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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Manufacturing properties
860 Lakemont Dr, Louisville, TN 37777-5342
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0115482
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Construction
FRAME
Total area
14,450 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C
APN
005009 06908
UPID
US80-0115482
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
-
A1Supplements.com Corporate Office
-
SolVIS Inc. Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$955k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Solvis INC · 2 yrs held
Solvis INC
since 2023
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
C · Louisville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+298.6%
Medical building
$1.5M
+252.1%
Restaurant
$1.5M
+247.9%
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
$1,165,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$890,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,715,000
Change: +299% · Conversion: Difficult
MEDICAL BUILDING
$1,515,000
Change: +252% · Conversion: Difficult
RESTAURANT
$1,495,000
Change: +248% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,175,000
Change: +174% · Conversion: Difficult
RETAIL STORES
$1,075,000
Change: +150% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,015,000
Change: +136% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±10% · vs last sale $1.50M (Sep 18 2023)
Last sale anchor
$1.50M
Sep 18 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
$89 / 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
$3,585
Tax year 2022
Assessed value
$181,400
Assessed 2023
Previous assessed
$145,160
+25.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$31,640
Assessed improvement
$149,760
Land market value
$79,100
Improvement market value
$374,400
Total market value
$453,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
14,450 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C
APN
005009 06908
UPID
US80-0115482
Jurisdiction
BLOUNT
Zoning & alternative use
C · Louisville, TN
Zoning C · permitted uses
C · Louisville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1988
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Solvis INC
Entity
Free & Clear · 2 yrs held
Mailing address
860 LAKEMONT DR, LOUISVILLE, TN 37777-5342
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2023
$1,500,000
Solvis INC
Marwan N Saliba
Warranty Deed
—
Oct 7, 2020
—
Marwan N Saliba
Barsha S Saliba
Quit Claim Deed
related
—
Aug 6, 2002
$200,000
Marwan N Saliba
—
Deed Of Trust
—
Sep 22, 1990
$178,000
Tenntec INC
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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