New search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1311 Neelys Bnd Rd, Madison, TN 37115
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2925267
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1972
Total area
3,315 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CN
APN
052-16-0-111-00
UPID
US80-2925267
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
-
MAPCO Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dean Kouka · 14 yrs held
Dean Kouka
since 2011
7 recorded transactions
Zoning & alternative use
CN · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,679
Tax year 2023
Assessed value
$331,240
Assessed 2023
Previous assessed
$331,240
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$31,360
Assessed improvement
$299,880
Land market value
$78,400
Improvement market value
$749,700
Total market value
$828,100
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
1972
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,315 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CN
APN
052-16-0-111-00
UPID
US80-2925267
Jurisdiction
DAVIDSON
Zoning & alternative use
CN · Madison, TN
Zoning CN · permitted uses
CN · 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
1972
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Dean Kouka
Individual
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
—
Oakley Enterprises Gp
—
Deed
related
$300,000 · Grassland Financial Services LLC
Aug 24, 2018
—
Barry N Oakly
—
Deed
related
$450,000 · Wilson Bk&tr
Nov 1, 2011
—
Dean Kouka
Hud-housing Of Urban Dev
Grant Deed
related
—
Sep 8, 2011
—
Oakley Ents Gp
Oakley Ents LP
Quit Claim Deed
related
—
Jan 26, 2011
$35,000
Thomas L Krantz SR.
Griffin,michael A
Warranty Deed
—
Nov 9, 2007
—
Paul C Litton
Stinson,terry SR
Quit Claim Deed
related
—
Nov 2, 2006
$74,100
Denise L Lang
Try Properties
Warranty Deed
$59,100 · Wmc Mortgage Corp
Apr 21, 2005
$55,000
Try Properties
Groves,mary F
Warranty Deed
—
Oct 18, 2004
$33,491
Sb Properties
Mendez,dana
Trustees Deed
—
Aug 4, 2004
—
Patricia K Wood
Eubanks Mary F
Quit Claim Deed
related
—
Mar 9, 2004
$35,000
Dennis A Larue
Webb,james R & Cynthia W
Warranty Deed
—
Mar 3, 2004
$42,400
Tommy R Harris
Mason,malinda
Warranty Deed
$40,280 · Argent Mortgage Co LLC
Jan 28, 2004
$35,500
Household Financial Center INC
Griffin Denise
Trustees Deed
related
—
—
—
Barry N Oakly
—
Loan Modification
related
$450,000 · Wilson Bk&tr
—
—
Martha S Broadrick
—
Deed Of Trust
related
$10,000 · Lehman Brothers Bank Fsb
—
—
Katie M Payne
—
Deed Of Trust
related
$10,000 · Amsouth Bank
—
—
Martha S Broadrick
—
Deed Of Trust
related
$29,900 · Lehman Brothers Bank Fsb
—
—
Theresa C Davis
—
Deed Of Trust
related
$15,169 · Citifinancial INC
—
—
Vick Stephens JR.
—
Deed Of Trust
related
$56,000 · Sebring Capital Partners LP
—
—
Joan T Bates
—
Deed Of Trust
related
$26,250 · Old Hickory Cu
—
—
Theresa C Davis
—
Deed Of Trust
related
$11,642 · Citifinancial INC
—
—
Vick Stephens JR.
—
Deed Of Trust
related
$14,000 · Sebring Capital Partners LP
—
—
Ronald D Chance
—
Deed Of Trust
related
$31,500 · J P Morgan Chase Bank
—
—
Ronald D Chance
—
Deed Of Trust
related
$27,750 · J P Morgan Chase Bank
—
—
Ronald D Chance
—
Deed Of Trust
related
$27,750 · J P Morgan Chase Bank
—
—
Tommy R Harris
—
Deed Of Trust
related
$7,500 · Suntrust Mortgage INC
—
—
Tommy R Harris
—
Deed Of Trust
related
$34,300 · Suntrust Mortgage INC
—
—
Ronald D Chance
—
Deed Of Trust
related
$54,000 · J P Morgan Chase 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.
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 1311 Neelys Bnd 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.
