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Property profile & analytics
OFF-MARKET
Estimated value
$49,175,000
Warehouses
12014 Volunteer Blvd Mount Juliet, TN 37122-1000
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-0679533
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
480,000 SF
Lot
27.5 ac (1,197,900 SF)
Zoning code
IR
APN
078 00703
UPID
US80-0679533
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
$49.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$33.57M
Blend (final)
Blend
$49.18M
Owner & transaction history
Prologis Exchang Beckwith Farms 3 L · 2 yrs held
Prologis Exchang Beckwith Farms 3 L
since 2024
Last sale
$49.2M
6 recorded transactions
Zoning & alternative use
IR · Mount Juliet, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$65.6M
+40.9%
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 Mount Juliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Juliet 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
$49,175,000
ML approach
$49,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$46,545,000
Current use
RETAIL STORES
$65,565,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$49.18M
Range $44.26M – $54.09M · ±10% · vs last sale $49.17M (Jun 11 2024)
Last sale anchor
$49.17M
Jun 11 2024
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
$102 / 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
$126,367
Tax year 2023
Assessed value
$6,259,200
Assessed 2023
Previous assessed
$6,259,200
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$459,680
Assessed improvement
$5,799,520
Land market value
$1,149,200
Improvement market value
$14,498,800
Total market value
$15,648,000
Applied tax rate
95.0000
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Bathrooms
4
Total area
480,000 SF
Lot
27.5 ac (1,197,900 SF)
Zoning code
IR
APN
078 00703
UPID
US80-0679533
Jurisdiction
WILSON
Zoning & alternative use
IR · Mount Juliet, TN
Zoning IR · permitted uses
IR · Mount Juliet, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Juliet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$46.5M
RETAIL STORES
Est. value
$65.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Bathrooms
4
Lot
27.5 ac
Current owner
From public records · entity-resolved
Prologis Exchang Beckwith Farms 3 L
Individual
Free & Clear · 2 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Ownership since
2024
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 11, 2024
$49,173,000
Prologis Exchang Beckwith Farms 3 L
Western A Midwest Tn LLC
Special Warranty Deed
—
Nov 12, 2015
—
Western A Midwest Tn LLC
Iit Beckwith Farms Dc II LLC
Quit Claim Deed
related
$70,993,536 · Morgan Stanley Bk
Apr 8, 2015
—
Lit Industrial LP
Iit Beckwith Farms Dc III LLC
Quit Claim Deed
related
—
Sep 3, 2013
$17,000,000
Iit Beckwith Farms Dc III LLC
Beckwith Farms Pdc LLC
Grant Deed
—
Jan 4, 2013
—
Beckwith Farms Owners Assn INC
Beckwith Farms Pdc LLC
Quit Claim Deed
related
—
Jun 6, 2011
$6,200,000
Khs America INC
Beckwith Farms Pdc LLC
Grant Deed
$3,714,699 · Pinnacle National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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