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Property profile & analytics
OFF-MARKET
Estimated value
$4,375,000
Showrooms
1809 Gallatin N Pike, Madison, TN 37115-2016
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-1868108
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Total area
5,250 SF
Lot
4.93 ac (214,751 SF)
Zoning code
SP
APN
034-02-0-025-00
UPID
US80-1868108
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
-
Freedom USA Auto Sales Car Dealership
-
Town & Country Ford Fleet Service Department Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.56M
Blend (final)
Blend
$4.38M
Owner & transaction history
1212 Broadway Partners · 5 yrs held
1212 Broadway Partners
since 2021
Last sale
$4.1M
4 recorded transactions
Zoning & alternative use
SP · 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
$4,770,000
ML approach
$4,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.38M
Range $3.94M – $4.81M · ±10% · vs last sale $4.10M (May 17 2021)
Last sale anchor
$4.10M
May 17 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
$833 / 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
$45,582
Tax year 2023
Assessed value
$1,559,960
Assessed 2023
Previous assessed
$1,559,960
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$859,000
Assessed improvement
$700,960
Land market value
$2,147,500
Improvement market value
$1,752,400
Total market value
$3,899,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
5,250 SF
Lot
4.93 ac (214,751 SF)
Zoning code
SP
APN
034-02-0-025-00
UPID
US80-1868108
Jurisdiction
DAVIDSON
Zoning & alternative use
SP · Madison, TN
Zoning SP · permitted uses
SP · 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
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
6
Lot
4.93 ac
Current owner
From public records · entity-resolved
1212 Broadway Partners
Entity
Free & Clear · 5 yrs held
Mailing address
4117 HILLSBORO PIKE #103363, NASHVILLE, TN 37215-2728
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
$4,100,000
1212 Broadway Partners
Smd Properties LLC
Warranty Deed
—
Jul 11, 2019
$3,250,000
Smd Properties LLC
Steve R Brewster
Warranty Deed
$2,437,500 · Valley Republic Bank
Nov 3, 2011
$2,150,000
Steve R Brewster
Williams,phyllis J
Warranty Deed
$1,600,000 · Volunteer State Bank
—
—
Steve R Brewster
—
Deed Of Trust
related
$3,500,000 · Volunteer St Bk
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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