Financial
Distress signals
Property profile

7612 Drag Strip Rd Fairview, TN 37062

FOR SALE
Other warehouses
Property ID
US80-0849469
16,000 SF 3.13 ac lot Built 1984
Last sale Jan 1993 · $130,000
Individually Owned Owner of record is an individual. 33-yr Hold Held for 33 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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7612 Drag Strip Rd, Fairview, TN 37062 For Sale
Contact for pricing 16,000 SF
7612 Drag Strip Rd, Fairview, TN 37062
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Property summary

AI-generated overview

The property is a 16,000 square-foot warehouse located on 3.1 industrial acres, with convenient access to I-40. It is zoned industrial by the City of Fairview and is served by sewer and city services, with high-speed internet available. The building includes multiple loading docks and has a sloped roof design, providing interior ceiling heights that range from approximately 18 feet to 10 feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$236k
Assessed land$75k
Assessed improvement$161k
Effective rate2.76%

Value estimate

· Sep 2026
$385k
$347k – $424k
Submarket $/SF estimate$1.38M
NOI build-up
Gross scheduled income$173k
Vacancy & credit loss−$9k
Operating expenses−$25k
NOI · 4.65% cap applied$140k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$156/SF
County average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$62 – $227

Cap rate analysis

How does the asset earn?
4.65%
$140k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILLIAMSON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.2
Electrical Service8.7
Auto Parts Store8.4

Location

7612 Drag Strip Rd Fairview, TN 37062
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7391 Cumberland, Fairview, TN 37062-9713 $350,000 Mar 2025 No data
7616 Drag Strip, Fairview, TN 37062-8227 $350,000 Feb 2021 6,000 SF
1321 Hwy 96th N, Fairview, TN 37062-8242 $1,700,000 Dec 2020 25,940 SF
2681 Fairview, Fairview, TN 37062-9086 $385,000 Aug 2020 13,100 SF
7103 Juniper, Fairview, TN 37062-8240 $725,000 Jun 2019 11,400 SF
7118 Loblolly Pne, Fairview, TN 37062-8376 $1,233,500 Apr 2019 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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