Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Warehouses
1010 Avondale Rd Hendersonville, TN 37075-9669
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-0974223
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Construction
FRAME
Total area
4,800 SF
Lot
4.47 ac (194,713 SF)
Zoning code
GCS
APN
083146 10500
UPID
US80-0974223
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
-
StorPlace Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Storplace Of Hendersonville LLC · 6 yrs held
Storplace Of Hendersonville LLC
since 2019
7 recorded transactions
Zoning & alternative use
GCS · Hendersonville, 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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
$575,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$695,000
Current use
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$125 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$53,251
Tax year 2023
Assessed value
$1,625,320
Assessed 2023
Previous assessed
$1,625,320
+0.0% YoY
Effective rate
3.28%
On assessed value
Assessed land
$531,480
Assessed improvement
$1,093,840
Land market value
$1,328,700
Improvement market value
$2,734,600
Total market value
$4,063,300
Applied tax rate
83.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
2010
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Bathrooms
0
Total area
4,800 SF
Lot
4.47 ac (194,713 SF)
Zoning code
GCS
APN
083146 10500
UPID
US80-0974223
Jurisdiction
SUMNER
Zoning & alternative use
GCS · Hendersonville, TN
Zoning GCS · permitted uses
GCS · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$695,000
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Bathrooms
0
Lot
4.47 ac
Current owner
From public records · entity-resolved
Storplace Of Hendersonville LLC
Entity
Mailing address
109 MURPHY CT, NASHVILLE, TN 37203-1005
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
—
Storplace Of Hendersonville LLC
Storplace Partners Of Hendersonvill
Quit Claim Deed
related
$7,400,000 · Starwood Mortgage Capital LLC
Oct 1, 2014
$690,000
Storplace Ptrs Of Hendersonville
Freeman-dixon Family LP
Warranty Deed
—
Oct 1, 2014
—
Storplace Ptrs Of Hendersonville
Freeman-dixon Family LP
Quit Claim Deed
related
—
Mar 12, 2013
—
Freeman-dixon Family LP
Storplace Ptrs Of Hendersonville
Quit Claim Deed
related
—
Dec 18, 2008
—
Hp Avondale INC
—
Trustees Deed
related
$110,500 · Sumner Bank & Trust
Nov 28, 2006
$1,500,000
Hp Avondale INC
Marj Properties
Grant Deed
$1,600,000 · Sumner Bank & Trust
Jan 31, 2002
—
Marj Properties LLP
Gaskins,marshall R
Quit Claim Deed
related
—
Mar 9, 2001
—
Marj Properties LLP
Gaskins,marshall R
Quit Claim Deed
related
—
Feb 1, 2000
—
Marj Properites LLP
Gaskins,marshall R
Quit Claim Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1010 Avondale Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
