Property profile

306 Mccowan Dr Lebanon, TN 37087

OFF-MARKET
Warehouses
Property ID
US80-1506466
4,200 SF 2.85 ac lot Built 1979
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction FRAME
Total area 4,200 SF
Lot 2.85 ac (124,146 SF)
APN 058G A 01900
UPID US80-1506466

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

306 Mccowan Dr Lebanon, TN 37087-2593
Lebanon metro Census 30500 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.11M

Owner & transaction history

since 2022
Last sale
$1.0M
3 recorded transactions
2022
$1.0M
1997
$125,250
1989
$143,000

Zoning & alternative use

Top alternative use upside
Medical building $1.1M +163.5%
Commercial (general) $920,000 +126.3%
Auto repair, garage $820,000 +101.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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