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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Warehouses
116 Seaboard Ln Franklin, TN 37067-8218
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0729088
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,000 SF
Lot
1.47 ac (64,033 SF)
APN
094053K B 02500
UPID
US80-0729088
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
-
Wilco Fitness Gym & Fitness Center
-
Cool Springs Spice Company, LLC Big Box & Wholesale Store
-
Brentwood Cabinets Hardware & Home Improvement Furniture & Home Goods
-
J M Thomason Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$884k
Blend (final)
Blend
$1.30M
Owner & transaction history
Bronville Investments Group · 8 yrs held
Bronville Investments Group
since 2018
7 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,745,000
6.5%
$1,610,000
7%
$1,495,000
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±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
$108 / 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
$17,657
Tax year 2023
Assessed value
$648,880
Assessed 2023
Previous assessed
$648,880
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$411,600
Assessed improvement
$237,280
Land market value
$1,029,000
Improvement market value
$593,200
Total market value
$1,622,200
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
12,000 SF
Lot
1.47 ac (64,033 SF)
APN
094053K B 02500
UPID
US80-0729088
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
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Bronville Investments Group
Entity
Mailing address
116 SEABOARD LN, FRANKLIN, TN 37067-8218
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2020
—
Bronville Investment Group
—
Deed
related
$240,000 · Fourth Capital Bank
Aug 13, 2019
—
Bronville Investment Group
—
Deed
related
—
Aug 15, 2018
—
Bronville Investment Group
—
Deed
related
$90,000 · Simmons Bank
Apr 4, 2018
$210,000
Bronville Investments Group
Donald R Huneley
Warranty Deed
$1,999,880 · Simmons Bank
Dec 28, 2017
—
Donald R Hundley
—
Deed
related
$2,750,000 · Williamson County
Mar 7, 2011
—
Thomason John M Family Trust
Thomason John M
Quit Claim Deed
related
—
Apr 19, 2010
—
Thomason John M Family Trust
Thomason John M
Quit Claim Deed
related
—
Mar 14, 1989
$110,250
John M Thomason
Unknown
Grant Deed
—
—
—
Bronville Investment Group
—
Loan Modification
related
—
—
—
Bronville Investment Group
—
Deed Of Trust
related
$240,000 · Fourth Capital Bank
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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