Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mount Juliet Industrial Building For Sale Title is generated by Realmo AI

    60 Athens Dr, Mount Juliet, TN 37122

    View on Map
    Claim this Listing
    For Sale
    $2,800,000

    10,800 SF industrial building on 1.36 acres.

    Type:Commercial
    Property size:
    10,800 SF
    Lot size:
    1.36 Acres
    Price / SF:
    $259/SF
    Added:
    Aug 11, 2025
    Days on Market:
    297
    Last Refresh:
    May 10 at 9:13 pm

    Property Features for 60 Athens Dr

    General Information

    Standard status
    Active
    Size
    10,800 SF
    Lot size
    1.36 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1981

    We can help!

    Listing Contact
    DEAN RICHARDS
    DEAN RICHARDS

    Listing agent DEAN RICHARDS

    Listing office BENCHMARK REALTY, LLC

    Listing date Aug 11, 2025

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of BENCHMARK REALTY, LLC

    HighLights

    • General industrial zoning ideal for manufacturing, warehousing, or service delivery businesses.
    • 10,800 sf building featuring a showroom/production floor, dock space, and office areas.
    • Located in Mount Juliet's Belinda City Industrial Park.
    • Sits on 1.36 acres (parcel 077‑058.04).
    • Convenient access to Nashville metro, freight rail, and Nashville International Airport.
    • Currently houses a lighting/electrical services provider and sheet‑metal fabrication business.

    Overview

    Located in Mount Juliet’s Belinda City Industrial park, this 10,800 square foot commercial/industrial building sits on 1.36 acres of land. The property is zoned for general industrial use. The building currently houses a lighting and electrical services provider and sheet-metal fabrication business. It is ideal for businesses in manufacturing, warehousing, or service delivery requiring showroom or production floor, dock space, and office areas. The property offers convenient access to Nashville metro, nearby freight rail, and Nashville International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    G & C Enclosures ... Production Facility DSS Electrical Department Store Griffin & Cantrell Co Production Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Juliet
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.4972
    Latitude
    36.1722

    Nearby Similar for Sale

    • $1,800,000
      3,868 SF

      Mount Juliet Retail/Commercial Property

      Highly visible retail/commercial property in the heart of Mount Juliet.
      485 N Mount Juliet Rd, Mount Juliet, TN 37122
      View Details
    • $650,000

      Prime Mt. Juliet Office Space

      Commercial office space in the heart of Mt. Juliet.
      46 W Caldwell St, Mount Juliet, TN, 37122-2907
      View Details
    • $650,000
      1,181 SF

      Mt. Juliet Office Space Available

      Commercial office space in prime Mt. Juliet location for sale.
      46 W Caldwell St, Mount Juliet, TN 37122
      View Details
    • $2,200,000
      2,000 SF

      Mixed-Use Property in Mt Juliet

      Commercial property in the Mt Juliet/Beckwith Rd area.
      5442 Beckwith Rd, Mount Juliet, TN 37122
      View Details
    • $2,850,000

      52 Acre Farm Land Available

      52 acre farm with road frontage near highway interchange.
      14170 Central Pike, Mount Juliet, TN 37122
      View Details
    • $2,500,000
      14,100 SF

      Mount Juliet Industrial Warehouse Space

      Two industrial buildings with implement sheds in Mount Juliet.
      405 Industrial Dr, Mount Juliet, TN 37122
      View Details
    • $5,200,000

      Retail Building in Mount Juliet

      New commercial building in Mount Juliet, Tennessee, for sale.
      86 Nonaville Rd, Mount Juliet, TN 37122
      View Details
    • $3,450,000
      10,500 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building in a fast-growing Tennessee city.
      1097 Weston Dr, Mount Juliet, TN
      View Details

    FAQs

    What type of property is this?
    Industrial property - 10,800 SF industrial building on 1.36 acres.
    Where is this industrial property located?
    The property is located at 60 Athens Dr Mount Juliet, TN.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: General industrial zoning ideal for manufacturing, warehousing, or service delivery businesses.; 10,800 sf building featuring a showroom/production floor, dock space, and office areas.; Located in Mount Juliet's Belinda City Industrial Park.
    (615) 288-8292
    We can help!
    Listing Contact
    DEAN RICHARDS
    DEAN RICHARDS
    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.
    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

    Thank You for Inquiry
    60 Athens Dr, Mount Juliet, TN 37122
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!