1701 Childress Rd Lewisburg, TN 37091-7152
Property profile & analytics
1701 Childress Rd Lewisburg, TN 37091-7152
- Manufacturing properties
- 157,270 SF
- 35.00 lot acres
Property ID
US80-0464909
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.
Location Intelligence
Current Use by Public Records
- Marelli North America, INC / Employment Agency
- MHPC lewisburg / Medical Clinic
- Marelli Recruiting Center / Industrial Manufacturer / Production Facility
- Capstone Fabrication PAKFAB / Industrial Manufacturer / Production Facility
Property Details for 1701 Childress Rd
- Year built
- 1983
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 35.00 lot acres
- Property size
- 157,270 SF
- Property type
- Manufacturing properties
- APN
- 059072 15600
- APU
- 5907215600
Description
This exceptional investment opportunity presents a 200,000-square-foot manufacturing facility situated on 40.81 acres in the Lewisburg Industrial Park, Tennessee. Currently under a net lease with a single tenant, the property boasts a strong 6.75% cap rate and a substantial net operating income (NOI) of $888,000. The lease, commencing March 1, 2024, and expiring February 28, 2029, offers a remaining term of approximately 4.3 years, providing immediate cash flow. The asking price is $13,156,000, translating to a price per square foot of $65.78. Annual rent bumps of $0.24 per square foot offer inflation protection. The property enjoys a prime location with excellent access to I-431 (15,986 AADT), placing it within easy reach of major markets throughout the Southeast. The surrounding area features a robust workforce exceeding 450,000 within a 30-minute commute, and a strong local economy with an average household income within 15 miles of $87,785 and an average home value of $354,194. The property's strategic location within the industrial park provides proximity to numerous large employers, including Teledyne Advanced Electronic Solutions, Marelli, and others. A one-time lease option for an additional two years is included. This is a rare opportunity to acquire a stable, high-performing industrial asset with significant long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,920,000
- ML approach
- $8,590,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $12,580,000
- AUTO REPAIR, GARAGE
- $12,390,000
- WAREHOUSE, STORAGE
- $7,385,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lewisburg
- County
- Marshall
- State
- Tennessee
- Longitude
- -86.7508
- Latitude
- 35.4298
- CBSA code
- 30280
- CBSA name
- LEWISBURG, TN MICROPOLITAN 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
2021
$23,779
$129,360
$529,680
$659,040
-
$323,400
$1,324,200
$1,647,600
