Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$29,265,000
Warehouses
2250 Midway Ln 2200 Smyrna, TN 37167-5878
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1670544
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
498,144 SF
Lot
23.27 ac (1,013,641 SF)
Zoning code
I-2
APN
050-054.06-000
UPID
US80-1670544
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
-
Federal-Mogul Warehouse & Storage
-
Ashley Furniture Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.27M
Owner & transaction history
Big Box Property Owner B LLC · 10 yrs held
Big Box Property Owner B LLC
since 2016
5 recorded transactions
Zoning & alternative use
I-2 · Smyrna, TN
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$59 / 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
$204,630
Tax year 2023
Assessed value
$8,519,520
Assessed 2024
Previous assessed
$8,519,520
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$944,680
Assessed improvement
$7,574,840
Land market value
$2,361,700
Improvement market value
$18,937,100
Total market value
$21,298,800
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
2001
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Bathrooms
7
Total area
498,144 SF
Lot
23.27 ac (1,013,641 SF)
Zoning code
I-2
APN
050-054.06-000
UPID
US80-1670544
Jurisdiction
RUTHERFORD
Zoning & alternative use
I-2 · Smyrna, TN
Zoning I-2 · permitted uses
I-2 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
7
Lot
23.27 ac
Current owner
From public records · entity-resolved
Big Box Property Owner B LLC
Entity
Mailing address
100 W MATSONFORD RD #250, RADNOR, PA 19087-4558
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2016
$20,550,000
Big Box Property Owner B LLC
Exeter 2250 Midway LLC
Grant Deed
related
$212,039,000 · Miscellaneous Ins Co
Oct 23, 2014
—
Exeter 2250 Midway LLC
—
Loan Modification
related
$124,000,000 · Wells Fargo Bk
Nov 14, 2012
—
Exeter 2100 Midway LLC
—
Deed Of Trust
related
$106,000,000 · Wells Fargo Bk/tx
Sep 4, 2012
$12,500,000
Exeter 2250 Midway LLC
Southpark Warehouse Acquisitio
Grant Deed
—
Nov 18, 2003
$31,098,000
Southpark Warehouse Acquisitio
Southpark,nashvi
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.
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 2250 Midway Ln, Unit 2200?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
