208 Charles Ralph DrSpringfield, TN 37172

  • Industrial properties
  • 5,856 SF
For Sale
$750,000 View listing

Property Details for 208 Charles Ralph Dr

Year built
2000
Lot size
2.39 AC
Property size (Sq ft)
5,856 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
074069 01300
APU
7406901300

Description

This exceptional 5,808-square-foot manufacturing facility in Springfield, Tennessee, presents a unique investment opportunity. Built in 1999, the property boasts a 12-foot ceiling height and one dock-high door, ideal for efficient operations. Situated on a spacious 2.39-acre lot, it offers ample parking with 12 spaces and a low coverage ratio of 5.48%, providing room for expansion or future development. The building is zoned for Restrictive Industrial use and is priced at $750,000, or $129.13 per square foot. Its strategic location offers easy access to major transportation arteries, being within a 40-minute drive of Nashville and a 25-minute drive to both I-65 and I-24 interstates. The property's size and location represent a rare opportunity in a market with limited industrial inventory, making it attractive to both owner-occupiers and investors seeking a strong return. The single-tenant occupancy ensures ease of management. This property offers a compelling combination of size, location, and functionality, making it an ideal choice for a variety of manufacturing businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,157,934
    Hospitality
    $1,060,662
    Educational
    $882,458
    Medical
    $912,807
    Retail
    $1,372,712
208 Charles Ralph Dr, Springfield, Tennessee

Location Insight

City
Springfield
County
Robertson
State
Tennessee
Latitude
36.5404
Longitude
-86.8911
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
0
-
$66,920
$73,400
$140,320
-
$167,300
$183,500
$350,800

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