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Property profile & analytics
OFF-MARKET
Estimated value
$235,000
Warehouses
915 Old Hwy 68 Sweetwater, TN 37874-6243
Individually Owned
11-yr Hold
Free & Clear
Property ID
US80-0616963
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1954
Total area
5,952 SF
Lot
1.26 ac (54,886 SF)
Zoning code
R-1
APN
062023 08500
UPID
US80-0616963
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
-
Liberty Fireworks Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$235k
Owner & transaction history
Franklin E Howell · 11 yrs held
Franklin E Howell
since 2015
7 recorded transactions
Zoning & alternative use
R-1 · Sweetwater, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
14-306. R-1 Low density residential district . This district is established to provide for lower density residential options. Within the R-1 Low density residential district, as sh own on the "Zoning Map Sweetwater, Tennessee," the following regulations and other applicable provisions of this zoning code shall apply. (1) Uses permitted . (a) Detached single-…
Zone name
Low Density Residential District
General category
RESIDENTIAL
Zone area
2,296.40 ac
Source
planning 55 1118555470
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 Sweetwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sweetwater 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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$235k
Range $212k – $259k · ±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
$39 / 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
$674
Tax year 2022
Assessed value
$22,320
Assessed 2023
Previous assessed
$18,600
+20.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$6,880
Assessed improvement
$15,440
Land market value
$17,200
Improvement market value
$38,600
Total market value
$55,800
Applied tax rate
62.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1954
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
5,952 SF
Lot
1.26 ac (54,886 SF)
Zoning code
R-1
APN
062023 08500
UPID
US80-0616963
Jurisdiction
MONROE
Zoning & alternative use
R-1 · Sweetwater, TNZoning R-1 · permitted uses
R-1 · Sweetwater, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
14-306. R-1 Low density residential district . This district is established to provide for lower density residential options. Within the R-1 Low density residential district, as sh own on the "Zoning Map Sweetwater, Tennessee," the following regulations and other applicable provisions of this zoning code shall apply. (1) Uses permitted . (a) Detached single-family dwellings and accessory apartments. A second single-family dwelling may be constructed on a parcel provided such parcel is larger than fifteen (15) acres, is an active farm, and is enrolled in the greenbelt program. (b) Customary home occupations, provided the conditions in
Zone name
Low Density Residential District
General category
RESIDENTIAL
Zone area
2,296.40 ac
Source
planning 55 1118555470
Building & site characteristics
From public records
Year built
1954
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Franklin E Howell
Individual
Free & Clear · 11 yrs held
Mailing address
1413 OLD HWY 68, SWEETWATER, TN 37874-6367
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2015
$90,000
Franklin E Howell
White Joe B
Warranty Deed
—
Jan 23, 2009
$5,292
Rebecca W Stamper
Stamper,benjamin C & Dana L
Grant Deed
related
—
May 19, 2008
$37,000
Sweetwater Primitive Baptist C
White,joe B & M Diane
Warranty Deed
—
Jan 11, 2007
—
Hud
Roberts,heath & Sarina
Trustees Deed
related
—
Jun 19, 2006
$30,000
Joe B White
Patrick,kevin & Tammy
Quit Claim Deed
related
—
Jun 19, 2006
$25,000
Kevin Patrick
White,joe B & Sharon L
Warranty Deed
—
Mar 23, 1995
$31,750
Joe B White
—
Deed Of Trust
related
—
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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