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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Warehouses
626 Gallatin S Pike Madison, TN 37115
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1237185
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Total area
720 SF
Lot
0.16 ac (6,970 SF)
Zoning code
CS
APN
043-05-0-171-00
UPID
US80-1237185
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
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Mojtaba Rabiei · 2 yrs held
Mojtaba Rabiei
since 2024
Last sale
$925,000
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
Method
Estimation
Statistic approach
$925,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $925k (May 13 2024)
Last sale anchor
$925k
May 13 2024
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
$1,285 / 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
$2,127
Tax year 2023
Assessed value
$65,360
Assessed 2023
Previous assessed
$65,360
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$45,360
Assessed improvement
$20,000
Land market value
$113,400
Improvement market value
$50,000
Total market value
$163,400
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
720 SF
Lot
0.16 ac (6,970 SF)
Zoning code
CS
APN
043-05-0-171-00
UPID
US80-1237185
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Madison, TN
Zoning CS · permitted uses
CS · 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
Year built
2005
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mojtaba Rabiei
Individual
Mailing address
9400 ADDIE GLENN CIR, BRENTWOOD, TN 37027-2212
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2024
$925,000
Mojtaba Rabiei
Parvin Vafai
Warranty Deed
$100,000 · Victor Hazelwood
Apr 4, 2024
$400,000
Parvin Vafai
Bahman Barati
Warranty Deed
—
May 11, 2017
—
Capital Dev Partners LLC
Emeco Properties LLC
Quit Claim Deed
related
—
May 11, 2017
$245,000
Capital Dev Partners LLC
Truitt C Ellis
Grant Deed
—
Oct 1, 2014
—
Truit C Ellis
Ellis,truit C
Quit Claim Deed
related
—
Jul 24, 2014
$75,000
Truitt C Ellis
Crossman,james A
Grant Deed
—
Jun 13, 2014
$150,000
Bahman Barati
Holmes,jeremy
Warranty Deed
—
Dec 16, 2013
$150,000
James A Crossman
626 Building
Grant Deed
—
Nov 21, 2003
$208,000
Jeremy Holmes
Davis,eric T
Grant Deed
$205,000 · Eric T Davis
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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