Property profile

224 Old Shackle Is Rd Hendersonville, TN 37075

OFF-MARKET
Warehouses
Property ID
US80-0879523
6,000 SF 0.82 ac lot Built 1972
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Construction FRAME
Total area 6,000 SF
Lot 0.82 ac (35,738 SF)
Zoning code GCS
APN 083159I B 03300
UPID US80-0879523

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Roofing Company General Contractor

Location

224 Old Shackle Is Rd Hendersonville, TN 37075-3100
Hendersonville metro Census 21104 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$885k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.38M

Owner & transaction history

since 2023
Last sale
$1.5M
5 recorded transactions
2023
$1.5M
2023
$42,100
2016
$730,000
2004
Price N/A
1994
$75,000

Zoning & alternative use

GCS · Hendersonville, TN
Top alternative use upside
Medical building $2.2M +153.9%
Commercial (general) $2.2M +152.4%
Retail stores $1.5M +72.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 224 Old Shackle Is Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message