Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    266 Seaboard Ln Franklin, TN 37067
    Back to Search
    Property profile & analytics

    266 Seaboard Ln, Franklin, TN 37067

    View on Map
    • Warehouses
    • 5,100 SF
    • 1.25 lot acres
    For Sale
    $3,150,000
    View Listing →
    Renovated Office Building in Cool Springs For Sale
    $3,150,000
    5,213 SF

    Renovated Office Building in Cool Springs

    Fully renovated office building with investment potential in desirable Cool Springs.

    266 Seaboard Ln, Franklin, TN 37067
    View Listing
    Property ID
    US80-1665990
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ALPA Construction / Construction Company / General Contractor
    • Southland Glass & Mirror Inc / Auto Repair Shop / (Bike/Boat/Book/etc) Store

    Property Details for 266 Seaboard Ln

    Year built
    1998
    Construction
    FRAME
    Lot size
    1.25 lot acres
    Property type
    Warehouses
    APN
    094053N A 00700
    APU
    094053NA00700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 28, 2025 $3,155,000 266 Seaboard LLC Hubusi LLC Special Warranty Deed $2.6M · First Horizon Bank
    Dec 15, 2022 — Hubus1 LLC — Deed · related $2.1M · Byline Bank
    Nov 13, 2019 $1,650,000 Hubus1 LLC Roy D Nichols Warranty Deed —
    Aug 23, 2005 — Roy D Nichols Nichols,brenda V Quit Claim Deed —
    Jul 29, 1998 $166,000 Roy D Nichols Neal,mark & Lisa J Grant Deed $317k · Nationsbank Of Tennessee NA
    Jul 30, 1996 $98,000 Mark Neal — Grant Deed · related —
    — — Roy D Nichols — Deed Of Trust · related $345k · Franklin Synergy Bank
    — — Roy D Nichols — Deed Of Trust · related $190k · Bank Of America
    — — Roy D Nichols — Loan Modification · related $557k · Franklin Synergy Bk
    — — Roy D Nichols — Deed Of Trust · related $41k · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8269
    Latitude
    35.9522
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,660
    $350,000
    $188,720
    $538,720
    -
    $875,000
    $471,800
    $1,346,800

    Comparable in this City

    • Value Estimation by Request
      1,872 SF

      1227 Lakeview Dr Ste, Unit 5

      WAREHOUSE, STORAGE
      1227 Lakeview Dr Ste, Franklin, TN 37067-3101
      View Details
    • Value Estimation
      $2,365,000
      20,400 SF

      131 Seaboard Ln

      WAREHOUSE, STORAGE
      131 Seaboard Ln, Franklin, TN 37067-8215
      View Details
    • Value Estimation by Request
      2,700 SF

      1207 Lakeview Dr

      WAREHOUSE, STORAGE
      1207 Lakeview Dr, Franklin, TN 37067-3074
      View Details
    • Value Estimation
      $655,000
      5,244 SF

      1227 Lakeview Dr Ste, Unit 1

      WAREHOUSE, STORAGE
      1227 Lakeview Dr Ste, Franklin, TN 37067-3101
      View Details
    • Value Estimation
      $530,000
      4,128 SF

      1227 Lakeview Dr Ste, Unit 3

      WAREHOUSE, STORAGE
      1227 Lakeview Dr Ste, Franklin, TN 37067-3101
      View Details
    • Value Estimation
      $510,000
      6,000 SF

      1108 Lakeview Dr

      MINI-WAREHOUSE, STORAGE
      1108 Lakeview Dr, Franklin, TN 37067
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      65,000 SF

      Franklin Industrial Sale-Leaseback Opportunity

      65,000 SF light manufacturing facility in Franklin, Tennessee.
      147 Seaboard Ln, Franklin, TN 37067
      View Details
    • $1,199,900

      Equestrian Farm in Franklin

      Equestrian farm with barn, sand ring, and farmhouse.
      921 Hickory Hills Dr, Franklin, TN 37067
      View Details
    • $1,199,900

      Equestrian Farm in Franklin

      Equestrian farm with barn, sand ring, and farmhouse.
      921 Hickory Hills Dr, Franklin, TN 37067
      View Details
    • Contact for pricing

      Williamson County Land with Historic Home

      20+/- acre parcel with pre-Civil War home and barns.
      9591 Clovercroft Rd, Franklin, TN 37067
      View Details
    • $45,000
      1.65 Acres

      Byrdstown Land Near Dale Hollow

      1.65-acre lot near Dale Hollow Lake in Byrdstown, Tennessee.
      Amonett Cir, Byrdstown, TN 37067
      View Details
    • $15,000,000

      Franklin Farmland with Development Potential

      118-acre farm near Franklin, Tennessee, with development potential.
      1652 Guy Ferrell Rd, Franklin, TN 37067
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,833 SF

      Industrial Space with Dock Door

      4,063 SF industrial space featuring a dock door.
      277 Mallory Station Rd, Nashville, TN 37067
      View Details
    • Contact for pricing

      Cool Springs III

      Discover many ways to work your way in Cool Springs III
      725 Cool Springs Blvd, Franklin, TN 37067
      View Details
    • Contact for pricing

      TN, Franklin - Hospitality Dr

      Discover many ways to work your way in TN, Franklin - Hospitality Dr
      6200 Hospitality Dr, Franklin, TN 37067
      View Details
    • Contact for pricing

      Spaces Mallory

      Workspaces, services and support to help you grow your business in Spaces Mallory
      3401 Mallory Ln, Franklin, TN 37067
      View Details
    • Contact for pricing

      Meridian Cool Springs

      Discover many ways to work your way in Meridian Cool Springs
      2550 Meridian Blvd, Franklin, TN 37067
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    266 Seaboard Ln
    Franklin, TN 37067
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    266 Seaboard Ln, Franklin, TN, 37067
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!