New search
Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Car washes
1215 Gallatin S Pike, Madison, TN 37115-4623
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0771782
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2018
Total area
3,774 SF
Lot
0.8 ac (34,848 SF)
Zoning code
CL
APN
051-12-0-004-00
UPID
US80-0771782
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
-
Wash N' Roll Car Wash - Madison, TN Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$585k
Owner & transaction history
Wn R5-madison LLC · 9 yrs held
Wn R5-madison LLC
since 2017
7 recorded transactions
Zoning & alternative use
CL · 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$155 / 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
$16,126
Tax year 2023
Assessed value
$495,560
Assessed 2023
Previous assessed
$495,560
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$209,080
Assessed improvement
$286,480
Land market value
$522,700
Improvement market value
$716,200
Total market value
$1,238,900
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2018
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
3
Total area
3,774 SF
Lot
0.8 ac (34,848 SF)
Zoning code
CL
APN
051-12-0-004-00
UPID
US80-0771782
Jurisdiction
DAVIDSON
Zoning & alternative use
CL · Madison, TN
Zoning CL · permitted uses
CL · 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
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
3
Lot
0.8 ac
Current owner
From public records · entity-resolved
Wn R5-madison LLC
Entity
Mailing address
PO BOX 1955, MOUNT JULIET, TN 37121-1955
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2017
—
Wn R5-madison LLC
—
Deed
related
$2,233,500 · Edmonton St Bk
Apr 12, 2017
—
Wn R5-madison LLC
North,steve & Jo A
Quit Claim Deed
related
—
Apr 12, 2017
$550,000
Wnr5-madison LLC
Steve North
Warranty Deed
—
Oct 30, 1997
$330,000
Steve North
—
Grant Deed
related
—
Sep 25, 1992
$100,000
Thomas Francis Diskin
Unknown
Grant Deed
—
—
—
Steve North
—
Deed Of Trust
related
$250,000 · Primetrust Bank
—
—
Wn R5-madison LLC
—
Deed Of Trust
related
$2,233,500 · Edmonton St Bk
—
—
Steve North
—
Deed Of Trust
related
$260,000 · Primetrust Bank
—
—
Stephen North
—
Deed Of Trust
related
$355,000 · Pinnacle National Bank
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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