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Property profile & analytics
OFF-MARKET
Retail residential properties
172 Range Ave Madison, FL 32340-2458
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-8900955
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1905
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,300 SF
Lot
0.06 ac (2,483 SF)
APN
00-00-00-3702-000-000
UPID
US18-8900955
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
-
Revelation Missionary Baptist Church / New Vision Community Outreach Church
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
New Vision Community Outreach INC · 6 yrs held
New Vision Community Outreach INC
since 2020
Last sale
$137,500
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 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
Assessed value
$103,721
Assessed 2023
Previous assessed
$100,578
+3.1% YoY
Assessed land
$23,625
Assessed improvement
$80,096
Land market value
$23,625
Improvement market value
$80,096
Total market value
$103,721
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1905
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
4
Bathrooms
2
Total area
5,300 SF
Lot
0.06 ac (2,483 SF)
APN
00-00-00-3702-000-000
UPID
US18-8900955
Jurisdiction
MADISON
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
1905
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
4
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
New Vision Community Outreach INC
Entity
Mailing address
PO BOX 1065, MADISON, FL 32341-5065
Ownership since
2020
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
Jan 13, 2020
$137,500
New Vision Community Outreach INC
The Main Street Playhouse LLC
Warranty Deed
$123,750 · Madison County Community Bank
Oct 16, 2015
$60,000
Main Street Playhouse LLC
Annett,brian A & Mary C
Warranty Deed
$60,000 · Arthur G & Florida D Smith
Oct 16, 2015
—
Brian A Annett
Madison Diamond Sports LLC
Grant Deed
related
—
Apr 10, 2015
$60,000
Madison Diamond Sports LLC
Adler Astrid
Warranty Deed
—
Apr 10, 2015
—
Astrid Adler
Padgett Bethany
Grant Deed
related
—
Apr 3, 2014
—
Astride Adler
Sudymont,walter
Quit Claim Deed
related
—
Jan 25, 2011
$177,200
Walter Sudymont
Padgett,bethany
Warranty Deed
—
May 31, 2007
$95,000
Bethany M Padgett
Madison R/e Holdings LLC
Warranty Deed
—
May 31, 2007
$94,900
Bethany Padgett
Madison R/e Holdings LLC
Warranty Deed
$95,572 · Madison R/e Holdings LLC
Oct 20, 2005
—
Madison R/e Holdings LLC
—
Trustees Deed
related
$50,000 · Citizens Bank Perry
Jun 6, 2005
$85,000
Real Est Madison
Murfin,scott E
Warranty 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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