Property profile

114 Spicer Dr Gordonsville, TN 38563

OFF-MARKET
Manufacturing properties
Property ID
US80-0548975
54,980 SF 9.35 ac lot Built 1987
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Construction FRAME
Total area 54,980 SF
Lot 9.35 ac (407,286 SF)
Zoning code I-1
APN 080070 04506
UPID US80-0548975

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

114 Spicer Dr Gordonsville, TN 38563-2142
Gordonsville metro Census 975400 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$730k

Owner & transaction history

since 2018
7 recorded transactions
2018
$310,000
2009
$730,000
2008
Price N/A
2005
Price N/A
1995
$2.3M
1990
$1.7M
1988
$948,890

Zoning & alternative use

I-1 · Gordonsville, TN
Zoning description

Within the I-1, Light Industrial District, as shown on the Official Gordonsville Zoning Map, the following regulations shall apply: B. PERMITTED USES 1. Light manufacturing and assembly uses. 2. General office buildings,…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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