Property profile

124 Harris St Madison, TN 37115

FOR SALE
Medical Office Space
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Property ID
US80-1402874
3,271 SF 0.2 ac Built 1970
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
124 Harris St, Madison, TN 37115 For Sale
$800,000 3,271 SF
124 Harris St, Madison, TN 37115
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$139k
Assessed land$19k
Assessed improvement$120k
Effective rate3.25%

Value estimate

· Nov 2026
$300k
$270k – $330k
Submarket $/SF estimate$641k
NOI build-up
Gross scheduled income$97k
Vacancy & credit loss−$16k
Operating expenses−$32k
NOI · 6.07% cap applied$49k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$282/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$144 – $429
Qualifying comparables6

Cap rate analysis

How does the asset earn?
6.07%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CS
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.4
Building Supply27.1
Wholesale Shop19.4

Location

124 Harris St Madison, TN 37115
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Hospital, Madison, TN 37115-4287 $750,000 Dec 2025 3,851 SF
1221 Briarville, Madison, TN 37115-5145 $1,400,000 Oct 2024 6,846 SF
126 Harris, Madison, TN 37115-4024 $260,000 Jun 2024 1,736 SF
1308 Briarville, Madison, TN 37115-5127 $220,680 Jun 2023 6,474 SF
85 Cude, Madison, TN 37115-2292 $900,000 Mar 2019 8,778 SF
500 Lentz, Madison, TN 37115-5135 $159,900 Feb 2019 1,326 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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