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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Retail residential properties
108-112 Medical Dr Clarksville, TN 37043
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1139475
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1975
Total area
4,992 SF
Lot
0.74 ac (32,234 SF)
Zoning code
O-1
APN
065N A 00900 000
UPID
US80-1139475
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
$965k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$965k
Owner & transaction history
Medical Drive LLC · 1 yrs held
Medical Drive LLC
since 2024
Last sale
$963,000
7 recorded transactions
Zoning & alternative use
O-1 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+120.7%
Office building
$845,000
+62.4%
Retail stores
$790,000
+52.1%
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 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
$965,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,145,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$845,000
Change: +62% · Conversion: Easy
RETAIL STORES
$790,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$745,000
Change: +44% · Conversion: Easy
AUTO REPAIR, GARAGE
$620,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $963k (Dec 10 2024)
Last sale anchor
$963k
Dec 10 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
$193 / 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
$5,905
Tax year 2023
Assessed value
$139,920
Assessed 2023
Previous assessed
$139,920
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$51,000
Improvement market value
$298,800
Total market value
$349,800
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1975
Heating
NONE
Cooling
YES
Buildings
3
Stories
2
Units
16
Bathrooms
8
Total area
4,992 SF
Lot
0.74 ac (32,234 SF)
Zoning code
O-1
APN
065N A 00900 000
UPID
US80-1139475
Jurisdiction
MONTGOMERY
Zoning & alternative use
O-1 · Clarksville, TN
Zoning O-1 · permitted uses
O-1 · 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
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$845,000
RETAIL STORES
Est. value
$790,000
MEDICAL BUILDING
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$620,000
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
NONE
Cooling
Yes
Stories
2
Buildings
3
Units
16
Bathrooms
8
Lot
0.74 ac
Current owner
From public records · entity-resolved
Medical Drive LLC
Entity
Mailing address
PO BOX 224, PLEASANT VIEW, TN 37146-0224
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
Dec 10, 2024
$963,000
Medical Drive LLC
Juan C Rosado
Warranty Deed
—
Feb 8, 2024
—
Juan C Rosado
Kc Properties LLC
Quit Claim Deed
related
—
Feb 17, 2022
—
Kc Properties LLC
Juan C Rosado
Quit Claim Deed
related
—
Aug 26, 2015
—
Juan Rosado
Kc Properties LLC
Quit Claim Deed
related
—
Oct 19, 2012
$597,500
Kc Properties LLC
Medical Court Apartments
Warranty Deed
$447,149 · Planters Bank
Oct 31, 2011
$300,000
Medical Court Apartments
Heritage Bk
Grant Deed
$380,000 · Heritage Bank
Dec 28, 2010
$125,000
Bk Heritage
Vinson,jonathan R
Trustees Deed
related
—
—
—
Frink,frank
—
Deed Of Trust
related
$3,071,200 · Heritage Bk NA-09
—
—
Ringneck Properties LLC
—
Deed Of Trust
related
$130,000 · Heritage Bk NA-09
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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