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Property profile & analytics
OFF-MARKET
Estimated value
$29,990,000
Warehouses
323 Mason Rd La Vergne, TN 37086-3606
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-3536869
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
409,048 SF
Lot
26.27 ac (1,144,321 SF)
APN
017-016.01-000
UPID
US80-3536869
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
-
Aaron Rents Distribution Center Interior Design
-
Sumitomo Corporation of Americas Corporate Office
-
Mason Road Corporation Metal Fabrication Plant Factory
-
Wayfair Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.99M
Owner & transaction history
Breit Se Logistics Mason Road · 8 yrs held
Breit Se Logistics Mason Road
since 2017
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 La Vergne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Vergne 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$73 / 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
$208,388
Tax year 2023
Assessed value
$8,637,840
Assessed 2024
Previous assessed
$8,637,840
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$1,135,440
Assessed improvement
$7,502,400
Land market value
$2,838,600
Improvement market value
$18,756,000
Total market value
$21,594,600
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
Off-Market
Year built
1996
Heating
SPACE
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
409,048 SF
Lot
26.27 ac (1,144,321 SF)
APN
017-016.01-000
UPID
US80-3536869
Jurisdiction
RUTHERFORD
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
1996
Heating
SPACE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
26.27 ac
Current owner
From public records · entity-resolved
Breit Se Logistics Mason Road
Individual
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2018
—
Breit Se Logistics Mason Road
—
Loan Modification
related
$472,000,000 · Bank Of America
Nov 15, 2017
$20,280,000
Breit Se Logistics Mason Road
Lit Industrial Texas LP
Grant Deed
related
$372,000,000 · Bank Of America
Aug 29, 2007
—
Industrial Texas Lit
—
Deed Of Trust
related
$77,000,000 · Hartford Life Insurance Co
Jun 14, 2006
$5,101,289
Industrial Texas Lit
Mason Road Corp
Warranty Deed
—
Oct 23, 1996
$12,590,000
Mason Road Corp
—
Grant Deed
related
—
Apr 7, 1995
$920,150
Properties Ozburn
Ozburn,propertie
Grant Deed
related
—
—
—
Lit Industrial Texas LP
—
Deed Of Trust
related
$75,000,000 · Miscellaneous Ins Co
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.
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