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Property profile & analytics
FOR LEASE
Warehouses
304 Century Ct Franklin, TN 37064-3918
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0714055
For Lease
$6,500/Mo
304 Century Ct, Franklin, TN 37064-3918
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
FRAME
Total area
3,000 SF
Lot
0.36 ac (15,682 SF)
APN
094090G A 01306
UPID
US80-0714055
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
-
Lampley Concrete, Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$110k
Owner & transaction history
Rl Builders LLC · 5 yrs held
Rl Builders LLC
since 2021
Last sale
$80,000
7 recorded transactions
Zoning & alternative use
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
Blend value · Realmo final
$110k
Range $99k – $121k · ±10% · vs last sale $80k (Jun 11 2021)
Last sale anchor
$80k
Jun 11 2021
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
$37 / 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
$3,900
Tax year 2023
Assessed value
$143,320
Assessed 2023
Previous assessed
$143,320
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$99,000
Assessed improvement
$44,320
Land market value
$247,500
Improvement market value
$110,800
Total market value
$358,300
Applied tax rate
263.0000
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
For Lease
Year built
1982
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,000 SF
Lot
0.36 ac (15,682 SF)
APN
094090G A 01306
UPID
US80-0714055
Jurisdiction
WILLIAMSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Rl Builders LLC
Entity
Mailing address
304 CENTURY CT, FRANKLIN, TN 37064-3918
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
—
Randy Dwight Lampley
—
Deed
related
$900,000 · Republic Bank & Trust Co
Jun 11, 2021
$80,000
Rl Builders LLC
Belel Vista Phase 3 LLC
Warranty Deed
—
Dec 7, 2018
—
Randy D Lampley
—
Deed
related
$750,000 · Republic Bk&tr
Oct 8, 2013
—
Randy D Lampley
—
Trustees Deed
related
$404,783 · First Citizens National Bank
Mar 17, 2008
—
Randy D Lampley
—
Trustees Deed
related
$450,000 · Greenbank
—
—
Randy D Lampley
—
Loan Modification
related
$750,000 · Republic Bk&tr
—
—
Randy D Lampley
—
Deed Of Trust
related
$450,000 · Cumberland Bank
—
—
Randy Lampley
—
Deed Of Trust
related
$450,000 · Franklin Synergy 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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