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Property profile & analytics
OFF-MARKET
Estimated value
$5,185,000
Warehouses
780 Louisville Rd, Alcoa, TN 37701-1834
Individually Owned
14-yr Hold
Free & Clear
Property ID
US80-1326711
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
75,105 SF
Lot
6.27 ac (273,121 SF)
Zoning code
F
APN
005046F B 00100
UPID
US80-1326711
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
-
Anderson front gate. (Receiving) Construction Company
-
Anderson Lumber Company Big Box & Wholesale Store Building Supply
-
Anderson Truss Company Production Facility
-
Anderson Lumber And Home Center Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.04M
Comparable Approach
Comparable
$5.30M
Blend (final)
Blend
$5.19M
Owner & transaction history
Coleman-prospero Indl Park · 14 yrs held
Coleman-prospero Indl Park
since 2012
5 recorded transactions
Zoning & alternative use
F · Alcoa, 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 Alcoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alcoa 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,545,000
6.5%
$6,040,000
7%
$5,610,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,585,000
Current use
Blend value · Realmo final
$5.19M
Range $4.67M – $5.70M · ±10%
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
$69 / 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
$68,313
Tax year 2022
Assessed value
$1,931,040
Assessed 2023
Previous assessed
$1,441,200
+34.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$605,880
Assessed improvement
$1,325,160
Land market value
$1,514,700
Improvement market value
$3,312,900
Total market value
$4,827,600
Applied tax rate
5.0000
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
4
Stories
1
Units
1
Bathrooms
8
Total area
75,105 SF
Lot
6.27 ac (273,121 SF)
Zoning code
F
APN
005046F B 00100
UPID
US80-1326711
Jurisdiction
BLOUNT
Zoning & alternative use
F · Alcoa, TN
Zoning F · permitted uses
F · Alcoa, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alcoa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.6M
WAREHOUSE, STORAGE Current
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Buildings
4
Units
1
Bathrooms
8
Lot
6.27 ac
Current owner
From public records · entity-resolved
Coleman-prospero Indl Park
Individual
Free & Clear · 14 yrs held
Mailing address
PO BOX 33, ALCOA, TN 37701-0033
Ownership since
2012
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
Feb 21, 2012
—
Coleman-prospero Indl Park
Coleman,stephen L
Quit Claim Deed
related
—
Feb 8, 2012
—
Coleman,stephen L
Owner Name Unavailable
Grant Deed
related
—
Feb 4, 2002
$2,250,000
Stephen Coleman
Coleman,james
Grant Deed
related
—
Mar 23, 1994
—
James H Coleman
Unknown,
Grant Deed
$1,500,000 · Citizens Bk/blount Cnty
Dec 21, 1992
$10,000
Stephen L Coleman
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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