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Property profile & analytics
FOR SALE
Warehouses
601 Briskin Ln Lebanon, TN 37087
Entity Owned
6-yr Hold
Property ID
US80-1869034
$3,500,000
601 Briskin Ln, Lebanon, TN 37087
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
FRAME
Total area
12,152 SF
Lot
10 ac (435,600 SF)
APN
082 00304
UPID
US80-1869034
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
State Of Tennessee Dept Of Transp · 6 yrs held
State Of Tennessee Dept Of Transp
since 2020
Last sale
$74,500
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
—
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
$14,110
Tax year 2023
Assessed value
$487,960
Assessed 2023
Previous assessed
$487,960
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$281,600
Assessed improvement
$206,360
Land market value
$704,000
Improvement market value
$515,900
Total market value
$1,219,900
Applied tax rate
950.0000
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 Sale
Year built
1998
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Units
1
Bathrooms
3
Total area
12,152 SF
Lot
10 ac (435,600 SF)
APN
082 00304
UPID
US80-1869034
Jurisdiction
WILSON
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
1998
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Units
1
Bathrooms
3
Lot
10 ac
Current owner
From public records · entity-resolved
State Of Tennessee Dept Of Transp
Entity
Mailing address
601 BRISKIN LN, LEBANON, TN 37087-9515
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
—
Albright Trailer Manufacturing LLC
—
Deed
related
$800,000 · United States Small Business Admin
Sep 17, 2020
—
Albright Trailer Mfg LLC
—
Deed
related
$800,000 · Wilson Bk&tr
Jul 17, 2020
—
State Of Tennessee Dept Of Transp
City Of Lebanon
Quit Claim Deed
related
—
May 18, 2018
$74,500
City Of Lebanon
Albright Trailer Mfg LLC
Warranty Deed
—
Dec 11, 2008
—
Albright Trailer Mfg LLC
—
Trustees Deed
related
$195,000 · Liberty State Bank
Jan 3, 2008
—
Trailer Depot LLC
—
Trustees Deed
related
$70,000 · Greenbank
Dec 9, 2004
—
Albright Trailer Mfg LLC
—
Trustees Deed
related
$80,000 · Southtrust Bank NA
Dec 31, 1990
$44,673
Jeffrey R Albright
Unknown
Grant Deed
—
—
—
Albright Trailer Mfg LLC
—
Deed Of Trust
related
$879,538 · Wachovia Bank NA
—
—
Albright Trailer Mfg LLC
—
Deed Of Trust
related
$800,000 · Wilson Bk&tr
—
—
Albright Trailer Mfg LLC
—
Deed Of Trust
related
$925,000 · Liberty State 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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