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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Warehouses
5011 Walkup Rd Pegram, TN 37143-2315
Individually Owned
31-yr Hold
~
Est. High Equity
Property ID
US80-1084252
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Construction
FRAME
Total area
15,000 SF
Lot
1.66 ac (72,310 SF)
APN
095 09301
UPID
US80-1084252
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
-
Bolingbrook Land Design Inc Landscaping General Contractor
-
White Mountain Quality Product Inc. Carpet & Flooring Store Hardware & Home Improvement
-
Rutledge West Hotel & Motel Resort
-
LifeStory Church Nashville Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.44M
Owner & transaction history
Russell Pickard · 31 yrs held
Russell Pickard
since 1995
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+112.8%
Restaurant
$1.7M
+56.7%
Retail stores
$1.7M
+51.3%
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 Pegram submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pegram 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
$1,100,000
Current use
COMMERCIAL (GENERAL)
$2,340,000
Change: +113% · Conversion: Difficult
RESTAURANT
$1,725,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$1,665,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,005,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10%
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
$96 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$2,093
Tax year 2018
Assessed value
$238,080
Assessed 2023
Previous assessed
$238,080
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$12,440
Assessed improvement
$225,640
Land market value
$31,100
Improvement market value
$564,100
Total market value
$595,200
Applied tax rate
11.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
15,000 SF
Lot
1.66 ac (72,310 SF)
APN
095 09301
UPID
US80-1084252
Jurisdiction
CHEATHAM
Zoning & alternative use
Zoning · permitted uses
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
$1.1M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
1975
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
Russell Pickard
Individual
Mailing address
5011 WALKUP RD, PEGRAM, TN 37143-2315
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1995
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
Jul 1, 2022
—
John Richard Albamont
—
Deed
related
$509,691 · Wilson Bank & Trust
May 2, 2019
—
John R Albamont
—
Deed
related
$375,000 · Wilson Bk&tr
Aug 27, 2018
—
John R Albamont
—
Deed
related
$200,000 · Wilson Bk&tr
Mar 20, 1995
$40,000
Russell Pickard
—
Grant Deed
related
—
—
—
John R Albamont
—
Loan Modification
related
$375,000 · Wilson Bk&tr
—
—
John Albamont
—
Deed Of Trust
related
$445,000 · Wilson Bank & Trust
—
—
John R Albamont
—
Deed Of Trust
related
$500,000 · Bank Of Nashville
—
—
John R Albamont
—
Deed Of Trust
related
$200,000 · Wilson Bk&tr
—
—
John R Albamont
—
Deed Of Trust
related
$245,500 · Us 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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