Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Parker St, TN

    • Warehouses
    • 7,903 SF
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0945438
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details

    Year built
    1950
    Construction
    WOOD
    Property size
    7,903 SF
    Property type
    Warehouses
    APN
    157D B 00703
    APU
    157DB00703

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Parker St
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.8452
    Latitude
    35.873
    CBSA code
    27180
    CBSA name
    JACKSON, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $2,800
    $32,080
    $34,880
    -
    $7,000
    $80,200
    $87,200

    Comparable in this City

    • Value Estimation
      $415,000
      4,576 SF

      Watauga Rd, TN

      WAREHOUSE, STORAGE • 4,576 SF
      Watauga Rd, TN
      View Details
    • Value Estimation
      $980,000
      115,672 SF

      Cookeville Hwy, TN

      WAREHOUSE, STORAGE • 115,672 SF
      Cookeville Hwy, TN
      View Details
    • Value Estimation by Request
      2,860 SF

      Ruritan Rd, TN

      WAREHOUSE, STORAGE • 2,860 SF
      Ruritan Rd, TN
      View Details
    • Value Estimation
      $310,000
      2,730 SF

      College St, TN

      WAREHOUSE, STORAGE • 2,730 SF
      College St, TN
      View Details
    • Value Estimation by Request
      1,324 SF

      7300 Discovery Dr

      WAREHOUSE, STORAGE • 1,324 SF
      7300 Discovery Dr, Chattanooga, TN
      View Details
    • Value Estimation by Request
      1,480,300 SF

      Tbc Way, TN

      WAREHOUSE, STORAGE • 1,480,300 SF
      1000, Tbc Way, TN
      View Details

    Similar Nearby for Sale

    • $2,000,000
      9,500 SF

      New Construction Industrial/Office Facility

      New construction industrial/office facility with warehouse space and flexible zoning.
      915 Millennium Ct, Blountville, TN
      View Details
    • Contact for pricing
      229,000 SF

      East Shelby Distribution Campus

      Unique distribution campus in Shelby County, Tennessee, with rare infrastructure.
      2774 Grays Creek Rd, Arlington, TN
      View Details
    • $1,100,000
      6,000 SF

      Warehouse, Business, and Home Package

      Machining business, warehouse, and home on three parcels.
      5560 Us-19E, Hampton, TN
      View Details
    • Contact for pricing
      357,200 SF

      Lebanon Industrial Warehouse For Sale

      357,200 SF industrial warehouse with cross-dock configuration in Lebanon.
      15730 Central Pke, Lebanon, TN
      View Details
    • $1,900,000
      15,000 SF

      Oak Ridge Industrial/Office Facility

      15,000 SF industrial/office facility in Bethel Valley Industrial Park.
      1003 Larsen Dr, Oak Ridge, TN
      View Details
    • $1,299,000
      13,500 SF

      Versatile Commercial Building on 3.59 Acres

      Fenced 3.59-acre property with 13,500 sq. ft. commercial building.
      1251 Montvue Rd, Kingsport, TN
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      4,000 SF

      Office/Warehouse Space in Papermill Center

      4,000 SF office/warehouse space ideal for light industrial use.
      4028 Papermill Drove, Knoxville, TN
      View Details
    • Contact for pricing
      43,000 SF

      Nashville Warehouse Space for Lease

      43,000 SF warehouse space available for rent in Nashville.
      701-740 Space Park Dr S, Nashville, TN
      View Details
    • Contact for pricing
      505,682 SF

      Nashville Warehouse and Distribution Center

      505,682 SF warehouse with excellent access to transportation networks.
      7021 W Belt Dr, Nashville, TN
      View Details
    • $9 SF/Yr
      188,120 SF

      New Industrial Space Available

      New industrial property with interstate access near Nashville.
      1010 Smt Blvd, Mount Juliet, TN
      View Details
    • $8 SF/Yr
      152,250 SF

      Ready Industrial Building For Lease

      152,250 SF industrial building with expansion potential.
      3311 Highlands Park Blvd, Cookeville, TN
      View Details
    • $12,850 /Mo
      11,600 SF

      New Industrial Office/Warehouse Space

      New construction industrial office/warehouse space available mid-December 2025.
      10643 Checkerboard Ln, Knoxville, TN
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Parker St, TN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.