Financial
Distress signals
Property profile

5687 Smithville Hwy Sparta, TN 38583

OFF-MARKET
Manufacturing properties
Property ID
US80-1592801
123,730 SF 8 ac lot Built 1993
Last sale Apr 2010 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 124,417 square feet of building space situated on approximately 18.94 acres at 5687 Smithville Highway in Sparta, Tennessee. The site includes a facility that has been leased to BBB Industries and is configured for an absolute triple-net (NNN) lease structure, with tenant responsibility for expenses described by the NNN structure rather than landlord responsibilities during the lease term.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$16k
Tax billed · 2021
Assessed value · 2023$784k
Assessed land$46k
Assessed improvement$738k
Effective rate2.05%

Value estimate

· Sep 2026
$810k
$729k – $891k
AI approach$810k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWHITE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop9.7
Garden Center7.8
Clothing Store7.2

Location

5687 Smithville Hwy Sparta, TN 38583-6818
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
325 Sewell, Sparta, TN 38583-1216 $447,260 May 2023 149,128 SF
155 Norcom, Sparta, TN 38583-1593 $751,000 Jul 2022 33,280 SF
170 Technology, Sparta, TN 38583-3265 $5,500,000 Apr 2022 100,000 SF
1500 Mcminnville, Sparta, TN 38583-2426 $443,300 Jun 2021 51,220 SF
325 Iris, Sparta, TN 38583-2466 $1,025,000 Sep 2020 90,136 SF
4600 Roberts Matthews, Sparta, TN 38583-5210 $2,243,043 Jul 2020 61,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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