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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Commercial real estate
7009 Industrial Park Rd Mt Pleasant, TN 38474-1074
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3565882
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1983
Construction
FRAME
Total area
25,054 SF
Lot
3.29 ac (143,312 SF)
Zoning code
54A
APN
060126 04600
UPID
US80-3565882
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
$1.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.76M
Owner & transaction history
7009 Industrial Park Rd LLC · 3 yrs held
7009 Industrial Park Rd LLC
since 2023
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
54A · 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
Method
Estimation
Statistic approach
$1,825,000
ML approach
$1,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,650,000
Current use
AUTO REPAIR, GARAGE
$2,525,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±10% · vs last sale $1.70M (Mar 17 2023)
Last sale anchor
$1.70M
Mar 17 2023
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
$70 / 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
$5,466
Tax year 2023
Assessed value
$174,000
Assessed 2023
Previous assessed
$151,840
+14.6% YoY
Effective rate
3.14%
On assessed value
Assessed land
$38,400
Assessed improvement
$135,600
Land market value
$96,000
Improvement market value
$339,000
Total market value
$435,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
25,054 SF
Lot
3.29 ac (143,312 SF)
Zoning code
54A
APN
060126 04600
UPID
US80-3565882
Jurisdiction
MAURY
Zoning & alternative use
54A · Mt Pleasant, TN
Zoning 54A · permitted uses
54A · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
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
1983
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
3.29 ac
Current owner
From public records · entity-resolved
7009 Industrial Park Rd LLC
Entity
Mailing address
4563 PEYTONSVILLE RD, FRANKLIN, TN 37064-7608
Ownership since
2023
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
Dec 5, 2023
—
7009 Industrial Park Rd LLC
—
Deed
related
$913,000 · South Central Tennessee Business Develop
Mar 17, 2023
—
7009 Industrial Park Rd LLC
Jay M Riddle
Quit Claim Deed
related
$110,000 · Zb NA
Mar 17, 2023
$1,699,950
7009 Industrial Park Rd LLC
Jay M Riddle
Special Warranty Deed
$888,000 · First National Bank
Aug 8, 2018
$300,000
Riddle Investment Services Trust
Global Mfg Svcs INC
Warranty Deed
—
Jul 30, 2013
$300,000
Global Manufacturing Svcs INC
Owens,kenneth C
Warranty Deed
$300,000 · Kenneth C Owens
Jun 24, 2005
—
Ralph R Owens
R & D Tire Mold Co INC
Quit Claim Deed
related
$326,000 · Ralph Owens
Jul 21, 1993
$701
Donald E Nelson
Unknown
Grant Deed
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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