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    Property profile & analytics

    1217 Northgate Business Pkwy Madison, TN 37115-2475

    • Warehouses
    • 21,460 SF
    • 5.53 lot acres
    OFF-MARKET
    Value Estimation
    $935,000
    Last Sale
    May 07, 2024
    Location Intelligence
    Property ID
    US80-0966432
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rj Wherry & Associates / Cabinet Maker

    Property Details for 1217 Northgate Business Pkwy

    Year built
    1998
    Lot size
    5.53 lot acres
    Property size
    21,460 SF
    Zone code
    IR
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    034-11-0-034-00
    APU
    3411003400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $905,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,180,000
      6.5%
      $1,020,000
      7%
      $1,100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,210,000
      Geo Method
      $1,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,030,000
      Retail
      $1,035,000
      Mixed-Use
      $1,145,000
      Hospitality
      $1,005,000
      Educational
      $865,000
      Residential Income
      $1,195,000
      Energy
      $1,160,000
      Income-Based Land
      $1,025,000
      Food Service
      $1,055,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6896
    Latitude
    36.2869
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,540
    $231,240
    $768,760
    $1,000,000
    -
    $578,100
    $1,921,900
    $2,500,000

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      217 Williams Ave

      MINI-WAREHOUSE, STORAGE • 0.34 Acres
      217 Williams Ave, Madison, TN 37115-2624
      View Details
    • Value Estimation by Request
      1,833 SF

      224 Old Hickory Blvd

      MINI-WAREHOUSE, STORAGE • 1,833 SF
      224 Old Hickory Blvd, Madison, TN 37115
      View Details
    • Value Estimation by Request
      2,500 SF

      217 Williams Ave

      MINI-WAREHOUSE, STORAGE • 2,500 SF
      217 Williams Ave, Madison, TN 37115-2624
      View Details
    • Value Estimation by Request
      135,300 SF

      211 Nesbitt Ln

      MINI-WAREHOUSE, STORAGE • 135,300 SF
      211 Nesbitt Ln, Madison, TN 37115-2612
      View Details
    • Value Estimation
      $3,485,000
      2,400 SF

      2416 Gallatin N Pike

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      2416 Gallatin N Pike, Madison, TN 37115
      View Details
    • Value Estimation
      $315,000
      17,565 SF

      221 Nesbitt Ln

      MINI-WAREHOUSE, STORAGE • 17,565 SF
      221 Nesbitt Ln, Madison, TN 37115-2612
      View Details

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      Industrial Space in Madison, TN

      Industrial property available for lease in Madison, Tennessee.
      1200 Northgate Business Pkwy, Madison, TN 37115
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    Madison, TN 37115-2475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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