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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Warehouses
171 Factory St Gallatin, TN 37066-3605
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-1657951
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1936
Total area
52,626 SF
Lot
4.95 ac (215,622 SF)
APN
083126F L 00200
UPID
US80-1657951
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
-
Turn Structural Interior Inc Interior Design Home Decor Store
-
Alliston Fire Extinguisher Inc Production Facility Building Supply
-
Site Communications Inc Mobile Phone Store Electronics & Wireless Store
-
Fusion Tools, Inc. Production Facility Factory
-
Site Foundation Drilling Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$1.70M
Owner & transaction history
Danny Watkins Revocable Living Trus · 4 yrs held
Danny Watkins Revocable Living Trus
since 2021
Last sale
$1.5M
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 Gallatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gallatin 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
$1,830,000
ML approach
$1,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.45M (Aug 3 2021)
Last sale anchor
$1.45M
Aug 3 2021
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
$32 / 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
$18,232
Tax year 2023
Assessed value
$597,360
Assessed 2023
Previous assessed
$597,360
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$83,800
Assessed improvement
$513,560
Land market value
$209,500
Improvement market value
$1,283,900
Total market value
$1,493,400
Applied tax rate
83.0000
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
1936
Heating
NONE
Cooling
NONE
Buildings
8
Stories
1
Bathrooms
6
Total area
52,626 SF
Lot
4.95 ac (215,622 SF)
APN
083126F L 00200
UPID
US80-1657951
Jurisdiction
SUMNER
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
1936
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Bathrooms
6
Lot
4.95 ac
Current owner
From public records · entity-resolved
Danny Watkins Revocable Living Trus
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 1372, GALLATIN, TN 37066-1372
Ownership since
2021
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
Apr 12, 2023
—
Robert C Helson
—
Deed
related
$1,875,000 · Banktennessee
Aug 3, 2021
—
Danny Watkins Revocable Living Trus
Watkins Property LLP
Quit Claim Deed
related
—
Jan 27, 2017
$1,450,000
Robert C Helson
Dorris,davis R & Anna L
Warranty Deed
$1,250,000 · Davis R & Anna L Dorris
Jul 7, 2006
—
Kelly Philip Tr
Dorris,ray & Lorre
Warranty Deed
—
Feb 21, 1996
—
L & R Enterprises LLC
—
Deed Of Trust
related
—
Dec 8, 1989
$75,000
Ray Dorris
Unknown
Grant Deed
—
Feb 4, 1988
$241,615
Dominion Bank Of Middle
Unknown,
Grant Deed
related
—
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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