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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Commercial real estate
4835 Cate Rd Strawberry Plains, TN 37871-1751
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-1227912
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1974
Total area
12,320 SF
Lot
31.55 ac (1,374,318 SF)
Zoning code
A-1
APN
078003 00100
UPID
US80-1227912
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
-
Dusa Metal Recycling Recycling Center Waste Management Facility
-
Hillbilly Auto Parts Big Box & Wholesale Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Michael Lee Harsson · 3 yrs held
Michael Lee Harsson
since 2022
7 recorded transactions
Zoning & alternative use
A-1 · Strawberry Plains, 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 Strawberry Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strawberry Plains 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
$112 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,058
Tax year 2021
Assessed value
$71,480
Assessed 2023
Previous assessed
$71,480
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$50,480
Assessed improvement
$21,000
Land market value
$126,200
Improvement market value
$52,500
Total market value
$178,700
Applied tax rate
78.0000
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
Year built
1974
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
12,320 SF
Lot
31.55 ac (1,374,318 SF)
Zoning code
A-1
APN
078003 00100
UPID
US80-1227912
Jurisdiction
SEVIER
Zoning & alternative use
A-1 · Strawberry Plains, TNZoning A-1 · permitted uses
A-1 · Strawberry Plains, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
31.55 ac
Current owner
From public records · entity-resolved
Michael Lee Harsson
Individual
Free & Clear · 3 yrs held
Mailing address
4835 CATE RD, STRAWBERRY PLAINS, TN 37871-1751
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Michael Lee Harsson
County Of Jefferson
Correction Deed
related
—
Nov 15, 2019
$900,000
Sammiduc LLC
4t Investments LLC
Warranty Deed
$852,000 · 4t Investments LLC
Nov 19, 2018
—
4t Investments LLC
Andrade,juan P & Zenaida
Deed In Lieu Of Foreclosure
related
—
Feb 28, 2017
$750,000
Juan P Andrade
4t Investments LLC
Warranty Deed
$750,000 · * Other Institutional Lenders
Jul 1, 2016
$325,000
4t Investments LLC
Hillbilly Auto Parts INC
Warranty Deed
—
Dec 30, 2014
—
Tyrone Hickman
Posterity Holdings LLC
Quit Claim Deed
related
—
Jul 10, 2007
$2,500
William A Mee
Hillbilly Auto Parts INC
Warranty Deed
related
—
Jun 28, 2006
$10,000
Barry D Acuff
Hillbilly Auto Parts INC
Warranty Deed
—
Mar 13, 1992
$2,616
William L Mee
Unknown
Grant Deed
related
—
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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