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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Office buildings
108 Ctr Pointe Dr Clarksville, TN 37040-8408
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-3347918
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
6,900 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-5
APN
041K E 00300 000
UPID
US80-3347918
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
-
Weakley Brothers Engineering Land Surveyor Civil Engineer
-
Better Homes & Gardens Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.46M
Owner & transaction history
Jj Developers · 2 yrs held
Jj Developers
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C-5 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+116.6%
Neighborhood: shopping center
$1.8M
+59.5%
Warehouse, storage
$1.6M
+44.6%
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
$1,455,000
ML approach
$1,455,000
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,095,000
Current use
RESTAURANT
$2,375,000
Change: +117% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,750,000
Change: +60% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,585,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$1,200,000
Change: +9% · Conversion: Easy
RETAIL STORES
$1,090,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±10% · vs last sale $1.46M (Apr 24 2024)
Last sale anchor
$1.46M
Apr 24 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
$211 / 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
$12,810
Tax year 2023
Assessed value
$303,560
Assessed 2023
Previous assessed
$303,560
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$221,100
Improvement market value
$537,800
Total market value
$758,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
3
Total area
6,900 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-5
APN
041K E 00300 000
UPID
US80-3347918
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-5 · Clarksville, TN
Zoning C-5 · permitted uses
C-5 · 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
$1.1M
RESTAURANT
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
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
1999
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.65 ac
Current owner
From public records · entity-resolved
Jj Developers
Individual
Free & Clear · 2 yrs held
Mailing address
108 CTR POINTE DR, CLARKSVILLE, TN 37040-8408
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
$1,456,620
Jj Developers
Carolyn Jackson Houston
Warranty Deed
—
Sep 27, 2021
—
J Vernon Weakley
J Vernon Weakley
Intrafamily Transfer
related
—
Jan 12, 2021
—
Cherry Development Company
Jim Cherry
Deed
—
Dec 4, 2020
—
Jamie D Bybee
John C Taylor
Warranty Deed
related
—
Feb 19, 2019
—
William O Prettyman III
Prettyman,william O III
Quit Claim Deed
related
—
Dec 13, 2005
$620,000
Wbw
Uss Clarksville LLC
Warranty Deed
$403,000 · Cumberland Bk
Feb 15, 2001
$600,000
Uss Clarksville LLC
Jdl,winston
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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