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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Office Spaces
106 Public Sq Gallatin, TN 37066-2803
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3439524
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1924
Total area
13,192 SF
Lot
0.11 ac (4,884 SF)
APN
083126C F 01300
UPID
US80-3439524
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Simple Marketing Academy Advertising Agency Marketing & Advertising
-
Public Square Real Estate Agency
-
Insight Counts LLC Advertising Agency Marketing & Advertising
-
Amaranth Designs LLC Marketing & Advertising Advertising Agency
-
Crash Course Marketing Academy Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.41M
Owner & transaction history
Wilson Bank & Trust · 3 yrs held
Wilson Bank & Trust
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gallatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gallatin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,497
Tax year 2023
Assessed value
$212,880
Assessed 2023
Previous assessed
$212,880
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$4,000
Assessed improvement
$208,880
Land market value
$10,000
Improvement market value
$522,200
Total market value
$532,200
Applied tax rate
83.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1924
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
13,192 SF
Lot
0.11 ac (4,884 SF)
APN
083126C F 01300
UPID
US80-3439524
Jurisdiction
SUMNER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1924
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Wilson Bank & Trust
Trust
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2023
—
Wilson Bank & Trust
Public Square LLC
Assignment Of Lease (leasehold Sale)
$1,750,000 · Wilson Bank & Trust
May 21, 2018
—
Public Square LLC
Oak Tree Partners LLC
Quit Claim Deed
related
—
Aug 21, 2015
—
Hunter Trust
Hunter,james M JR
Quit Claim Deed
related
—
Dec 10, 2014
$193,000
Oak Tree Partners LLC
Kirkpatrick,bill
Grant Deed
—
May 16, 2007
—
Bill Kirkpatrick
First Presbyterian Ch Of Gallatin
Warranty Deed
—
Jul 26, 2005
$300,000
First Presbyterian Ch Of Gallatin
Hutchins,loney & P J
Warranty Deed
$300,000 · Citizens Federal Bank Fsb
Aug 5, 1996
$140,000
Loney Hutchins
Hutchins,loney
Grant Deed
related
—
Apr 25, 1995
$100,000
James M Hunter JR.
—
Grant Deed
related
—
Mar 12, 1992
$125,000
Randell A Smith
Unknown
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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