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Property profile & analytics
OFF-MARKET
Commercial real estate
3894 Old Middlesboro Hwy, Speedwell, TN 37870
Individually Owned
9-yr Hold
Property ID
US80-1114557
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.77 ac (77,101 SF)
APN
058 07300
UPID
US80-1114557
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
by Request
Owner & transaction history
Wells Springs Boat Storage · 9 yrs held
Wells Springs Boat Storage
since 2017
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 Speedwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Speedwell 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
Property tax & assessments
Assessed value
$124,320
Assessed 2023
Previous assessed
$124,320
+0.0% YoY
Assessed land
$7,720
Assessed improvement
$116,600
Land market value
$19,300
Improvement market value
$291,500
Total market value
$310,800
Applied tax rate
7.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.77 ac (77,101 SF)
APN
058 07300
UPID
US80-1114557
Jurisdiction
CAMPBELL
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
Heating
NONE
Lot
1.77 ac
Current owner
From public records · entity-resolved
Wells Springs Boat Storage
Individual
Mailing address
1629 DOAKS CRK RD, SPEEDWELL, TN 37870-8014
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2020
—
Well Spring Boat Storage LLC
—
Deed
related
$225,000 · Community Trust Bank INC
Jun 20, 2017
—
Wells Springs Boat Storage
Mullens,james R
Quit Claim Deed
related
—
May 20, 2016
—
James R Mullens
—
Deed
related
$195,238 · Community Tr Bk
Sep 26, 2007
$45,000
James R Mullens
Peters,diane M
Warranty Deed
$103,590 · First National Bank
Jan 17, 2007
$30,000
Diane M Peters
Mullens,james R & Joyce M
Warranty Deed
—
—
—
James R Mullens
—
Deed Of Trust
related
$124,237 · Quicken Loans INC
—
—
James R Mullens
—
Loan Modification
related
$195,238 · Community Tr Bk
—
—
James R Mullens
—
Deed Of Trust
related
$103,500 · Taylor Bean & Whitaker Mtg
—
—
James R Mullens
—
Deed Of Trust
related
$133,292 · Taylor Bean & Whitaker Mtg
—
—
James Mullens
—
Deed Of Trust
related
—
—
—
James R Mullens
—
Deed Of Trust
related
$133,292 · * Other Institutional Lenders
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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