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Property profile & analytics
OFF-MARKET
Estimated value
$4,775,000
Warehouses
102 Westwind Ct Franklin, TN 37064
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-1666708
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1994
Total area
36,428 SF
Lot
2.9 ac (126,324 SF)
APN
094079J A 00400
UPID
US80-1666708
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
$5.67M
CAP Approach
CAP
$4.79M
Comparable Approach
Comparable
$6.33M
Blend (final)
Blend
$4.78M
Owner & transaction history
Storplace Of Franklin LLC · 6 yrs held
Storplace Of Franklin LLC
since 2020
Last sale
$4.0M
6 recorded transactions
Zoning & alternative use
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$5,305,000
ML approach
$5,665,000
CAP Approach
CAP Return
Estimation
6%
$5,190,000
6.5%
$4,790,000
7%
$4,450,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,835,000
Current use
Blend value · Realmo final
$4.78M
Range $4.30M – $5.25M · ±10% · vs last sale $4.00M (Jun 23 2020)
Last sale anchor
$4.00M
Jun 23 2020
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
$131 / 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
$47,050
Tax year 2023
Assessed value
$1,729,040
Assessed 2023
Previous assessed
$1,729,040
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$518,720
Assessed improvement
$1,210,320
Land market value
$2,355,500
Improvement market value
$1,017,200
Total market value
$3,372,700
Applied tax rate
263.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
36,428 SF
Lot
2.9 ac (126,324 SF)
APN
094079J A 00400
UPID
US80-1666708
Jurisdiction
WILLIAMSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.8M
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
1994
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.9 ac
Current owner
From public records · entity-resolved
Storplace Of Franklin LLC
Entity
Mailing address
109 MURPHY CT, NASHVILLE, TN 37203-1005
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2020
—
Storplace Of Franklin LLC
Partners X Freegard
Quit Claim Deed
related
$21,900 · Miscellaneous Ins Co
Apr 14, 2016
—
Freegard Partners X
—
Grant Deed
related
$2,561,250 · Bank Of Nashville
Jan 8, 2015
$4,000,000
Freegard Partneres X
Barbara Kay Hayes
Special Warranty Deed
—
Mar 13, 2013
—
Barbara K Hayes
Hayes,john C JR
Quit Claim Deed
related
—
Dec 5, 2007
—
Barbara K Hayes
B & J Ptshp
Quit Claim Deed
related
—
May 26, 1994
$312,500
B & J Partnership
Unknown,
Grant Deed
$890,000 · First Tennessee Bank National
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.
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