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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Gas stations
1212 Gallatin S Pike Madison, TN 37115-4613
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-1921205
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1968
Total area
30,402 SF
Lot
1.99 ac (86,684 SF)
Zoning code
CS
APN
051-11-0-116-00
UPID
US80-1921205
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
-
Whatever It Takes Auto Parts Store
-
AAMCO Transmissions & Total Car Care Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$840k
Owner & transaction history
1212 Gallatin Pike LLC · 8 yrs held
1212 Gallatin Pike LLC
since 2017
7 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
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$28 / 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
$33,059
Tax year 2023
Assessed value
$1,015,960
Assessed 2023
Previous assessed
$1,015,960
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$208,040
Assessed improvement
$807,920
Land market value
$520,100
Improvement market value
$2,019,800
Total market value
$2,539,900
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1968
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
30,402 SF
Lot
1.99 ac (86,684 SF)
Zoning code
CS
APN
051-11-0-116-00
UPID
US80-1921205
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Madison, TNZoning CS · permitted uses
CS · Madison, TN
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
1968
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
1212 Gallatin Pike LLC
Entity
Mailing address
4544 HARDING PIKE STE #210, NASHVILLE, TN 37205-2121
Ownership since
2017
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
Nov 30, 2017
$2,250,000
1212 Gallatin Pike LLC
Grant E Johnisee SR.
Warranty Deed
$1,687,500 · Truston Trust
Nov 28, 2016
—
Grant E Johnisee
—
Deed
related
$40,000 · Volunteer St Bk
Oct 5, 2015
—
Grant E Johnisee
—
Trustees Deed
related
$25,000 · Volunteer St Bk
Aug 14, 2008
—
Grant E Johnisee SR.
—
Trustees Deed
related
$70,000 · Volunteer State Bank
Jan 30, 2006
$675,000
Grant E Johnisee
Mcmahan,james A
Warranty Deed
$548,306 · Amsouth Bank
Jan 30, 2006
—
James A Mcmahan
Kays,douglas B
Quit Claim Deed
related
—
—
—
Grant E Johnisee
—
Loan Modification
related
$661,783 · Volunteer St Bk
—
—
Grant E Johnisee
—
Loan Modification
related
$40,000 · Volunteer St Bk
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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