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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Warehouses
388 Williamson Dr Loudon, TN 37774-6561
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-0743572
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
FRAME
Total area
25,932 SF
Lot
15.75 ac (686,070 SF)
Zoning code
M-2
APN
053041 02700
UPID
US80-0743572
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
-
Real Alloy Recycling of Loudon Inc Building Supply Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.89M
Owner & transaction history
Ra Recycling LLC · 8 yrs held
Ra Recycling LLC
since 2018
4 recorded transactions
Zoning & alternative use
M-2 · Loudon, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+161.0%
Commercial (general)
$2.3M
+121.7%
Retail stores
$2.1M
+101.7%
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 Loudon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loudon 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
RESTAURANT
$2,760,000
Change: +161% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,345,000
Change: +122% · Conversion: Difficult
RETAIL STORES
$2,135,000
Change: +102% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,015,000
Change: +91% · Conversion: Easy
MEDICAL BUILDING
$2,010,000
Change: +90% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±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
$73 / 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
Property tax & assessments
Assessed value
$885,000
Assessed 2023
Previous assessed
$885,000
+0.0% YoY
Assessed land
$132,320
Assessed improvement
$752,680
Land market value
$330,800
Improvement market value
$1,881,700
Total market value
$2,212,500
Applied tax rate
53.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
25,932 SF
Lot
15.75 ac (686,070 SF)
Zoning code
M-2
APN
053041 02700
UPID
US80-0743572
Jurisdiction
LOUDON
Zoning & alternative use
M-2 · Loudon, TN
Zoning M-2 · permitted uses
M-2 · Loudon, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loudon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1998
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
1
Rooms
10
Bathrooms
3
Lot
15.75 ac
Current owner
From public records · entity-resolved
Ra Recycling LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3700 PARK E DR STE #300, BEACHWOOD, OH 44122-4399
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2018
$7,247,590
Ra Recycling LLC
Real Alloy Recycling INC
Warranty Deed
—
Sep 12, 2006
—
Aleris International INC
—
Deed Of Trust
related
$2,585,000 · Citicorp North America
—
—
Aleris Recycling INC
—
Deed Of Trust
related
$110,000,000 · General Elec Cap
—
—
Aleris Recycling INC
—
Deed Of Trust
related
$305,000,000 · Wilmington Tr
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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