704 Briskin LnLebanon, TN 37087

  • Manufacturing properties
  • 51,925 SF

Property Details for 704 Briskin Ln

Year built
1971
Construction
FRAME
Lot size
17.75 AC
Property size (Sq ft)
51,925 SF
Property type
Manufacturing properties
APN
082 00301
APU
8200301

Description

This exceptional 49,800-square-foot industrial warehouse, situated on a substantial 17.75-acre lot in Lebanon, Tennessee, presents a compelling investment opportunity. The property boasts a 100% occupancy rate, with two tenants currently in place: Doka USA and Belt Tech Industrial. Built in 1971, this single-story building features 10 loading docks and 2 dock-high doors, ensuring efficient operations. The high ceilings, measuring 18 feet, provide ample vertical space. The property's zoning is designated as Industrial, allowing for flexibility in future use. Its strategic location less than one mile from Interstate 40 provides unparalleled access to major transportation routes, connecting to both Nashville and broader Southeast markets. The expansive lot size offers significant potential for future expansion, including additional outside storage or the construction of another building, representing a unique value-add opportunity for investors seeking to capitalize on the robust growth in the Nashville region. The property consists of one building with two units, offering a stable income stream and significant upside potential. This is a rare chance to acquire a well-located, income-producing industrial asset in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,267,373
    Hospitality
    $9,404,859
    Educational
    $7,824,732
    Medical
    $8,093,836
    Retail
    $12,171,805

Location Insight

City
Lebanon
County
Wilson
State
Tennessee
Latitude
36.1914
Longitude
-86.2764
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,596
$476,400
$305,000
$781,400
-
$1,191,000
$762,500
$1,953,500

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