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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Grocery and convenience stores
1273 Airport Rd Gallatin, TN 37066-3719
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1981809
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2006
Total area
3,500 SF
Lot
1 ac (43,560 SF)
Zoning code
IG
APN
083127 06503
UPID
US80-1981809
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
-
Exxon Gas Station
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$750k
Owner & transaction history
Gerges Samaan · 10 yrs held
Gerges Samaan
since 2015
7 recorded transactions
Zoning & alternative use
IG · Gallatin, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$745,000
+40.1%
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 Gallatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gallatin 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$530,000
Current use
COMMERCIAL (GENERAL)
$745,000
Change: +40% · Conversion: Easy
WAREHOUSE, STORAGE
$450,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$214 / 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
$7,041
Tax year 2023
Assessed value
$230,680
Assessed 2023
Previous assessed
$230,680
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$27,040
Assessed improvement
$203,640
Land market value
$67,600
Improvement market value
$509,100
Total market value
$576,700
Applied tax rate
83.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2006
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
3,500 SF
Lot
1 ac (43,560 SF)
Zoning code
IG
APN
083127 06503
UPID
US80-1981809
Jurisdiction
SUMNER
Zoning & alternative use
IG · Gallatin, TN
Zoning IG · permitted uses
IG · Gallatin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gallatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$530,000
COMMERCIAL (GENERAL)
Est. value
$745,000
WAREHOUSE, STORAGE
Est. value
$450,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2006
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
Gerges Samaan
Individual
Mailing address
1273 AIRPORT RD, GALLATIN, TN 37066-3719
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
—
Eiffel LLC
—
Deed
related
—
Aug 18, 2015
$100,000
Gerges Samaan
Fann,stephen D
Warranty Deed
$75,000 · Commerce Union Bk
Dec 9, 2014
$1,150,000
Eiffel LLC
Stephen D Fann
Warranty Deed
$862,409 · Commerce Union Bank
Dec 7, 2010
—
Stephen D Fann
Fann,marie D
Quit Claim Deed
related
—
Oct 22, 1993
$100,000
Steve Fann
Unknown
Grant Deed
—
Jun 16, 1989
$30,000
Ralph And Webster
Unknown,
Grant Deed
—
—
—
Steve Fann
—
Deed Of Trust
related
$30,000 · Greenbank
—
—
Fann,steve
—
Deed Of Trust
related
$786,227 · Commerce Union Bank
—
—
Steve Fann
—
Deed Of Trust
related
$720,000 · Cumberland Bank
—
—
Eiffel LLC
—
Loan Modification
related
—
—
—
Steve Fann
—
Deed Of Trust
related
$30,000 · Cumberland 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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