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Property profile & analytics
OFF-MARKET
Estimated value
$7,235,000
Manufacturing properties
2150 Hwy 12th S Ashland City, TN 37015-3915
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-0818338
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
60,620 SF
Lot
6.78 ac (295,337 SF)
APN
065 04803
UPID
US80-0818338
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
$7.66M
CAP Approach
CAP
$6.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.24M
Owner & transaction history
Exeter 2150 Highway 12 South LP · 4 yrs held
Exeter 2150 Highway 12 South LP
since 2022
Last sale
$7.3M
4 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 Ashland City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland City 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
$7,185,000
ML approach
$7,660,000
CAP Approach
CAP Return
Estimation
6%
$7,180,000
6.5%
$6,630,000
7%
$6,155,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,080,000
Change: 0% · Conversion: Difficult
RESTAURANT
$6,970,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$6,905,000
Change: 0% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,450,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$7.24M
Range $6.51M – $7.96M · ±10% · vs last sale $7.26M (May 20 2022)
Last sale anchor
$7.26M
May 20 2022
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
$119 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$24,065
Tax year 2018
Assessed value
$625,440
Assessed 2023
Previous assessed
$625,440
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$54,240
Assessed improvement
$571,200
Land market value
$135,600
Improvement market value
$1,428,000
Total market value
$1,563,600
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Rooms
1
Bathrooms
2
Total area
60,620 SF
Lot
6.78 ac (295,337 SF)
APN
065 04803
UPID
US80-0818338
Jurisdiction
CHEATHAM
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
COMMERCIAL (GENERAL)
Est. value
$7.1M
RESTAURANT
Est. value
$7.0M
RETAIL STORES
Est. value
$6.9M
WAREHOUSE, STORAGE
Est. value
$4.5M
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Rooms
1
Bathrooms
2
Lot
6.78 ac
Current owner
From public records · entity-resolved
Exeter 2150 Highway 12 South LP
Entity
Free & Clear · 4 yrs held
Mailing address
5 RADNOR CORPORATE CTR 100TH MATSONFORD RD STE #250, RADNOR, PA 19087
Ownership since
2022
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
May 20, 2022
$7,260,000
Exeter 2150 Highway 12 South LP
Dry Fork Holdings LLC
Special Warranty Deed
—
Feb 3, 2021
—
Dry Fork Holdings LLC
John R Lindahl JR
Quit Claim Deed
related
—
Feb 3, 2021
$3,560,000
Dry Fork Holdings LLC
John R Lindahl JR
Special Warranty Deed
$2,314,000 · Cogent Bank
Sep 28, 2016
—
John R Lindahl JR
Oliver,tracy S
Quit Claim Deed
related
$1,000,000 · F&m Bk
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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