Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1420 Toshiba Dr Lebanon, TN 37087-1507
    Back to Search
    Property profile & analytics

    1420 Toshiba Dr, Lebanon, TN 37087-1507

    View on Map
    • Manufacturing properties
    • 507,591 SF
    • 97.50 lot acres
    Off-Market
    Last Sale Sep 11, 2024
    Property ID
    US80-3045116
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,785,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Novamet Specialty Products Corporation / Industrial Manufacturer / Production Facility
    • Animal Rescue Corps / Animal Shelter / Pet Adoption Service
    • Specialty Motors LLC / Car Dealership
    • Sheepdog Guardian Solutions / Training Center / Sports School
    • Carvana Nashville / Big Box & Wholesale Store

    Property Details for 1420 Toshiba Dr

    Year built
    1979
    Construction
    FRAME
    Lot size
    97.50 lot acres
    Property type
    Manufacturing properties
    APN
    057 06801
    APU
    5706801

    Description

    This exceptional 16,510-square-foot property in Wilson County presents a unique opportunity for a single tenant seeking a combined office and warehouse space. The building offers a versatile layout, ideal for businesses requiring both executive office space and substantial warehousing capabilities. The property sits on a generous 6-acre lot, providing ample room for expansion or future development. The warehouse component boasts four loading docks and one drive-in door, ensuring efficient loading and unloading operations. The entire 16,510 square feet is currently vacant and ready for immediate occupancy. This single-tenant property offers significant advantages, including streamlined management and control over the entire space. The property's location in Wilson County provides access to key transportation routes and a skilled workforce. This is an exceptional opportunity to secure a substantial, well-equipped property perfectly suited for a variety of businesses requiring both office and warehouse functionality. The combination of ample space, convenient loading facilities, and prime location makes this property a highly desirable asset. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.3279
    Latitude
    36.2291
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $119,708
    $2,515,520
    $1,624,200
    $4,139,720
    -
    $6,288,800
    $4,060,500
    $10,349,300

    Comparable in this City

    • Value Estimation
      $10,810,000
      52,758 SF

      1310 Quarles Dr

      MANUFACTURING (LIGHT)
      1310 Quarles Dr, Lebanon, TN 37087-2551
      View Details
    • Value Estimation by Request
      43,019 SF

      712 Briskin Ln

      MANUFACTURING (LIGHT)
      712 Briskin Ln, Lebanon, TN 37087-9517
      View Details
    • Value Estimation
      $770,000
      37,980 SF

      314 Babb Dr

      MANUFACTURING (LIGHT)
      314 Babb Dr, Lebanon, TN 37087-2510
      View Details
    • Value Estimation
      $915,000
      61,300 SF

      1315 Baddour Pkwy

      MANUFACTURING (LIGHT)
      1315 Baddour Pkwy, Lebanon, TN 37087-2511
      View Details
    • Value Estimation
      $3,345,000
      58,870 SF

      1301 Baddour Pkwy

      MANUFACTURING (LIGHT)
      1301 Baddour Pkwy, Lebanon, TN 37087-2511
      View Details
    • Value Estimation by Request
      1,836 SF

      422 College St, Unit 420

      MANUFACTURING (LIGHT)
      422 College St, Lebanon, TN 37087-3922
      View Details

    Similar Nearby for Sale

    • $4,500,000
      36,800 SF

      Functional Industrial Building with Yard

      36,800 SF industrial building with office and yard space.
      314 Babb Dr, Lebanon, TN 37087
      View Details
    • Contact for pricing
      36,800 SF

      Industrial Building with Outdoor Storage

      36,800 SF industrial building suitable for warehousing and manufacturing.
      314 Babb Dr, Lebanon, TN 37087
      View Details
    • Contact for pricing
      2,563 SF

      Industrial Building Near Interstate 40

      2,563 sq ft industrial building on 0.53 acre lot.
      802 Tennessee Blvd, Lebanon, TN 37087
      View Details
    • Contact for pricing
      2,248 SF

      IOS Land with Flex Building

      5.46 acres of IOS land with 2,248 SF flex building.
      803 Carthage Hwy, Lebanon, TN 37087
      View Details
    • $1,100,000
      7,528 SF

      Industrial Building For Sale

      8,210 SF industrial building with 7,528 SF conditioned space.
      320 S Cumberland St, Lebanon, TN 37087
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      314,178 SF

      Industrial Property in Lebanon, TN

      314,178 square foot industrial property available for rent.
      887 Old Laguardo Rd East, Lebanon, TN 37087
      View Details
    • Contact for pricing
      52,500 SF

      Lebanon Warehouse with Office Space

      52,500 SF warehouse with 2,250 SF office space.
      704 Briskin Ln, Lebanon, TN 37087
      View Details
    • $2,800 /Mo

      Retail Space on Town Square

      Retail space for rent in Lebanon, Tennessee.
      101B Public Sq, Lebanon, TN 37087
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      Multiple parcels available for sale or ground lease.
      3805 Lebanon Rd, Lebanon, TN 37087
      View Details
    • Contact for pricing
      30,110 SF

      Retail Space in Lebanon, TN

      Retail space available in high-traffic Lebanon shopping center.
      1023-1037 W Main St, Lebanon, TN 37087
      View Details
    • $2,000 /Mo

      Corner Commercial Property for Rent

      Commercial property for rent located on the corner.
      204 E Main St, Lebanon, TN 37087
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1420 Toshiba Dr
    Lebanon, TN 37087-1507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1420 Toshiba Dr, Lebanon, TN, 37087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!