Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Medical Office Space
1221 Briarville Rd Madison, TN 37115-5145
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0286808
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
6,846 SF
Lot
0.82 ac (35,719 SF)
Zoning code
OR20
APN
051-10-0-003-00
UPID
US80-0286808
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
-
DaVita Briley Parkway Dialysis Medical Clinic
-
Dunn Jr B Rentz MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.40M
Owner & transaction history
Appleseed Holdings LLC · 1 yrs held
Appleseed Holdings LLC
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
OR20 · 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
$1,400,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,625,000
7%
$1,510,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,930,000
Current use
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (Oct 7 2024)
Last sale anchor
$1.40M
Oct 7 2024
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
$204 / 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
$17,244
Tax year 2023
Assessed value
$529,920
Assessed 2023
Previous assessed
$529,920
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$71,440
Assessed improvement
$458,480
Land market value
$178,600
Improvement market value
$1,146,200
Total market value
$1,324,800
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
1998
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
2
Total area
6,846 SF
Lot
0.82 ac (35,719 SF)
Zoning code
OR20
APN
051-10-0-003-00
UPID
US80-0286808
Jurisdiction
DAVIDSON
Zoning & alternative use
OR20 · Madison, TN
Zoning OR20 · permitted uses
OR20 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.9M
MEDICAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.82 ac
Current owner
From public records · entity-resolved
Appleseed Holdings LLC
Entity
Mailing address
1221 BRIARVILLE RD, MADISON, TN 37115-5145
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
$1,400,000
Appleseed Holdings LLC
Modco Of Kentucky INC
Warranty Deed
$1,190,000 · Pinnacle Bank
Feb 4, 2021
—
Modco Of Kentucky INC
Chris Pardue
Correction Deed
related
—
Jan 27, 2021
$1,530,000
Modco Of Kentucky INC
Chris Pardue
Warranty Deed
—
Jan 13, 2021
—
Chris Pardue
Csp Graycroft
Quit Claim Deed
related
—
Dec 31, 1998
—
Mdpc Realty Associates LLC
Dialysis Associates LLC
Quit Claim Deed
related
$305,000 · Nashville Bank Of Commerce
May 7, 1998
$150,000
Dialysis Associates LLC
Moon,freda G
Grant Deed
—
—
—
Csp Graycroft
—
Deed Of Trust
related
$1,222,000 · American Fidelity Assurance Co
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 1221 Briarville Rd?
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.
