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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
4793 Adams Rd Hixson, TN 37343-4001
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1178272
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Total area
17,530 SF
Lot
2 ac (87,120 SF)
Zoning code
M2
APN
110B B 005.01
UPID
US80-1178272
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
-
Auto Auction Decals Car Dealership
-
Identification Solutions Inc. (Bike/Boat/Book/etc) Store Printing Service
-
Flywheel Brands Inc. Speedshop (Bike/Boat/Book/etc) Store Printing Service
-
PetBiz Promotions Marketing & Advertising
-
The Letter Company Post Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Jay M Simpson · 2 yrs held
Jay M Simpson
since 2024
Last sale
$532,000
4 recorded transactions
Zoning & alternative use
M2 · Hixson, TN
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 Hixson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hixson 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
$530,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $532k (Jan 2 2024)
Last sale anchor
$532k
Jan 2 2024
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
$30 / 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
$7,417
Tax year 2023
Assessed value
$331,520
Assessed 2023
Previous assessed
$331,520
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$261,000
Improvement market value
$567,800
Total market value
$828,800
Applied tax rate
1.0000
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
1981
Heating
YES
Stories
1
Total area
17,530 SF
Lot
2 ac (87,120 SF)
Zoning code
M2
APN
110B B 005.01
UPID
US80-1178272
Jurisdiction
HAMILTON
Zoning & alternative use
M2 · Hixson, TN
Zoning M2 · permitted uses
M2 · Hixson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hixson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
YES
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Jay M Simpson
Individual
Mailing address
2111 HAMILL RD, HIXSON, TN 37343-4053
Ownership since
2024
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
Feb 4, 2025
—
Jay Miller Simpson
—
Deed
related
$350,000 · Regions Bank
Jan 2, 2024
$532,000
Jay M Simpson
John E Langworthy
Warranty Deed
$482,000 · John Langworthy
May 1, 2018
$300,000
Jay M Simpson
Catlett Ruth A
Warranty Deed
$100,000 · Virgil R III Catlett
Jan 6, 2006
$300,000
Jay M Simpson
Technical Investments Corp
Warranty Deed
$500,000 · First Tennessee Bank NA
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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