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Property profile & analytics
OFF-MARKET
Estimated value
$2,620,000
Retail space
880 Greenlea Blvd Gallatin, TN 37066-3228
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0762500
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,346 SF
Lot
1.39 ac (60,548 SF)
Zoning code
MRO
APN
083136 01807
UPID
US80-0762500
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
-
Platinum Realty Partners LLC Real Estate Agency
-
Briana Morgan , Realtor @ Platinum Realty Partners LLC Real Estate Agency
-
JR Builders Llc Construction Company General Contractor
-
Nelson Keen Motto Mortgage Lakeside Loan Service Bank
-
Calvin Zimmermann Motto Mortgage Lakeside Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
$2.93M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.62M
Owner & transaction history
R Holdings LLC · 4 yrs held
R Holdings LLC
since 2021
Last sale
$2.5M
3 recorded transactions
Zoning & alternative use
MRO · Gallatin, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.2M
+151.9%
Medical building
$3.1M
+142.6%
Commercial (general)
$1.8M
+40.1%
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
$3,095,000
ML approach
$2,850,000
CAP Approach
CAP Return
Estimation
6%
$3,175,000
6.5%
$2,930,000
7%
$2,720,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,190,000
Change: +152% · Conversion: Difficult
MEDICAL BUILDING
$3,070,000
Change: +143% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,775,000
Change: +40% · Conversion: Easy
Blend value · Realmo final
$2.62M
Range $2.36M – $2.88M · ±10% · vs last sale $2.45M (Nov 17 2021)
Last sale anchor
$2.45M
Nov 17 2021
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
$314 / 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
$18,081
Tax year 2023
Assessed value
$592,400
Assessed 2023
Previous assessed
$592,400
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$334,680
Assessed improvement
$257,720
Land market value
$836,700
Improvement market value
$644,300
Total market value
$1,481,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
8,346 SF
Lot
1.39 ac (60,548 SF)
Zoning code
MRO
APN
083136 01807
UPID
US80-0762500
Jurisdiction
SUMNER
Zoning & alternative use
MRO · Gallatin, TN
Zoning MRO · permitted uses
MRO · 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
AUTO REPAIR, GARAGE
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
R Holdings LLC
Entity
Mailing address
174 SAUNDERSVILLE RD STE #301, HENDERSONVILLE, TN 37075-8947
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$2,450,000
R Holdings LLC
Power Consulting Associates INC
Special Warranty Deed
$1,960,000 · F & M Bank
Dec 21, 2018
$1,300,100
Power Consulting Assocs INC
Glz Kendall Plaza LP
Grant Deed
$1,105,000 · Firstbank
Apr 15, 2010
—
Glz Kendall Plaza LP
—
Trustees Deed
related
$1,630,392 · First Tennessee Bank National
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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