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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Medical Office Space
1198 Nashville Pike Gallatin, TN 37066-4945
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-2184999
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,361 SF
Lot
1.17 ac (50,965 SF)
Zoning code
MRO
APN
083125M A 00700
UPID
US80-2184999
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
-
Loden Vision Centers - Gallatin Office Physician Ophthalmologist
-
Valeria Stack Hair Salon
-
Dr. Katie Mills Ophthalmologist
-
Dr. Dahlia Haddad Physician
-
James Loden Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.21M
Owner & transaction history
J & R Real Estate Gallatin LLC · 10 yrs held
J & R Real Estate Gallatin LLC
since 2015
7 recorded transactions
Zoning & alternative use
MRO · Gallatin, 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 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
$1.21M
Range $1.09M – $1.33M · ±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
$129 / 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
$20,020
Tax year 2023
Assessed value
$655,960
Assessed 2023
Previous assessed
$655,960
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$194,680
Assessed improvement
$461,280
Land market value
$486,700
Improvement market value
$1,153,200
Total market value
$1,639,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
9,361 SF
Lot
1.17 ac (50,965 SF)
Zoning code
MRO
APN
083125M A 00700
UPID
US80-2184999
Jurisdiction
SUMNER
Zoning & alternative use
MRO · Gallatin, TN
Zoning MRO · permitted uses
MRO · Gallatin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gallatin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
J & R Real Estate Gallatin LLC
Entity
Free & Clear · 10 yrs held
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2021
—
J&r Real Estate Gallatin LLC
—
Deed
related
$2,278,000 · Wilson Bank & Trust
Oct 14, 2015
—
J & R Real Estate Gallatin LLC
J & R Real Estate Holdingsd LLC
Intrafamily Transfer
related
—
Aug 15, 2014
$700,000
J & R Real Estate Holdings LLC
Jackson,bobby R & Mary F
Grant Deed
—
Aug 28, 2013
—
Bobby R Jackson
Jackson B R Trust
Quit Claim Deed
related
—
Nov 15, 2007
—
Commerce Union Bank
Hp Gallatin INC
Grant Deed
related
—
Jan 2, 2007
$1,800,000
Hp Gallatin INC
Jackson B R Trust
Warranty Deed
$1,100,000 · Jackson B R Trust (tr)
May 21, 2003
—
Jackson,tr
Jackson,bobby R & Mary F
Quit Claim Deed
related
—
Oct 20, 1997
—
Bobby Reed Jackson
—
Deed Of Trust
related
—
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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