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Property profile & analytics
OFF-MARKET
Manufacturing properties
6997 Industrial Park Rd Mt Pleasant, TN 38474-1074
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US80-3548122
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
FRAME
Total area
25,680 SF
Lot
1.43 ac (62,291 SF)
Zoning code
62P
APN
060126 04601
UPID
US80-3548122
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David C Hill · 22 yrs held
David C Hill
since 2004
5 recorded transactions
Zoning & alternative use
62P · Mt Pleasant, 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 Mt Pleasant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mt 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,610
Tax year 2023
Assessed value
$239,160
Assessed 2023
Previous assessed
$239,160
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$16,480
Assessed improvement
$222,680
Land market value
$41,200
Improvement market value
$556,700
Total market value
$597,900
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
1986
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
3
Total area
25,680 SF
Lot
1.43 ac (62,291 SF)
Zoning code
62P
APN
060126 04601
UPID
US80-3548122
Jurisdiction
MAURY
Zoning & alternative use
62P · Mt Pleasant, TN
Zoning 62P · permitted uses
62P · Mt Pleasant, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mt Pleasant. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
3
Lot
1.43 ac
Current owner
From public records · entity-resolved
David C Hill
Individual
Mailing address
1788 N POINTE RD, COLUMBIA, TN 38401-0213
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
—
David C Hill
—
Deed
related
$1,660,000 · First Farmers & Merchants Bank
Jul 2, 2004
$330,000
David C Hill
Nelson,donald E
Warranty Deed
$400,000 · First Farmers & Merchants Nati
Jun 18, 1999
—
Donald E Nelson
Nelson,patricia
Quit Claim Deed
related
—
May 13, 1992
$10,000
R & R Saw INC
Unknown
Grant Deed
—
May 24, 1990
$135,500
Donald E Nelson
Unknown,
Grant Deed
—
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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