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Financial
Distress signals
Property profile

300 Free Hill Rd Hendersonville, TN 37075

FOR LEASE
Other warehouses
Property ID
US80-3465617
34,192 SF 2.69 ac lot Built 1993
Last sale Dec 2022 · $3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 34,000-square-foot industrial warehouse facility situated on approximately 2.69 acres and zoned IR. The building includes two dock-height loading doors, three drive-in doors sized 10’ wide by 12’ high, and approximately 20’7” of clear height. The site provides 40 surface parking spaces. The facility is located at 300 Free Hill Road in Hendersonville, Tennessee, approximately 1.1 miles from the Hwy 31 E Bypass, offering proximity to a major bypass route.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$477k
Assessed land$169k
Assessed improvement$308k
Effective rate3.42%

Value estimate

· Oct 2026
$4.07M
$3.66M – $4.47M
AI approach$3.95M
CAP approach$4.23M
Submarket $/SF estimate$3.44M
NOI build-up
Gross scheduled income$134k
Vacancy & credit loss−$21k
Operating expenses−$28k
NOI · 605,185.71% cap applied$85k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$145/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$59 – $188
Qualifying comparables4

Cap rate analysis

How does the asset earn?
605,185.71%
$85k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IR
JurisdictionSUMNER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.3
Dental Office17.2
Spa & Massage14.2

Location

300 Free Hill Rd Hendersonville, TN 37075
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 Mid Town, Hendersonville, TN 37075-2320 $460,000 Feb 2026 18,116 SF
1041 Ctr Pt, Hendersonville, TN 37075-2005 $2,300,000 May 2024 13,240 SF
188 Ctr Pt S, Hendersonville, TN 37075-2055 $410,000 Aug 2022 14,000 SF
234 Molly Walton, Hendersonville, TN 37075-2154 $1,300,000 Mar 2022 19,975 SF
229 Innovation, Hendersonville, TN 37075-2003 $430,000 Sep 2021 16,525 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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