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Property profile & analytics
OFF-MARKET
Estimated value
$490,000
Warehouses
5685 Commander Dr Arlington, TN 38002-4159
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0905544
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
10,760 SF
Lot
2 ac (87,120 SF)
Zoning code
M-1
APN
A01-41 - - -00289
UPID
US80-0905544
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
-
Arlington Precision Machine Works Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$490k
Owner & transaction history
Russell Performance Products INC · 4 yrs held
Russell Performance Products INC
since 2021
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
M-1 · Arlington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the M-1, Light Industrial District, is to provide for suitable areas that allow for selected manufacturing, construction, transportation, office and wholesale uses which have little impact on the environment of the Town of Arlington. These areas should be located along collector streets and serviced by all municipal services.
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
579.19 ac
Source
Realmo
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$490,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$490k
Range $441k – $539k · ±10% · vs last sale $600k (Oct 18 2021)
Last sale anchor
$600k
Oct 18 2021
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
$46 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$9,338
Tax year 2022
Assessed value
$199,960
Assessed 2023
Previous assessed
$199,960
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$74,920
Assessed improvement
$125,040
Land market value
$187,300
Improvement market value
$312,600
Total market value
$499,900
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
1997
Heating
SPACE
Cooling
NONE
Stories
1
Total area
10,760 SF
Lot
2 ac (87,120 SF)
Zoning code
M-1
APN
A01-41 - - -00289
UPID
US80-0905544
Jurisdiction
SHELBY
Zoning & alternative use
M-1 · Arlington, TNZoning M-1 · permitted uses
M-1 · Arlington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the M-1, Light Industrial District, is to provide for suitable areas that allow for selected manufacturing, construction, transportation, office and wholesale uses which have little impact on the environment of the Town of Arlington. These areas should be located along collector streets and serviced by all municipal services.
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
579.19 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1997
Heating
SPACE
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Russell Performance Products INC
Entity
Mailing address
5685 COMMANDER DR, ARLINGTON, TN 38002-4159
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
—
Lewis Eaton
—
Deed
related
$2,250,000 · Lincoln Savings Bank
Oct 18, 2021
$600,000
Russell Performance Products INC
Dennis K Russell
Warranty Deed
$600,000 · Lincoln Savings Bank
Jul 20, 2006
—
Dennis K Russell
Russell,mary H
Quit Claim Deed
related
—
—
—
Dennis K Russell
—
Deed Of Trust
related
$69,241 · Trustmark National Bank
—
—
Dennis K Russell
—
Deed Of Trust
related
$297,500 · Trustmark National Bank
—
—
Dennis K Russell
—
Deed Of Trust
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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