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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3416 Hwy 411 Madisonville, TN 37354-6446
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US80-1665699
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2002
Total area
3,600 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C-3
APN
062057 07000
UPID
US80-1665699
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
-
CHECKERED FLAG MARKET Gas Station
-
IANS MARKET Gas Station
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
Boghani Properties LLC · 13 yrs held
Boghani Properties LLC
since 2013
4 recorded transactions
Zoning & alternative use
C-3 · Madisonville, 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 Madisonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madisonville 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,063
Tax year 2022
Assessed value
$297,800
Assessed 2023
Previous assessed
$196,440
+51.6% YoY
Effective rate
2.04%
On assessed value
Assessed land
$107,760
Assessed improvement
$190,040
Land market value
$269,400
Improvement market value
$475,100
Total market value
$744,500
Applied tax rate
62.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2002
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
3,600 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C-3
APN
062057 07000
UPID
US80-1665699
Jurisdiction
MONROE
Zoning & alternative use
C-3 · Madisonville, TN
Zoning C-3 · permitted uses
C-3 · Madisonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madisonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Boghani Properties LLC
Entity
Mailing address
3416 HWY 411, MADISONVILLE, TN 37354-6446
Ownership since
2013
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
Jan 22, 2019
—
Boghani Properties LLC
—
Deed
related
$1,100,000 · Pinnacle Bk
Jun 12, 2013
$1,300,000
Boghani Properties LLC
Russell,james S JR & Rhonda A
Warranty Deed
$1,100,000 · Capitalmark Bank & Trust
—
—
Boghani Properties LLC
—
Loan Modification
related
$1,100,000 · Pinnacle Bk
—
—
Checkered Flag Market
—
Deed Of Trust
related
$577,124 · Peoples Bank E Tn
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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