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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Manufacturing properties
13 Bluegrass Dr Ashland City, TN 37015-3934
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-1417791
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Construction
FRAME
Total area
23,000 SF
Lot
3.84 ac (167,270 SF)
APN
065 04604
UPID
US80-1417791
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
-
Triton Boats, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Industrial Dev Board Of Cheatham · 5 yrs held
Industrial Dev Board Of Cheatham
since 2020
Last sale
$1.0M
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 Ashland City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland City 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
$1,140,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,690,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,540,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10% · vs last sale $1.00M (Oct 2 2020)
Last sale anchor
$1.00M
Oct 2 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
$45 / 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 2018Property tax & assessments
Tax year 2018
Land market value
$76,800
Improvement market value
$426,300
Total market value
$503,100
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Bathrooms
3
Total area
23,000 SF
Lot
3.84 ac (167,270 SF)
APN
065 04604
UPID
US80-1417791
Jurisdiction
CHEATHAM
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
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1988
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
3
Lot
3.84 ac
Current owner
From public records · entity-resolved
Industrial Dev Board Of Cheatham
Individual
Free & Clear · 5 yrs held
Mailing address
328 FREY ST, ASHLAND CITY, TN 37015-1734
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2020
—
Industrial Dev Board Of Cheatham
Caymas Boats LLC
Quit Claim Deed
related
—
Apr 1, 2019
$1,000,000
Caymas Boats LLC
Bluegrass Investors
Warranty Deed
—
Feb 14, 2014
—
Brunswick Corp
Ashland City Land & Brand Ptrs
Quit Claim Deed
related
—
Jun 12, 2013
—
Brunswick Corp
Brunswick Corp
Quit Claim Deed
related
—
Jun 12, 2013
$450,000
Bluegrass Investors Jv
Brunswick Corp
Grant Deed
—
May 17, 1988
$33,000
Acr INC
Unknown,
Grant Deed
—
—
—
Bluegrass Investors
—
Deed Of Trust
related
$495,000 · Tennessee Bank & Trust Co
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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