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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Warehouses
818 Broadway Portland, TN 37148-2023
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-3408807
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
FRAME
Total area
11,580 SF
Lot
1.38 ac (60,113 SF)
APN
083019 01203
UPID
US80-3408807
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
-
National Barn Company Eastern Division Construction Company General Contractor
-
AccurLine Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$905k
Owner & transaction history
Paden LLC · 7 yrs held
Paden LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$945,000
Current use
INDUSTRIAL (GENERAL)
$905,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$78 / 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
$6,409
Tax year 2023
Assessed value
$187,840
Assessed 2023
Previous assessed
$187,840
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$113,600
Assessed improvement
$74,240
Land market value
$284,000
Improvement market value
$185,600
Total market value
$469,600
Applied tax rate
83.0000
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
1986
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
2
Total area
11,580 SF
Lot
1.38 ac (60,113 SF)
APN
083019 01203
UPID
US80-3408807
Jurisdiction
SUMNER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$945,000
INDUSTRIAL (GENERAL)
Est. value
$905,000
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1986
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Paden LLC
Entity
Free & Clear · 7 yrs held
Mailing address
818 N BROADWAY, PORTLAND, TN 37148-2023
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2019
—
Paden LLC
Lamberth,samuel B & Jennifer M
Quit Claim Deed
related
—
Aug 30, 2007
$925,000
Samuel B Lamberth
3 Boys Enterprises LLC
Warranty Deed
—
Nov 8, 2004
$110,000
National Barn Co
Curd,annie J D
Warranty Deed
$306,964 · Cumberland Bank
Mar 19, 2003
$268,000
3 Boys Enterprises LLC
Sharenberger,a J
Trustees Deed
—
Dec 31, 2001
$400,000
About Rentals INC
Decarl,constance O
Grant Deed
$800,000 · Cumberland Bank
Nov 23, 1988
$160,000
Joseph A Decarl
Unknown
Grant Deed
—
—
—
National Barn Co
—
Deed Of Trust
related
$285,059 · Capital Bank & Trust Co
—
—
National Barn Co
—
Deed Of Trust
related
$74,748 · Capital Bank & Trust Co
—
—
Samuel B Lamberth
—
Deed Of Trust
related
$856,033 · Independence Bank Of Kentucky
—
—
Samuel B Lamberth
—
Deed Of Trust
related
$392,000 · Mid Cumberland Area Dev Corp
—
—
Paden LLC
—
Deed Of Trust
related
$450,000 · Morgantown Bk&tr
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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