Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Office buildings
2417 Gallatin N Pike Madison, TN 37115-2021
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-1150326
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
4,152 SF
Lot
1.46 ac (63,598 SF)
Zoning code
CS
APN
026-12-0-009-00
UPID
US80-1150326
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
-
Perkins Motor Plex Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$950k
Owner & transaction history
Laminin Holdings Tennessee LLC · 9 yrs held
Laminin Holdings Tennessee LLC
since 2016
7 recorded transactions
Zoning & alternative use
CS · Madison, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+28.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$915,000
Current use
MEDICAL BUILDING
$1,170,000
Change: +28% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$885,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$745,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10%
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
$229 / 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
$23,708
Tax year 2023
Assessed value
$811,360
Assessed 2023
Previous assessed
$658,840
+23.1% YoY
Effective rate
2.92%
On assessed value
Assessed land
$508,800
Assessed improvement
$302,560
Land market value
$1,272,000
Improvement market value
$756,400
Total market value
$2,028,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,152 SF
Lot
1.46 ac (63,598 SF)
Zoning code
CS
APN
026-12-0-009-00
UPID
US80-1150326
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Madison, TNZoning CS · permitted uses
CS · Madison, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$915,000
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$885,000
WAREHOUSE, STORAGE
Est. value
$745,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2013
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Laminin Holdings Tennessee LLC
Entity
Mailing address
PO BOX 5332, MAYFIELD, KY 42066-0052
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
—
Laminin Holdings-tennessee LLC
—
Grant Deed
related
$2,160,000 · Heritage Bk USA
Sep 28, 2016
$1,000,000
Laminin Holdings Tennessee LLC
Action Nissan Realty Pa
Warranty Deed
$1,720,000 · Pinnacle Bank
Sep 28, 2016
$700,000
Laminin Holdings-tennessee LLC
Action Nissan Realty Partners
Warranty Deed
—
Jan 30, 2013
$1,000,000
Laminin Holdings-tennessee LLC
Action Nissan Realty Partners
Dual Purpose Document
related
$500,000 · Action Nissan Realty Partners
Nov 13, 2012
—
Action Nissan Realty Partners
Action Nissan Realty Partners
Quit Claim Deed
related
—
May 8, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 1, 2002
$940,220
Action Nissan Realty Partners
Cumberland Motors LLC
Grant Deed
—
May 28, 1999
$618,000
Cumberland Motors LLC
Holder,james D & Barbara L
Grant Deed
$953,800 · Volunteer State Bank
Oct 31, 1988
$275,000
James D Holder
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.
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 2417 Gallatin N Pike?
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.
