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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
555 Creative Way Madison, TN 37115-2986
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-2641670
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Total area
22,231 SF
Lot
2.36 ac (102,802 SF)
Zoning code
MULTI-ZONE
APN
051-00-0-082-00
UPID
US80-2641670
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
Richard Ribeiro · 5 yrs held
Richard Ribeiro
since 2021
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · 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
$69,181
Tax year 2023
Assessed value
$2,126,040
Assessed 2023
Previous assessed
$1,936,080
+9.8% YoY
Effective rate
3.25%
On assessed value
Assessed land
$462,920
Assessed improvement
$1,663,120
Land market value
$1,157,300
Improvement market value
$4,157,800
Total market value
$5,315,100
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
4
Total area
22,231 SF
Lot
2.36 ac (102,802 SF)
Zoning code
MULTI-ZONE
APN
051-00-0-082-00
UPID
US80-2641670
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Madison, TN
Zoning MULTI-ZONE · permitted uses
MULTI-ZONE · Madison, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
4
Buildings
2
Lot
2.36 ac
Current owner
From public records · entity-resolved
Richard Ribeiro
Individual
Free & Clear · 5 yrs held
Mailing address
707 MAIN ST #435, NASHVILLE, TN 37206-3605
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
$350,000
Richard Ribeiro
Emerald Investments LLC
Warranty Deed
—
Sep 17, 2019
$35,300
Samaroo Dev Grop LLC
State Of Tennessee
Quit Claim Deed
related
—
May 10, 2019
—
Samaroo Dev Group LLC
Samaroo Dev Group LLC
Quit Claim Deed
related
—
Jul 2, 2018
$855,000
Development Group LLC
Auburn Lane Partners Gp
Warranty Deed
—
Feb 1, 2018
$214,125
Auburn Lane Partners Gp
S & S Legacy Partners
Warranty Deed
—
Sep 11, 2007
—
S Partners
Geiger,william B
Quit Claim Deed
related
—
Jul 10, 2007
$150,000
William B Geiger
Beeler,elaine B
Grant Deed
$127,500 · First State Bank
—
—
Samaroo Dev Group LLC
—
Deed Of Trust
related
$300,000 · Reliant 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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