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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Office buildings
370 Cumberland Way Madison, TN 37115-3170
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-2823806
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
18,048 SF
Lot
2.28 ac (99,317 SF)
Zoning code
OG
APN
052-03-0-190-00
UPID
US80-2823806
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.03M
Owner & transaction history
370 Cumberland Way LLC · 5 yrs held
370 Cumberland Way LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
OG · 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
$1,735,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10% · vs last sale $2.10M (Jan 4 2021)
Last sale anchor
$2.10M
Jan 4 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
$112 / 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
$26,496
Tax year 2023
Assessed value
$906,760
Assessed 2023
Previous assessed
$823,680
+10.1% YoY
Effective rate
2.92%
On assessed value
Assessed land
$52,000
Assessed improvement
$854,760
Land market value
$130,000
Improvement market value
$2,136,900
Total market value
$2,266,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
18,048 SF
Lot
2.28 ac (99,317 SF)
Zoning code
OG
APN
052-03-0-190-00
UPID
US80-2823806
Jurisdiction
DAVIDSON
Zoning & alternative use
OG · Madison, TNZoning OG · permitted uses
OG · Madison, TN
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
1965
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.28 ac
Current owner
From public records · entity-resolved
370 Cumberland Way LLC
Entity
Mailing address
370 CUMBERLAND WAY, MADISON, TN 37115-3170
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
$2,100,000
370 Cumberland Way LLC
Fidelity Partners Gp
Special Warranty Deed
$1,100,000 · Ccc Bt Ed 370 Nashville LLC
Oct 5, 2020
—
Fidelity Partners Gp
—
Deed
related
$500,000 · Pinnacle Bk
May 12, 2016
—
Fidelity Partners Gp
—
Deed
related
$120,000 · Pinnacle Bk
Jun 16, 2015
$235,000
Cumberland Way Properties LLC
David R Henley
Warranty Deed
—
Jun 3, 2014
$15,000
David R Henley
Hti Memorial Hospital Corp
Grant Deed
—
—
—
Fidelity Partners Gp
—
Deed Of Trust
related
$120,000 · Pinnacle Bk
—
—
Fidelity Partners Gp
—
Deed Of Trust
related
$500,000 · Pinnacle 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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