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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Manufacturing properties
904 Red Rd Mcminnville, TN 37110-1308
Trust Owned
6-yr Hold
Free & Clear
Property ID
US80-3457800
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Construction
FRAME
Total area
137,615 SF
Lot
15.7 ac (683,892 SF)
APN
089058 07603
UPID
US80-3457800
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
-
Oster Direct Factory Production Facility
-
Apollo Medical Products Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Bouldin,k & K 2019 Joint Trust · 6 yrs held
Bouldin,k & K 2019 Joint Trust
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 Mcminnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcminnville 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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$5 / 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
Property tax & assessments
Assessed value
$829,920
Assessed 2023
Previous assessed
$829,920
+0.0% YoY
Assessed land
$44,600
Assessed improvement
$785,320
Land market value
$111,500
Improvement market value
$1,963,300
Total market value
$2,074,800
Applied tax rate
89.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
0
Total area
137,615 SF
Lot
15.7 ac (683,892 SF)
APN
089058 07603
UPID
US80-3457800
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
15.7 ac
Current owner
From public records · entity-resolved
Bouldin,k & K 2019 Joint Trust
Trust
Free & Clear · 6 yrs held
Mailing address
825 TOM GRISSOM RD, MORRISON, TN 37357-5942
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2019
—
Bouldin,k & K 2019 Joint Trust
Bouldin,anderson K & Kathy
Quit Claim Deed
related
—
Mar 26, 2018
$750,000
Anderson K Bouldin
Wilson-robinson INC
Warranty Deed
—
Mar 26, 2018
—
K & K Properties
—
Deed
related
$749,900 · Security Fsb/mcminnville Tn
Nov 30, 2017
$1,040
James T Hyder
Bouldin,keith
Warranty Deed
related
—
Dec 3, 2014
$1,089,000
K & K Properties
Industrial Dev Board Of Mcminnvil
Warranty Deed
—
Sep 3, 2002
$1,500,000
Bouldin Corporation
Greenwood,develo
Grant Deed
—
Jul 25, 2001
$3,000,000
Development Greenwood
Aquatech INC
Grant Deed
—
Jan 1, 1988
$35,572
Aquatech INC
Unknown
Grant Deed
—
—
—
K & K Properties
—
Deed Of Trust
related
$749,900 · Security Fsb/mcminnville Tn
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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