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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Warehouses
234 Molly Walton Dr Hendersonville, TN 37075-2154
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-3523931
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
FRAME
Total area
19,975 SF
Lot
2.02 ac (87,991 SF)
Zoning code
IR
APN
083160 08000
UPID
US80-3523931
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
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$877k
Blend (final)
Blend
$1.33M
Owner & transaction history
Sag Properties LLC · 4 yrs held
Sag Properties LLC
since 2022
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
IR · Hendersonville, 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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
$1,355,000
ML approach
$1,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10% · vs last sale $1.30M (Mar 4 2022)
Last sale anchor
$1.30M
Mar 4 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
$66 / 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
$12,838
Tax year 2023
Assessed value
$377,000
Assessed 2023
Previous assessed
$377,000
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$143,840
Assessed improvement
$233,160
Land market value
$359,600
Improvement market value
$582,900
Total market value
$942,500
Applied tax rate
83.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
1
Total area
19,975 SF
Lot
2.02 ac (87,991 SF)
Zoning code
IR
APN
083160 08000
UPID
US80-3523931
Jurisdiction
SUMNER
Zoning & alternative use
IR · Hendersonville, TN
Zoning IR · permitted uses
IR · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Sag Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
104 COURTNEY CV, GALLATIN, TN 37066-5649
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
Mar 4, 2022
—
Sag Properties LLC
A Gaskins Properties LLC
Quit Claim Deed
related
—
Jun 28, 2007
$1,300,000
A Gaskins Properties LLC
V-mark Enterprises
Warranty Deed
—
Nov 3, 2003
$230,000
V Mark Enterprises
Nearwater Properties
Grant Deed
$744,000 · Regions Bank
—
—
V Mark Ents
—
Deed Of Trust
related
$100,000 · Regions 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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