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Property profile & analytics
OFF-MARKET
Estimated value
$2,575,000
Manufacturing properties
555 Airport Rd Gallatin, TN 37066-4901
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-1448496
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,680 SF
Lot
3.31 ac (144,184 SF)
Zoning code
IR
APN
083112 07306
UPID
US80-1448496
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
$2.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.58M
Owner & transaction history
Pavement Restorations INC · 1 yrs held
Pavement Restorations INC
since 2025
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
IR · Gallatin, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.9M
+93.7%
Warehouse, storage
$3.3M
+64.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,830,000
6.5%
$2,615,000
7%
$2,425,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,010,000
Current use
RETAIL STORES
$3,895,000
Change: +94% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,315,000
Change: +65% · Conversion: Easy
Blend value · Realmo final
$2.58M
Range $2.32M – $2.83M · ±10% · vs last sale $2.60M (Feb 8 2023)
Last sale anchor
$2.60M
Feb 8 2023
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
$100 / 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
$8,514
Tax year 2023
Assessed value
$278,960
Assessed 2023
Previous assessed
$278,960
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$60,240
Assessed improvement
$218,720
Land market value
$150,600
Improvement market value
$546,800
Total market value
$697,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
2
Total area
25,680 SF
Lot
3.31 ac (144,184 SF)
Zoning code
IR
APN
083112 07306
UPID
US80-1448496
Jurisdiction
SUMNER
Zoning & alternative use
IR · Gallatin, TN
Zoning IR · permitted uses
IR · Gallatin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gallatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
RETAIL STORES
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$3.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
3.31 ac
Current owner
From public records · entity-resolved
Pavement Restorations INC
Entity
Free & Clear · 1 yrs held
Mailing address
555 AIRPORT RD, GALLATIN, TN 37066-4901
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
$3,890,000
Pavement Restorations INC
Tegrah Resources LLC
Special Warranty Deed
—
Feb 8, 2023
$2,600,000
Tegrah Resources LLC
Nature S Point Acquisition Company
Warranty Deed
—
Mar 10, 2017
$364,902
Nature S Point Acquisition Company
Nature S Point Manufactured Stone L
Warranty Deed
$465,000 · The Bank Of Nashville
Jul 14, 2005
$715,500
Natures Edge Manufactured Sto
Templeton,larry G & Carolyn
Trustees Deed
related
$608,175 · Amsouth Bank
Aug 10, 2001
—
Templeton Family Partnership
Templeton,larry & Carolyn
Quit Claim Deed
related
—
Jan 3, 1996
$190,000
Larry Templeton
Unknown
Grant Deed
$400,000 · Cumberland Bank
Aug 24, 1995
$190,000
Larry Templeton
Unknown
Grant Deed
$100,000 · Cumberland Bank
Jun 15, 1992
$190,000
Larry Templeton
Unknown
Grant Deed
—
—
—
Larry G Templeton
—
Deed Of Trust
related
$350,000 · First American National Bank
—
—
Larry Templeton
—
Deed Of Trust
related
$100,000 · Cumberland 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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