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    222 Gallatin Pike Madison, TN 37115

    • Car washes
    • 5,600 SF
    • 0.85 lot acres
    For Sale
    View listing
    $1,300,000
    Value Estimation
    Last Sale
    Mar 27, 2025
    $1,200,000
    Location Intelligence
    Property ID
    US80-1684650
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Smith Brothers Car Wash / Car Detailing Service / Car Wash

    Property Details for 222 Gallatin Pike

    Year built
    1950
    Lot size
    0.85 lot acres
    Property size
    5,600 SF
    Zone code
    CS
    Property type
    Car washes
    APN
    042-16-0-096-00
    APU
    4216009600

    Description

    This exceptional retail property, located at 222 Gallatin Pike S in Madison, Tennessee, presents a unique investment opportunity. Boasting a generous 5,600 square feet of space, this property sits on a sizable 0.85-acre lot, offering ample room for expansion, outdoor seating, or additional parking. The building's prime location on Gallatin Pike South ensures high visibility and accessibility for customers, placing it within a thriving commercial corridor. The asking price for this property is $1,300,000. This represents a significant opportunity for businesses seeking a well-established location with substantial space to grow. The property's size and location make it ideal for a variety of retail uses, from restaurants and shops to service-based businesses. Its substantial lot size offers flexibility for future development or expansion, catering to the needs of a growing business. The property is ready for immediate occupancy, providing a seamless transition for new tenants. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prime retail location in a rapidly developing area of Madison, Tennessee.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $410,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $445,000
      Mixed-Use
      $510,000
      Hospitality
      $450,000
      Educational
      $500,000
      Residential Income
      $410,000
      Energy
      $420,000
      Income-Based Land
      $420,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7136
    Latitude
    36.2605
    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
    $12,881
    $157,000
    $238,840
    $395,840
    -
    $392,500
    $597,100
    $989,600

    Comparable in this City

    • Value Estimation
      $875,000
      1.06 Acres

      664 Myatt Dr

      CAR WASH • 1.06 Acres
      664 Myatt Dr, Madison, TN 37115-2127
      View Details
    • Value Estimation by Request
      5,600 SF

      222 Gallatin Pike

      Automotive properties • 5,600 SF
      222 Gallatin Pike, Nashville, TN 37115
      View Details
    • Value Estimation
      $475,000
      3,774 SF

      1215 Gallatin S Pike

      CAR WASH • 3,774 SF
      1215 Gallatin S Pike, Madison, TN 37115-4623
      View Details
    • Value Estimation
      $455,000
      3,224 SF

      815 Gallatin S Pike

      CAR WASH • 3,224 SF
      815 Gallatin S Pike, Madison, TN 37115-4601
      View Details
    • Value Estimation
      $840,000
      21,713 SF

      2239 Gallatin N Pike

      CAR WASH • 21,713 SF
      2239 Gallatin N Pike, Madison, TN 37115-2018
      View Details
    • Value Estimation by Request
      0.29 Acres

      114 Hickory St, Unit B

      PARKING LOT • 0.29 Acres
      114 Hickory St, Madison, TN 37115-3907
      View Details

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    222 Gallatin Pike
    Madison, TN 37115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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