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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Assisted living facilities
438 Water Ave Gallatin, TN 37066-2306
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-1103837
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Total area
55,928 SF
Lot
5.73 ac (249,599 SF)
APN
083113K K 00600
UPID
US80-1103837
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
-
Gallatin Center for Rehabilitation and Healing Rehabilitation Center Nursing Home
-
Ijagha Eme Physician
-
Moore Elizabeth A Rehabilitation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Gallatin Property LLC · 10 yrs held
Gallatin Property LLC
since 2016
5 recorded transactions
Zoning & alternative use
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 Gallatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gallatin 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
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$16 / 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
$62,258
Tax year 2023
Assessed value
$2,039,840
Assessed 2023
Previous assessed
$2,039,840
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$231,320
Assessed improvement
$1,808,520
Land market value
$578,300
Improvement market value
$4,521,300
Total market value
$5,099,600
Applied tax rate
83.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
49
Total area
55,928 SF
Lot
5.73 ac (249,599 SF)
APN
083113K K 00600
UPID
US80-1103837
Jurisdiction
SUMNER
Zoning & alternative use
Zoning · permitted uses
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
1970
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
49
Lot
5.73 ac
Current owner
From public records · entity-resolved
Gallatin Property LLC
Entity
Free & Clear · 10 yrs held
Mailing address
36 AIRPORT RD STE #102, LAKEWOOD, NJ 08701-7034
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2016
$16,000,000
Gallatin Property LLC
Gallatin Health Care Properties LLC
Special Warranty Deed
—
Nov 25, 2013
—
Gallantin Health Care Properties Ll
Gallatin Health Care Center LLC
Quit Claim Deed
related
$8,861,900 · Berkley Point Capital LLC
Mar 6, 2013
—
Gallatin Health Care Center Ll
—
Grant Deed
related
$9,250,000 · Wilson Bank & Trust
Apr 6, 1999
—
Rocky S Thomas
John B Wallace Estate
Grant Deed
related
—
—
—
Gallatin Health Care Center Ll
—
Deed Of Trust
related
$9,000,000 · Tennessee Commerce Bank
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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