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Property profile & analytics
OFF-MARKET
Estimated value
$2,475,000
Warehouses
3885 Hwy 411 Dandridge, TN 37725
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-0852246
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
73,708 SF
Lot
117 ac (5,096,520 SF)
Zoning code
I-1
APN
097 06000
UPID
US80-0852246
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.48M
Owner & transaction history
Phyllis Cannon · 3 yrs held
Phyllis Cannon
since 2022
7 recorded transactions
Zoning & alternative use
I-1 · Dandridge, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ZONING ORDINANCE
Top alternative use upside
Industrial (general)
$3.2M
+13.8%
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 Dandridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dandridge 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
WAREHOUSE, STORAGE
$2,770,000
Current use
INDUSTRIAL (GENERAL)
$3,155,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$2.48M
Range $2.23M – $2.72M · ±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
$34 / 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
$10,825,200
Assessed 2023
Previous assessed
$10,825,200
+0.0% YoY
Assessed land
$702,000
Assessed improvement
$10,123,200
Land market value
$1,755,000
Improvement market value
$25,308,000
Total market value
$27,063,000
Applied tax rate
45.0000
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
9
Stories
1
Units
1
Rooms
9
Bathrooms
37
Total area
73,708 SF
Lot
117 ac (5,096,520 SF)
Zoning code
I-1
APN
097 06000
UPID
US80-0852246
Jurisdiction
JEFFERSON
Zoning & alternative use
I-1 · Dandridge, TNZoning I-1 · permitted uses
I-1 · Dandridge, 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
WAREHOUSE, STORAGE Current
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
9
Units
1
Rooms
9
Bathrooms
37
Lot
117 ac
Current owner
From public records · entity-resolved
Phyllis Cannon
Individual
Free & Clear · 3 yrs held
Mailing address
1016 E WEISGARBER RD, KNOXVILLE, TN 37909-2669
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
Phyllis Cannon
Phyllis Cannon
Intrafamily Transfer
related
—
Jun 10, 2021
—
State Of Tennessee
Bush Brothers & Company
Warranty Deed
—
Feb 15, 2019
—
Christopher C Carden
—
Deed
related
$440,000 · Southern Tr Mtg
Jun 4, 2018
—
Christopher Carden
—
Deed
related
$348,534 · Gateway Mtg
Nov 7, 2007
$1,600
Bobby Reece
Bush Brothers
Warranty Deed
related
—
Apr 29, 2005
$1,000
Kenneth A Russell
Bush Brothers
Warranty Deed
related
—
Mar 31, 2005
$3,600
William Cannon
Bush Brothers
Warranty Deed
—
Jan 30, 2004
$1,000
Big Springs Baptist Church
Bush Brothers &
Grant Deed
related
—
—
—
Christopher C Carden
—
Deed Of Trust
related
$440,000 · Southern Tr Mtg
—
—
Christopher Carden
—
Deed Of Trust
related
$348,534 · Gateway Mtg
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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