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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Office buildings
103 Jefferson St Clarksville, TN 37040-8618
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1459900
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Total area
4,820 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CBD
APN
066G B 02301 000
UPID
US80-1459900
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
-
Belmont Behavioral Health, LLC Registered General Nurse
-
BLF Marketing Advertising Agency Marketing & Advertising
-
JCM Management, Inc. Holding Company
-
Wraps and Threads Custom T-Shirt Store
-
Candise Belmont Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$860k
Owner & transaction history
Bkturner Holding LLC · 1 yrs held
Bkturner Holding LLC
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CBD · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+59.5%
Warehouse, storage
$1.1M
+44.6%
Medical building
$835,000
+9.4%
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 Clarksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarksville 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
$960,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$765,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,220,000
Change: +60% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,105,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$835,000
Change: +9% · Conversion: Easy
RETAIL STORES
$765,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $1.00M (Jan 7 2025)
Last sale anchor
$1.00M
Jan 7 2025
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
$178 / 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
$8,983
Tax year 2023
Assessed value
$212,880
Assessed 2023
Previous assessed
$212,880
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$242,900
Improvement market value
$289,300
Total market value
$532,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Bathrooms
4
Total area
4,820 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CBD
APN
066G B 02301 000
UPID
US80-1459900
Jurisdiction
MONTGOMERY
Zoning & alternative use
CBD · Clarksville, TN
Zoning CBD · permitted uses
CBD · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarksville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$835,000
RETAIL STORES
Est. value
$765,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
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
1975
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
4
Lot
0.6 ac
Current owner
From public records · entity-resolved
Bkturner Holding LLC
Entity
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jan 7, 2025
$1,000,000
Bkturner Holding LLC
Joe E Maynard
Warranty Deed
—
Jun 27, 2022
—
Joe E Maynard
Jefferson Square Partnership
Correction Deed
related
—
Nov 2, 2020
—
Joe E Maynard
Jefferson Square Partnership
Warranty Deed
related
—
Sep 12, 2018
—
Jefferson Square Partnership
—
Deed
related
$200,000 · Planters Bank
Sep 26, 2012
—
Jefferson Square Ptshp
Bibb,jeffrey V
Quit Claim Deed
related
$500,000 · F & M Bank
—
—
Bibb,jeffrey V
—
Deed Of Trust
related
$100,000 · Old Nat'l Bk
—
—
Bibb,jeffrey V
—
Deed Of Trust
related
$183,943 · Primetrust Bk
—
—
Bibb,jeffrey V
—
Deed Of Trust
related
$200,000 · Primetrust 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.
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