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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Warehouses
40 Florence Rd Savannah, TN 38372-2145
Entity Owned
~
Est. High Equity
Property ID
US80-1856832
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
4,875 SF
Lot
0.64 ac (28,044 SF)
Zoning code
B2
APN
036083A L 00700
UPID
US80-1856832
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
-
Carquest Auto Parts Auto Parts Store
-
NAPA Auto Parts - Parts Center of Savannah LLC Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$546k
Blend (final)
Blend
$550k
Owner & transaction history
Ms Savannah INC
Ms Savannah INC
since 2025
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
B2 · Savannah, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$520,000
+41.9%
Commercial (general)
$420,000
+14.4%
Auto repair, garage
$400,000
+8.3%
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 Savannah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Savannah 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
$365,000
Current use
RETAIL STORES
$520,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$420,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$400,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (May 12 2025)
Last sale anchor
$550k
May 12 2025
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
$113 / 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
Tax billed
$2,990
Tax year 2023
Assessed value
$122,040
Assessed 2023
Previous assessed
$122,040
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$57,880
Assessed improvement
$64,160
Land market value
$144,700
Improvement market value
$160,400
Total market value
$305,100
Applied tax rate
36.0000
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
1990
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
4,875 SF
Lot
0.64 ac (28,044 SF)
Zoning code
B2
APN
036083A L 00700
UPID
US80-1856832
Jurisdiction
HARDIN
Zoning & alternative use
B2 · Savannah, TNZoning B2 · permitted uses
B2 · Savannah, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$365,000
RETAIL STORES
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$420,000
AUTO REPAIR, GARAGE
Est. value
$400,000
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1990
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Ms Savannah INC
Entity
Mailing address
40 FLORENCE RD, SAVANNAH, TN 38372-2145
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2025
$550,000
Ms Savannah INC
Parts Center Of Savannah LLC
Special Warranty Deed
$467,500 · The Hardin County Bank
Jan 4, 2021
$975,141
Parts Center Of Savannah LLC
Parts Center Of Savannah INC
Warranty Deed
$831,631 · City Of Savannah
Jul 24, 2017
—
Parts Center Of Savannah INC
—
Deed
related
$328,110 · Hardin Cnty Bk
Feb 17, 1994
—
Parts Center Of Savannah
Unknown,
Grant Deed
$104 · Third National Bank
—
—
Parts Center Of Savannah INC
—
Loan Modification
related
$358,666 · Hardin County Bank
—
—
Parts Center Of Savannah INC
—
Loan Modification
related
$328,110 · Hardin Cnty 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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