Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    225 Noah Dr Franklin, TN 37064

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial warehouse space available for lease in Franklin, Tennessee.

    Property size:
    10,410 SF
    Lot size:
    2.07 Acres

    Property Features for 225 Noah Dr

    General Information

    Size
    10,410 SF
    Lot size
    2.07 Acres

    We can help!

    Listing Contact
    Reid Mangelsdorf
    Reid Mangelsdorf
    Source: Moodyscre

    Listing Agency: Charles Hawkins Co. Listing Agent: Reid Mangelsdorf

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Franklin Warehouse Space Available

    This industrial property offers warehouse space for rent, encompassing a total area of 10,410 square feet. Located in Franklin, Tennessee, at 225 Noah Drive, this property is suitable for warehouse and industrial purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A Heart Set Free ... Counselor Advanced Diabetic Solutions Physician TN Parking Lot ... General Contractor MTLC Building Group Construction Company Employment Security Department Employment Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Alpha Mini-Storage, iStorage, Spacebox Storage Franklin, Two Men and a Truck Moving and Storage

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8673786
    Latitude
    35.8956916

    Nearby Similar for Lease

    • New
      Contact for pricing

      Spaces Mallory

      Workspaces, services and support to help you grow your business in Spaces Mallory
      3401 Mallory Ln, Franklin, TN 37067
      View Details
    • Contact for pricing

      TN, Franklin - Hospitality Dr

      Discover many ways to work your way in TN, Franklin - Hospitality Dr
      6200 Hospitality Dr, Franklin, TN 37067
      View Details
    • New
      Contact for pricing

      Meridian Cool Springs

      Discover many ways to work your way in Meridian Cool Springs
      2550 Meridian Blvd, Franklin, TN 37067
      View Details
    • New
      Contact for pricing

      Cool Springs III

      Discover many ways to work your way in Cool Springs III
      725 Cool Springs Blvd, Franklin, TN 37067
      View Details
    • Contact for pricing
      16,470 SF

      Class A Office Building

      Class A office building with modern design and superior connectivity.
      3401 Mallory Ln, Franklin, TN 37067
      View Details
    • $2,500 /Mo

      Move-In Ready Cool Springs Office

      Office space in Cool Springs area with ample parking.
      106 Mission Ct, Franklin, TN 37067
      View Details
    • Contact for pricing

      Restaurant Space with Patio Available

      End-cap restaurant space with patio in neighborhood retail center.
      330 Mayfield Dr, Franklin, TN 37067
      View Details
    • Contact for pricing

      Retail Outparcel in Cool Springs

      Located in a super-regional mixed-use trade area near major retailers.
      300 Spring Creek Dr, Franklin, TN 37067
      View Details
    • Contact for pricing
      350,000 SF

      Office Space in Mixed-Use Development

      Office space for rent in mixed-use development with amenities.
      Mcewen Dr, Franklin, TN 37067
      View Details
    • Contact for pricing

      Manufacturing Building Near I-65

      65,000 SF manufacturing building for lease near I-65.
      147 Seaboard Ln, Franklin, TN 37067
      View Details
    • Contact for pricing

      Historic Commercial Space in Franklin

      Versatile commercial space in a historic downtown Franklin landmark.
      137 3Rd Ave N, Franklin, TN 37064
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse space available for lease in Franklin, Tennessee.
    Where is this warehouse located?
    The property is located at 225 Noah Dr Franklin, TN.
    What are key features of this property?
    This property features: - Industrial warehouse space; - Located in Franklin, Tennessee; - Available for lease
    (615) 712-0974 Call to check price and availability
    Request Owner's contact information
    225 Noah Dr Franklin, TN 37064
    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.
    225 Noah Dr
    Franklin, TN 37064
    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
    225 Noah Dr Franklin, TN 37064
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Reid Mangelsdorf
    Reid Mangelsdorf
    (615) 712-0974 (615) 256-3189 (615) 345-7214
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!