Property profile

557 Industrial Dr Carthage, TN 37030

OFF-MARKET
Warehouses
Property ID
US80-1504108
37,204 SF 9.75 ac lot Built 1966
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 37,204 SF
Lot 9.75 ac (424,710 SF)
Zoning code I-1
APN 080046M B 00100
UPID US80-1504108

Cap rate & NOI

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

Location

557 Industrial Dr Carthage, TN 37030-1041
Carthage metro Census 975100 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$1.21M

Owner & transaction history

since 2019
6 recorded transactions
2021
Price N/A
2019
$300,000
2018
$300,000
2013
$450,000
2005
Price N/A
1995
$200,000

Zoning & alternative use

I-1 · Carthage, TN
Zoning description

The purpose of the I-1 District is to provide an area in which the principal use of land is for light manufacturing and assembly plants, proce ssing, storage, warehousing, wholesaling, and distribution. It is the intent…

General category INDUSTRIAL

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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