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Property profile & analytics
OFF-MARKET
Estimated value
$3,115,000
Manufacturing properties
240 Airport Rd Gallatin, TN 37066-4623
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US80-3510910
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2007
Construction
FRAME
Total area
51,900 SF
Lot
6.58 ac (286,625 SF)
Zoning code
IR
APN
083112 01702
UPID
US80-3510910
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
-
FedEx Drop Box Postal Service Courier Service
-
G F Puhl Co Inc Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.12M
Owner & transaction history
G F Puhl Co INC · 19 yrs held
G F Puhl Co INC
since 2007
7 recorded transactions
Zoning & alternative use
IR · Gallatin, 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 Gallatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gallatin 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,065,000
Current use
Blend value · Realmo final
$3.12M
Range $2.80M – $3.43M · ±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
$60 / 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
$30,563
Tax year 2023
Assessed value
$1,001,360
Assessed 2023
Previous assessed
$1,001,360
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$107,200
Assessed improvement
$894,160
Land market value
$268,000
Improvement market value
$2,235,400
Total market value
$2,503,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Bathrooms
6
Total area
51,900 SF
Lot
6.58 ac (286,625 SF)
Zoning code
IR
APN
083112 01702
UPID
US80-3510910
Jurisdiction
SUMNER
Zoning & alternative use
IR · Gallatin, TN
Zoning IR · permitted uses
IR · Gallatin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gallatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.1M
INDUSTRIAL (GENERAL) Current
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
2007
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Bathrooms
6
Lot
6.58 ac
Current owner
From public records · entity-resolved
G F Puhl Co INC
Entity
Mailing address
240 AIRPORT RD, GALLATIN, TN 37066-4623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2018
—
Gf Puhl Co INC
—
Deed
related
—
May 17, 2011
—
Gf Puhl Co INC
—
Trustees Deed
related
$400,000 · Sumner Bank & Trust
Apr 13, 2007
$2,504,908
G F Puhl Co INC
Charles R Curtis Const INC
Warranty Deed
$2,287,847 · Sumner Bank & Trust
Oct 10, 2006
—
Charles R Curtis Const INC
Curtis,charles
Quit Claim Deed
related
—
Aug 20, 2002
$81,000
Leon Strong
Strong-will INC
Grant Deed
related
—
Jan 4, 2002
—
Gallatin Construction Co
Sanders,joanne & Leslie
Quit Claim Deed
related
—
Dec 14, 1994
$73,000
Ralph Et Al Webster
—
Grant Deed
related
—
Jul 12, 1991
$900,000
David S Bradley
Unknown
Grant Deed
—
—
—
Gf Puhl Co INC
—
Deed Of Trust
related
$800,000 · Sumner Bank & Trust
—
—
Gfpuhl Co INC
—
Deed Of Trust
related
$1,140,967 · Sumner Bank & Trust
—
—
Gf Puhl Co INC
—
Loan Modification
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.
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