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    Property profile & analytics

    341 Gallatin N Pike Madison, TN 37115-3703

    • Grocery and convenience stores
    • 2,496 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US80-1045548
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cheapest Discount Tobacco & Br / Tobacco Shop
    • Band 5 Discount Tobacco / Tobacco Shop

    Property Details for 341 Gallatin N Pike

    Year built
    1950
    Lot size
    0.40 lot acres
    Property size
    2,496 SF
    Zone code
    CS
    Property type
    Grocery and convenience stores
    APN
    043-09-0-020-00
    APU
    4309002000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $260,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $230,000
      Mixed-Use
      $210,000
      Hospitality
      $245,000
      Educational
      $220,000
      Residential Income
      $295,000
      Energy
      $215,000
      Income-Based Land
      $295,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7116
    Latitude
    36.2655
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,718
    $104,560
    $71,160
    $175,720
    -
    $261,400
    $177,900
    $439,300

    Comparable in this City

    • Value Estimation
      $2,435,000
      5,137 SF

      1200 Old Hickory Blvd

      GROCERY, SUPERMARKET • 5,137 SF
      1200 Old Hickory Blvd, Madison, TN 37115-4238
      View Details
    • Value Estimation
      $380,000
      5,298 SF

      1105 Gallatin N Pike

      GROCERY, SUPERMARKET • 5,298 SF
      1105 Gallatin N Pike, Madison, TN 37115-2737
      View Details
    • Value Estimation
      $1,535,000
      1,368 SF

      317 Myatt Dr

      CONVENIENCE STORE (W/FUEL PUMP) • 1,368 SF
      317 Myatt Dr, Madison, TN 37115-3022
      View Details
    • Value Estimation
      $510,000
      4,644 SF

      1516 Gallatin S Pike

      GROCERY, SUPERMARKET • 4,644 SF
      1516 Gallatin S Pike, Madison, TN 37115-5353
      View Details
    • Value Estimation
      $1,520,000
      3,740 SF

      321 Myatt Dr

      GROCERY, SUPERMARKET • 3,740 SF
      321 Myatt Dr, Madison, TN 37115-3022
      View Details
    • Value Estimation
      $360,000
      3,102 SF

      1201 Gallatin Pike

      GROCERY, SUPERMARKET • 3,102 SF
      1201 Gallatin Pike, Madison, TN 37115
      View Details

    Similar Nearby for Sale

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      Renovated Retail/Office Flex Building

      Renovated commercial building in Rivergate, leased to national tenant.
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    Similar Nearby for Lease

    • $9 SF/Yr
      6,563 SF

      Versatile Retail Space For Rent

      Adaptable retail, storage, or office space with ample parking.
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    • Contact for pricing
      2,500 SF

      Madison Square Retail Space

      2,500 sq ft retail space in Nashville's Madison Square.
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    • Contact for pricing
      2,932 SF

      Retail Building in Madison, TN

      2,932 SF stand-alone building on 1.11 acre parcel.
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    • Contact for pricing
      8,000 SF

      Retail Space in RiverGate Center

      Retail space available in a community strip center.
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      View Details
    • Contact for pricing
      1,300 SF

      Retail Space in Madison, TN

      Retail space available for lease in Madison, Tennessee.
      1748 Gallatin Pike N, Madison, TN 37115
      View Details
    • $20 SF/Yr
      4,000 SF

      Prime Retail Space on Gallatin

      High-visibility retail suites available in Madison, TN.
      2021 Gallatin Pike N, Madison, TN 37115
      View Details
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    341 Gallatin N Pike
    Madison, TN 37115-3703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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