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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Warehouses
70 Athens Dr 68 Mount Juliet, TN 37122-3681
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US80-1011656
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
FRAME
Total area
13,180 SF
Lot
1.91 ac (83,200 SF)
APN
077 05803
UPID
US80-1011656
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
-
Universal Rack Production Facility Factory
-
Associated Rack Corporation Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Faulman Investment Ltd · 21 yrs held
Faulman Investment Ltd
since 2005
6 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 Mount Juliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Juliet 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
$50 / 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
$4,834
Tax year 2023
Assessed value
$239,440
Assessed 2023
Previous assessed
$239,440
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$77,760
Assessed improvement
$161,680
Land market value
$194,400
Improvement market value
$404,200
Total market value
$598,600
Applied tax rate
95.0000
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
Off-Market
Year built
1982
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Units
1
Bathrooms
4
Total area
13,180 SF
Lot
1.91 ac (83,200 SF)
APN
077 05803
UPID
US80-1011656
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
1982
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Units
1
Bathrooms
4
Lot
1.91 ac
Current owner
From public records · entity-resolved
Faulman Investment Ltd
Entity
Mailing address
70 ATHENS DR, MOUNT JULIET, TN 37122-3681
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2005
$330,000
Faulman Investment Ltd
Athens Road One Gp
Warranty Deed
$260,000 · Bank Of The South
Jun 14, 1998
—
Athens,road LLC
Herbert,edward T
Trustees Deed
related
—
Jun 14, 1998
$245,000
Herbert,edward T Trustee
—
Trustees Deed
related
—
Feb 19, 1997
$392,000
Robert Heyworth
Unknown
Grant Deed
$250,000 · First Bank & Trust
Nov 17, 1994
$392,000
Faulman W L
Lancaster,colony
Grant Deed
—
Jun 30, 1989
$1,000,000
Lrv Acquisition Corp
Unknown,
Grant Deed
—
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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