New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Drug stores
1200 Gallatin S Pike, Madison, TN 37115-4613
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-1784687
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1999
Total area
12,866 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CS
APN
051-08-0-032-00
UPID
US80-1784687
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
-
CVS Photo (Bike/Boat/Book/etc) Store Printing Service
-
CVS Cosmetic Store
-
Stacy P. Marshall, FNP Physician
-
CVS Pharmacy Pharmacy
-
Eric Petersen Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.56M
Owner & transaction history
Inland Bond Madison LLC · 8 yrs held
Inland Bond Madison LLC
since 2018
5 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
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
$1.56M
Range $1.40M – $1.71M · ±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
$121 / 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
$53,868
Tax year 2023
Assessed value
$1,655,440
Assessed 2023
Previous assessed
$1,655,440
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$355,440
Assessed improvement
$1,300,000
Land market value
$888,600
Improvement market value
$3,250,000
Total market value
$4,138,600
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1999
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,866 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CS
APN
051-08-0-032-00
UPID
US80-1784687
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
1999
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Inland Bond Madison LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1401 BROAD ST, CLIFTON, NJ 07013-4236
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2018
—
Inland Bond Madison LLC
Inland I Delaware Business LLC
Quit Claim Deed
related
—
Jan 19, 2018
$2,925,000
Madison Gallatin LLC
Inland Bond Madison LLC
Grant Deed
—
Aug 6, 1999
$2,650,000
Wec 99d-47 LLC
Hook-superx INC
Grant Deed
$2,418,656 · First Security Bank Trustee
Nov 23, 1998
$770,000
Hook-superx INC
Benson,james H & Judy L
Grant Deed
—
Sep 11, 1992
$2,100,000
Douglas B Kays
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1200 Gallatin S Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
