Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Super regional malls
554-558 Huntly Industrial Dr Smyrna, TN 37167
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-2097259
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2019
Total area
15,400 SF
Lot
1.1 ac (47,916 SF)
Zoning code
I-3
APN
019C-D-009.00-000
UPID
US80-2097259
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.58M
Owner & transaction history
David N Rassmussen · 6 yrs held
David N Rassmussen
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
I-3 · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$1,890,000
ML approach
$2,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10% · vs last sale $1.50M (Apr 15 2020)
Last sale anchor
$1.50M
Apr 15 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
$103 / 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
$12,054
Tax year 2023
Assessed value
$501,840
Assessed 2024
Previous assessed
$501,840
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$83,480
Assessed improvement
$418,360
Land market value
$208,700
Improvement market value
$1,045,900
Total market value
$1,254,600
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2019
Heating
RADIANT
Units
3
Bathrooms
2
Total area
15,400 SF
Lot
1.1 ac (47,916 SF)
Zoning code
I-3
APN
019C-D-009.00-000
UPID
US80-2097259
Jurisdiction
RUTHERFORD
Zoning & alternative use
I-3 · Smyrna, TN
Zoning I-3 · permitted uses
I-3 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
RADIANT
Units
3
Bathrooms
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
David N Rassmussen
Individual
Mailing address
1237 S WATKINS RD, ALEXANDRIA, OH 43001-8720
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2020
$1,500,000
David N Rassmussen
Camcal Properties LLC
Grant Deed
—
Mar 12, 2019
—
Camcal Properties LLC
—
Trustees Deed
related
$787,500 · Pinnacle Bk
Jan 3, 2014
$100,000
Beech Construction Svcs INC
Packers Supply Co
Grant Deed
—
Sep 27, 2006
$120,000
Packers Supply Co
Morgan,michael R
Warranty Deed
$80,000 · Amsouth Bank
Aug 20, 2003
$75,000
Michael R Morgan
Huntley,drive P
Grant Deed
—
Feb 20, 2002
$112,000
Huntley Drive Partners
Cason Grove Land
Grant Deed
—
—
—
Michael R Morgan
—
Deed Of Trust
related
$60,000 · Richard Johnson
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 554-558 Huntly Industrial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
