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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Manufacturing properties
500 1st Ave Mount Pleasant, TN 38474-1208
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-3495255
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1955
Construction
FRAME
Total area
64,768 SF
Lot
5.33 ac (232,175 SF)
APN
060133G H 00100
UPID
US80-3495255
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
-
True Rail Enterprises, LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$614k
Blend (final)
Blend
$605k
Owner & transaction history
Bonafide Holdings Tn LLC · 5 yrs held
Bonafide Holdings Tn LLC
since 2020
Last sale
$607,500
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 Mount Pleasant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Pleasant 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
$595,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $608k (Jul 30 2020)
Last sale anchor
$608k
Jul 30 2020
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
$9 / 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
$10,402
Tax year 2023
Assessed value
$288,960
Assessed 2023
Previous assessed
$288,960
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$32,000
Assessed improvement
$256,960
Land market value
$80,000
Improvement market value
$642,400
Total market value
$722,400
Applied tax rate
60.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
5
Total area
64,768 SF
Lot
5.33 ac (232,175 SF)
APN
060133G H 00100
UPID
US80-3495255
Jurisdiction
MAURY
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
Year built
1955
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
5
Lot
5.33 ac
Current owner
From public records · entity-resolved
Bonafide Holdings Tn LLC
Entity
Mailing address
500 1ST AVE, MOUNT PLEASANT, TN 38474-1208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Dec 8, 2022
—
Bonafide Holdings Tn LLC
—
Deed
related
$3,675,000 · First National Bank
Jul 16, 2021
—
Bonafide Holdings Tn LLC
—
Deed
related
$2,500,000 · Southeast Bank
Jul 30, 2020
$607,500
Bonafide Holdings Tn LLC
Appertain Corp
Warranty Deed
—
Jul 17, 2008
$139,000
Hines Murray E SR Living Trust
Tosh,mark
Warranty Deed
—
Dec 5, 2007
$74,400
Mark Tosh
Thomas,kyle
Warranty Deed
$75,937 · Community First Bank
Dec 5, 2007
$24,800
Mark Tosh
Thomas,kyle
Warranty Deed
$119,200 · Community First Bank
Mar 26, 2007
$21,500
Kyle Thomas
Appertain Corp
Warranty Deed
—
Dec 5, 2005
$450,000
Appertain Corp
Menasha Packaging Co LLC
Warranty Deed
$425,000 · First National Bank Pulaski
Jan 2, 2002
$456,900
Menasha Packaging Company
Menasha,corporat
Grant Deed
related
—
Dec 31, 2001
$456,900
Menasha Packaging Company
Menasha Corp
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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