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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Drive through restaurants
1387 Nashville Pike Gallatin, TN 37066-3147
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-2854565
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,422 SF
Lot
1.5 ac (65,340 SF)
APN
083136 01201
UPID
US80-2854565
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
-
Andy's Frozen Custard Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$775k
Owner & transaction history
South National Development Company · 5 yrs held
South National Development Company
since 2021
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
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 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
$915,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $725k (Jun 25 2021)
Last sale anchor
$725k
Jun 25 2021
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
$320 / 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
$13,632
Tax year 2023
Assessed value
$446,640
Assessed 2023
Previous assessed
$446,640
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$260,560
Assessed improvement
$186,080
Land market value
$651,400
Improvement market value
$465,200
Total market value
$1,116,600
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
2,422 SF
Lot
1.5 ac (65,340 SF)
APN
083136 01201
UPID
US80-2854565
Jurisdiction
SUMNER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
South National Development Company
Entity
Free & Clear · 5 yrs held
Mailing address
2432 E MADRID AVE, SPRINGFIELD, MO 65804-1884
Ownership since
2021
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
Jun 1, 2022
—
South National Development Company
—
Deed
related
$2,400,000 · Guaranty Bank
Jun 25, 2021
—
South National Development Company
Sumner Partners
Quit Claim Deed
related
—
Jun 25, 2021
$725,000
South National Development Company
Sumner Partners
Warranty Deed
$1,570,863 · Oakstar Bank NA
Feb 15, 2019
—
Nashville Pike LLC
—
Deed
related
$905,934 · Relyance Bk NA
Jan 3, 2019
—
Nashville Pike LLC
—
Grant Deed
related
$8,097,950 · Relyance Bk NA
Dec 19, 2018
$2,485,084
Nashville Pike LLC
Sumner Partners
Warranty Deed
—
—
—
Nashville Pike LLC
—
Deed Of Trust
related
$905,934 · Relyance Bk NA
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
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