Property profile

706 Richard St Springfield, TN 37172

OFF-MARKET
Warehouses
Property ID
US80-3397140
39,104 SF 4.02 ac lot Built 1925
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 39,104 SF
Lot 4.02 ac (175,111 SF)
APN 074080J E 00100
UPID US80-3397140

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

706 Richard St Springfield, TN 37172-2747
Springfield metro Census 80302 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$725k

Owner & transaction history

since 2025
5 recorded transactions
2025
$2.3M
2016
$1.5M
2012
$950,000
2010
$200,000
2005
$76,300

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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