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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Manufacturing properties
356 Industrial Rd Newport, TN 37821-8104
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US80-0239540
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
FRAME
Total area
63,650 SF
Lot
4.67 ac (203,425 SF)
APN
015039 00802
UPID
US80-0239540
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
-
Commercial Millwork & Installation Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Cmi Holdings Ptshp · 17 yrs held
Cmi Holdings Ptshp
since 2009
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 Newport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport 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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$11 / 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
Assessed value
$465,760
Assessed 2023
Previous assessed
$465,760
+0.0% YoY
Assessed land
$18,680
Assessed improvement
$447,080
Land market value
$46,700
Improvement market value
$1,117,700
Total market value
$1,164,400
Applied tax rate
15.0000
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
1972
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
7
Total area
63,650 SF
Lot
4.67 ac (203,425 SF)
APN
015039 00802
UPID
US80-0239540
Jurisdiction
COCKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
7
Lot
4.67 ac
Current owner
From public records · entity-resolved
Cmi Holdings Ptshp
Entity
Mailing address
356 INDUSTRIAL RD, NEWPORT, TN 37821-8104
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2018
—
Cmi Holdings
—
Deed
related
$399,900 · Atlantic Cap Bk
May 20, 2016
—
Cmi Holdings Ptshp
—
Deed
related
$475,221 · Atlantic Cap Bk
Jun 5, 2009
$625,100
Cmi Holdings Ptshp
Bewley Properties INC
Warranty Deed
related
$531,250 · Heritage Community Bank
Apr 3, 2001
$310,000
Bewley Properties
Layman,james D & B
Trustees Deed
—
—
—
Cmi Holdings Ptshp
—
Deed Of Trust
related
$341,500 · Fsg Bank
—
—
Cmi Holdings Ptshp
—
Deed Of Trust
related
$200,000 · Fsg Bank
—
—
Cmi Holdings Ptshp
—
Loan Modification
related
$475,221 · Atlantic Cap Bk
—
—
Cmi Holdings
—
Deed Of Trust
related
$482,344 · First Tennessee Bank National
—
—
Cmi Holdings
—
Loan Modification
related
$399,900 · Atlantic Cap Bk
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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