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Property profile & analytics
OFF-MARKET
Industrial land
501 Myatt Dr Madison, TN 37115-2451
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-0038620
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.48 ac (20,909 SF)
Zoning code
CS
APN
043-03-0-004-00
UPID
US80-0038620
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hadi Ahmadzadegan · 5 yrs held
Hadi Ahmadzadegan
since 2021
Last sale
$168,000
7 recorded transactions
Zoning & alternative use
CS · 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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,354
Tax year 2023
Assessed value
$41,600
Assessed 2023
Previous assessed
$41,600
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$41,600
Land market value
$104,000
Total market value
$104,000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Lot
0.48 ac (20,909 SF)
Zoning code
CS
APN
043-03-0-004-00
UPID
US80-0038620
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
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Lot
0.48 ac
Current owner
From public records · entity-resolved
Hadi Ahmadzadegan
Individual
Free & Clear · 5 yrs held
Mailing address
821 TINTERN ABBOTT CT, NASHVILLE, TN 37211-7146
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
Jun 17, 2021
$168,000
Hadi Ahmadzadegan
Charles Wendell Waller JR
Warranty Deed
—
Dec 20, 2012
$54,000
Waller Trust
Wilson Bank & Trust
Grant Deed
—
Aug 7, 2012
$56,041
Wilson Bk & Trust
Lee Robert E
Trustees Deed
related
—
Mar 20, 2007
—
Value Built Homes INC
—
Trustees Deed
related
$50,841 · Wilson Bank & Trust
May 27, 2004
$75,500
Value Built Homes INC
Walker,aaron T & Robin M
Grant Deed
—
Jul 29, 1999
$135,000
Robin M Walker
Mcwhorter,r C
Grant Deed
$80,000 · Union Planters National Bank
May 31, 1989
$150,000
R Clayton Mcwhorter
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.
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