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Property profile & analytics
OFF-MARKET
Warehouses
State Hwy 58th N Decatur, TN 37322
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2618266
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
FRAME
Total area
5,000 SF
Lot
0.58 ac (25,265 SF)
Zoning code
COM
APN
061037E B 02600
UPID
US80-2618266
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southeast Bk · 7 yrs held
Southeast Bk
since 2019
7 recorded transactions
Zoning & alternative use
COM · Decatur, TN
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,058
Tax year 2023
Assessed value
$62,680
Assessed 2023
Previous assessed
$62,680
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$4,400
Assessed improvement
$58,280
Land market value
$11,000
Improvement market value
$145,700
Total market value
$156,700
Applied tax rate
61.0000
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
2006
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
1
Total area
5,000 SF
Lot
0.58 ac (25,265 SF)
Zoning code
COM
APN
061037E B 02600
UPID
US80-2618266
Jurisdiction
MEIGS
Zoning & alternative use
COM · Decatur, TN
Zoning COM · permitted uses
COM · Decatur, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Southeast Bk
Individual
Free & Clear · 7 yrs held
Mailing address
2314 QUAIL RDG DR, ATHENS, TN 37303-2126
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2019
$179,136
Southeast Bk
Ritchie Wilson S|grant,christopher T
Trustees Deed
related
—
Feb 4, 2008
—
Christopher T Grant
Cordell,c Jason
Quit Claim Deed
related
$157,136 · Southeast Bank & Trust
—
—
Christopher T Grant
—
Deed Of Trust
related
$171,000 · Southeast Bank & Trust
—
—
Christopher T Grant
—
Loan Modification
related
$36,053 · Southeast Bk
—
—
Christopher T Grant
—
Deed Of Trust
related
$50,000 · Southeast Bank & Trust
—
—
C J Cordell
—
Deed Of Trust
related
$50,000 · Southeast Bank & Trust
—
—
Christopher T Grant
—
Deed Of Trust
related
$45,345 · Southeast Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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