Entity Owned Property summary
AI-generated overview
This property consists of a 5,064-square-foot space configured for office or retail use, featuring a high ceiling height. It is located with convenient access to Vietnam Veterans Boulevard and Interstate 65 (I-65).
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
FRAME
Total area
34,192 SF
Lot
2.69 ac (117,176 SF)
Zoning code
IR
APN
083160 03302
UPID
US80-3465617
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
-
Plumbing Service Building Supply
-
Distribution Center Logistics Company
-
Take-out & Catering Grocery & Convenience Store
-
Training Center Sports School
-
Industrial Manufacturer
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.95M
CAP Approach
CAP
$4.23M
Comparable Approach
Comparable
$3.44M
Blend (final)
Blend
$4.07M
Owner & transaction history
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
IR · Hendersonville, TN
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.07M
Value range
$3.66M – $4.47M
±10% around blend
Estimated value / SF
$119 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$3.66M
blend $4.07M
$4.47M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
34,192 SF
Lot area
2.69 ac
Year built
1993
Stories
1
APN
083160 03302
Zoning
IR
Assessed value
$476,960
Annual tax
$16,303
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.23M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.58M
@ 6.5% CAP return
$4.23M
@ 7% CAP return
$3.93M
4
Sales comparison
Partial preview
Sales approach indication
$3.44M
Range $2.02M – $6.43M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.07M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$145
-18%
Submarket 23 sales
$145
-18%
County 70 sales
$129
-8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $119/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional plan · 30 reports
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Overview
Implied cap rate
6.80%
Implied, in-place cap rate for this other warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.80%
9.0%
NOI (est.)
$273k *
Last sale · Dec 2022
$3.90M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.01M
Move the market yield to see immediate price impact.
Value / SF
$117
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.30%6.80%7.30%
$246k
$3.90M
$3.61M
$3.37M
$273k
$4.33M
$4.01M
$3.74M
$300k
$4.77M
$4.42M
$4.11M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,303
Tax year 2023
Assessed value
$476,960
Assessed 2023
Previous assessed
$476,960
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$168,720
Assessed improvement
$308,240
Land market value
$421,800
Improvement market value
$770,600
Total market value
$1,192,400
Applied tax rate
83.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
2
Total area
34,192 SF
Lot
2.69 ac (117,176 SF)
Zoning code
IR
APN
083160 03302
UPID
US80-3465617
Jurisdiction
SUMNER
Zoning & alternative use
IR · Hendersonville, TNZoning IR · permitted uses
IR · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
2
Lot
2.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IR
Jurisdiction
Hendersonville, TN
Recorded code
IR
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IR in Hendersonville, TN.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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