative use
F · Alcoa, 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 Alcoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alcoa 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 2022Property tax & assessments
Tax year 2022
Tax billed
$15,466
Tax year 2022
Assessed value
$278,800
Assessed 2023
Previous assessed
$326,280
-14.6% YoY
Effective rate
5.55%
On assessed value
Assessed land
$74,920
Assessed improvement
$203,880
Land market value
$187,300
Improvement market value
$509,700
Total market value
$697,000
Applied tax rate
5.0000
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
Off-Market
Year built
1980
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
2
Total area
13,436 SF
Lot
1.94 ac (84,506 SF)
Zoning code
F
APN
005018I A 00400
UPID
US80-1843120
Jurisdiction
BLOUNT
Zoning & alternative use
F · Alcoa, TN
Zoning F · permitted uses
F · Alcoa, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alcoa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
North Blount Partners LLC
Entity
Mailing address
3540 CASTLE LN, ALCOA, TN 37701-3202
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
—
North Blount Partners LLC
—
Deed
related
$850,000 · Commercial Bank
Feb 1, 2023
$540,000
North Blount Partners LLC
Timothy F Neal
Special Warranty Deed
$550,000 · Commercial Bank
Aug 19, 2004
$90,460
Bat Ptshp
Bat Ptshp
Grant Deed
related
—
Aug 18, 2004
—
Bat Ptshp
Smith,rufus H JR
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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