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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Industrial properties
2013 Columbia Ave Franklin, TN 37064-3923
Entity Owned
27-yr Hold
Free & Clear
Property ID
US80-1416891
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
FRAME
Total area
5,000 SF
Lot
1.9 ac (82,764 SF)
APN
094090G D 00100
UPID
US80-1416891
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
-
Keeling Company Agricultural Supply
-
La Tapatia Taqueria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$590k
Owner & transaction history
Keeling Leasing INC · 27 yrs held
Keeling Leasing INC
since 1999
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+129.9%
Retail stores
$790,000
+121.2%
Restaurant
$710,000
+99.1%
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$590,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$355,000
Current use
AUTO REPAIR, GARAGE
$820,000
Change: +130% · Conversion: Easy
RETAIL STORES
$790,000
Change: +121% · Conversion: Moderate
RESTAURANT
$710,000
Change: +99% · Conversion: Difficult
WAREHOUSE, STORAGE
$490,000
Change: +38% · Conversion: Easy
MEDICAL BUILDING
$480,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$118 / 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
$22,067
Tax year 2023
Assessed value
$810,920
Assessed 2023
Previous assessed
$810,920
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$702,240
Assessed improvement
$108,680
Land market value
$1,755,600
Improvement market value
$271,700
Total market value
$2,027,300
Applied tax rate
263.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
3
Total area
5,000 SF
Lot
1.9 ac (82,764 SF)
APN
094090G D 00100
UPID
US80-1416891
Jurisdiction
WILLIAMSON
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
INDUSTRIAL (GENERAL) Current
Est. value
$355,000
AUTO REPAIR, GARAGE
Est. value
$820,000
RETAIL STORES
Est. value
$790,000
RESTAURANT
Est. value
$710,000
WAREHOUSE, STORAGE
Est. value
$490,000
MEDICAL BUILDING
Est. value
$480,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1986
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
3
Lot
1.9 ac
Current owner
From public records · entity-resolved
Keeling Leasing INC
Entity
Free & Clear · 27 yrs held
Mailing address
PO BOX 15310, LITTLE ROCK, AR 72231-5310
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 1999
$650,000
Keeling Leasing INC
Pittman Properties LLC
Grant Deed
—
May 12, 1999
—
Pittman Properties LLC
Franklin City (tn)
Grant Deed
related
—
Sep 28, 1994
$475,000
Franklin City Of
Unknown,
Grant Deed
—
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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