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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Warehouses
8220 Roberts Matthews Hwy Cookeville, TN 38506-8978
Entity Owned
Free & Clear
Property ID
US80-0087621
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
FRAME
Total area
16,140 SF
Lot
5 ac (217,800 SF)
APN
093003 02101
UPID
US80-0087621
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
-
Thompson Truck Group (formerly Landmark Trucks) Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$695k
Blend (final)
Blend
$1.01M
Owner & transaction history
Monomoy Properties Cooke Ville Tn L
Monomoy Properties Cooke Ville Tn L
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+79.1%
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$1,225,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$920,000
Current use
COMMERCIAL (GENERAL)
$1,645,000
Change: +79% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.00M (Aug 23 2022)
Last sale anchor
$1.00M
Aug 23 2022
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
$62 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$3,958
Tax year 2021
Assessed value
$193,080
Assessed 2023
Previous assessed
$193,080
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$37,080
Assessed improvement
$156,000
Land market value
$92,700
Improvement market value
$390,000
Total market value
$482,700
Applied tax rate
93.0000
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
1989
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
2
Total area
16,140 SF
Lot
5 ac (217,800 SF)
APN
093003 02101
UPID
US80-0087621
Jurisdiction
WHITE
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
$920,000
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (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
1989
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
2
Lot
5 ac
Current owner
From public records · entity-resolved
Monomoy Properties Cooke Ville Tn L
Entity
Free & Clear · 0 yrs held
Mailing address
555 HICKORY HLS BLVD, WHITES CREEK, TN 37189-9331
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
$2,350,000
Monomoy Properties Cooke Ville Tn L
Ashland Properties LLC
Special Warranty Deed
—
Aug 23, 2022
$1,000,000
Ashland Properties LLC
Select Commercial Properties LLC
Warranty Deed
—
Feb 6, 2020
$700,000
Select Coml Prop LLC
J Properties-cookevill
Warranty Deed
$4,211,750 · Firstbank
Jun 19, 2009
—
J & D Fam Properties-cookevill
—
Trustees Deed
related
$400,000 · First Volunteer Bk/tn
Nov 24, 2008
$550,000
J & D Fam Properties-cookevill
South Maple Dev LLC
Warranty Deed
$205,526 · First Volunteer Bk
Jan 24, 2007
$500,000
South Maple Dev LLC
Herron,mary E
Warranty Deed
—
Sep 19, 2005
$150,000
Herron,mary E
South Maple Dev LLC
Warranty Deed
—
Feb 28, 2005
$320,000
South Maple Dev LLC
Hull,alex F
Deed In Lieu Of Foreclosure
—
Dec 2, 1993
$813,000
Alex Fred Hull
Unknown
Grant Deed
—
Nov 10, 1988
$40,000
James N Hall
Unknown,
Grant Deed
—
—
—
J & D Family Properties-cookev
—
Deed Of Trust
related
$566,696 · First Volunteer Bank
—
—
J & D Family Properties II LLC
—
Deed Of Trust
related
$1,036,844 · First Volunteer Bank
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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