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Property profile & analytics
OFF-MARKET
Estimated value
$6,810,000
Grocery and convenience stores
711 Gallatin Ave Nashville, TN 37206-3226
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-1796177
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1978
Total area
53,366 SF
Lot
3.96 ac (172,498 SF)
Zoning code
MUG-A
APN
083-05-0-199-00
UPID
US80-1796177
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
-
Deborah J. Reynolds, PharmD Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Bicycle Repair Station and Pump Bicycle Rack
-
Kroger Grocery & Convenience Store Food Market
-
Coinstar Kiosk | Bitcoin ATM Kiosk Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.81M
Owner & transaction history
Gallatin Realty Partners · 8 yrs held
Gallatin Realty Partners
since 2017
4 recorded transactions
Zoning & alternative use
MUG-A · Nashville, 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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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%
$10,255,000
6.5%
$9,465,000
7%
$8,790,000
Blend value · Realmo final
$6.81M
Range $6.13M – $7.49M · ±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
$128 / 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
$143,331
Tax year 2023
Assessed value
$4,404,760
Assessed 2023
Previous assessed
$4,404,760
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$2,821,880
Assessed improvement
$1,582,880
Land market value
$7,054,700
Improvement market value
$3,957,200
Total market value
$11,011,900
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1978
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
53,366 SF
Lot
3.96 ac (172,498 SF)
Zoning code
MUG-A
APN
083-05-0-199-00
UPID
US80-1796177
Jurisdiction
DAVIDSON
Zoning & alternative use
MUG-A · Nashville, TN
Zoning MUG-A · permitted uses
MUG-A · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.96 ac
Current owner
From public records · entity-resolved
Gallatin Realty Partners
Entity
Mailing address
3 PEACH BLOSSOM SQ, NASHVILLE, TN 37205-2514
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2017
—
Gallatin Realty Partners
Gallatin Realty Partners
Quit Claim Deed
related
—
Mar 26, 2012
—
Gallatin Partners
Gallatin Realty Ltd
Quit Claim Deed
related
—
—
—
Gallatin Realty Partners Gp
—
Deed Of Trust
related
$1,255,000 · Pinnacle National Bank
—
—
Gallatin Realty Partners Gp
—
Deed Of Trust
related
$250,000 · Pinnacle National 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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