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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Manufacturing properties
1900 Broad St Lexington, TN 38351
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1528145
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1969
Construction
FRAME
Total area
39,317 SF
Lot
5.3 ac (230,868 SF)
Zoning code
M2
APN
039062 02201
UPID
US80-1528145
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
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Frs Holding Corp · 17 yrs held
Frs Holding Corp
since 2009
4 recorded transactions
Zoning & alternative use
M2 · Lexington, TN
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
by Request
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10%
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
$18 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,501
Tax year 2022
Assessed value
$251,040
Assessed 2023
Previous assessed
$191,880
+30.8% YoY
Effective rate
2.59%
On assessed value
Assessed land
$15,920
Assessed improvement
$235,120
Land market value
$39,800
Improvement market value
$587,800
Total market value
$627,600
Applied tax rate
39.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
4
Total area
39,317 SF
Lot
5.3 ac (230,868 SF)
Zoning code
M2
APN
039062 02201
UPID
US80-1528145
Jurisdiction
HENDERSON
Zoning & alternative use
M2 · Lexington, TNZoning M2 · permitted uses
M2 · Lexington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning ordinance
Building & site characteristics
From public records
Year built
1969
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
4
Lot
5.3 ac
Current owner
From public records · entity-resolved
Frs Holding Corp
Entity
Mailing address
6065 PARKLAND BLVD, CLEVELAND, OH 44124-6119
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2009
—
Frs Holding Corp
Fluid Routing Solutions INC
Trustees Deed
$4,960,400 · Rosslare Fndg
Jul 3, 2008
—
Fluid Routing Solutions INC
—
Grant Deed
related
$10,000,000 · Sun Fluid Routing Finance LLC
Jun 28, 2007
$4,960,400
Fluid Routing Solutions INC
Dayco Products LLC
Warranty Deed
—
—
—
Fluid Routing Solutions INC
—
Deed Of Trust
related
$245,000 · J P Morgan Chase 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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