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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Strip malls
111 Due W Ave, Madison, TN 37115
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0923857
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1968
Total area
24,535 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CS
APN
051-08-0-180-00
UPID
US80-0923857
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$1.90M
Owner & transaction history
111 125 W Due West Ave Partnership · 1 yrs held
111 125 W Due West Ave Partnership
since 2024
Last sale
$1.9M
4 recorded transactions
Zoning & alternative use
CS · Madison, TN
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (Jul 3 2024)
Last sale anchor
$1.90M
Jul 3 2024
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
$77 / 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
$21,111
Tax year 2023
Assessed value
$648,760
Assessed 2023
Previous assessed
$648,760
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$263,880
Assessed improvement
$384,880
Land market value
$659,700
Improvement market value
$962,200
Total market value
$1,621,900
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1968
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
24,535 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CS
APN
051-08-0-180-00
UPID
US80-0923857
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Madison, TN
Zoning CS · permitted uses
CS · Madison, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
2.33 ac
Current owner
From public records · entity-resolved
111 125 W Due West Ave Partnership
Entity
Mailing address
PO BOX 101103, NASHVILLE, TN 37224-1103
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
—
111 125 W Due West Ave Partnership
Salah Ayesh
Quit Claim Deed
related
—
Apr 3, 2023
$1,900,000
Salah Ayesh
Emeco Properties LLC
Warranty Deed
$1,330,000 · Wilson Bank & Trust
Mar 10, 2005
—
Emeco Properties LLC
Owner Name Unavailable
Grant Deed
related
—
Jul 16, 2004
$1,340,000
William H Emery
Benson,james H & Judy L
Warranty Deed
$1,000,000 · First Tennessee Bank National
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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