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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Turn key restaurants
1616 Gallatin N Pike, Madison, TN 37115-2104
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0525033
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1983
Total area
4,115 SF
Lot
0.7 ac (30,492 SF)
Zoning code
SCR
APN
034-06-0-041-00
UPID
US80-0525033
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
-
Robert Lifson, M.D Pediatrician Physician
-
Pollo Campero Restaurant
-
Richard D. Stahl, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.50M
Owner & transaction history
Gaytan Properties LLC · 4 yrs held
Gaytan Properties LLC
since 2022
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
SCR · 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
$1,465,000
ML approach
$1,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,045,000
Current use
AUTO REPAIR, GARAGE
$2,015,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,945,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,745,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.50M (Mar 31 2022)
Last sale anchor
$1.50M
Mar 31 2022
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
$363 / 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
$16,437
Tax year 2023
Assessed value
$562,520
Assessed 2023
Previous assessed
$562,520
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$243,920
Assessed improvement
$318,600
Land market value
$609,800
Improvement market value
$796,500
Total market value
$1,406,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1983
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,115 SF
Lot
0.7 ac (30,492 SF)
Zoning code
SCR
APN
034-06-0-041-00
UPID
US80-0525033
Jurisdiction
DAVIDSON
Zoning & alternative use
SCR · Madison, TN
Zoning SCR · permitted uses
SCR · 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
RESTAURANT Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
RESTAURANT Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1983
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Gaytan Properties LLC
Entity
Mailing address
9275 EXTON LN, BRENTWOOD, TN 37027-1407
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
Gaytan Properties LLC
Sosa Properties LLC
Quit Claim Deed
related
$2,011,474 · Regions Bank
Aug 24, 2020
$1,500,000
Sosa Properties LLC
P & M Investment Company LLC
Warranty Deed
$1,275,000 · Regions Bank
Oct 23, 2017
$1,117,865
P And M Investments Company LLC
B And G Holdings
Warranty Deed
$726,612 · Pinnacle Bank
May 21, 2003
$695,000
B Gp
Adventist Health System /sunbe
Grant Deed
related
$556,000 · National Bank Commerce Tr & Sa
Apr 30, 1991
$2,006,323
Adventist,health System/sunbelt
Unknown
Grant Deed
—
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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