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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Gas stations
715 Gallatin N Pike, Madison, TN 37115-2810
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1798232
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1990
Total area
1,881 SF
Lot
1.14 ac (49,658 SF)
Zoning code
IWD
APN
043-05-0-036-00
UPID
US80-1798232
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
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$860k
Owner & transaction history
Pne Investment LLC · 4 yrs held
Pne Investment LLC
since 2022
Last sale
$865,000
3 recorded transactions
Zoning & alternative use
IWD · Madison, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$920,000
+81.6%
Commercial (general)
$890,000
+75.7%
Retail stores
$795,000
+57.3%
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
$845,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$920,000
Change: +82% · Conversion: Difficult
COMMERCIAL (GENERAL)
$890,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$795,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$530,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $865k (Mar 23 2022)
Last sale anchor
$865k
Mar 23 2022
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
$457 / 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
$5,646
Tax year 2023
Assessed value
$173,520
Assessed 2023
Previous assessed
$173,520
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$124,240
Assessed improvement
$49,280
Land market value
$310,600
Improvement market value
$123,200
Total market value
$433,800
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1990
Heating
SPACE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
1,881 SF
Lot
1.14 ac (49,658 SF)
Zoning code
IWD
APN
043-05-0-036-00
UPID
US80-1798232
Jurisdiction
DAVIDSON
Zoning & alternative use
IWD · Madison, TN
Zoning IWD · permitted uses
IWD · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$920,000
COMMERCIAL (GENERAL)
Est. value
$890,000
RETAIL STORES
Est. value
$795,000
MEDICAL BUILDING
Est. value
$530,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1990
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Pne Investment LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1201 GALLATIN PIKE N, MADISON, TN 37115-2737
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
$865,000
Pne Investment LLC
Envirotets Corp
Special Warranty Deed
—
Jun 23, 1995
$1,850,000
Envirotest Systems Corp
Envirotest,syste
Grant Deed
related
—
Nov 17, 1992
$926,000
Kane Partners LP
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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