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Property profile & analytics
OFF-MARKET
Estimated value
$370,000
Office buildings
113 3rd St Clarksville, TN 37040-3401
Entity Owned
Free & Clear
Property ID
US80-1207988
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
3,835 SF
Lot
0.13 ac (5,663 SF)
Zoning code
CBD
APN
066G H 02500 000
UPID
US80-1207988
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
-
Queen City Towing & Recovery Auto Repair Shop
-
The Pink Haired LMT Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$370k
Owner & transaction history
Montgomery County
Montgomery County
since 2026
7 recorded transactions
Zoning & alternative use
CBD · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CBD - CENTRAL BUSINESS DISTRICT The CBD Central Business District, with complementary office and related uses, forms the center for commercial, residential, financial, professional, governmental, and cultural activities. Pedestrian-oriented uses are encouraged, while uses related to automobiles and vehicular traffic are discouraged. (Ord. No. 137-2021-22, 7-…
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
219.82 ac
Source
zoning ordinance
Top alternative use upside
Warehouse, storage
$880,000
+44.6%
Medical building
$665,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$610,000
Current use
WAREHOUSE, STORAGE
$880,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$665,000
Change: +9% · Conversion: Easy
RETAIL STORES
$605,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$370k
Range $333k – $407k · ±10%
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
$96 / 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
$6,916
Tax year 2023
Assessed value
$163,880
Assessed 2023
Previous assessed
$163,880
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$167,600
Improvement market value
$242,100
Total market value
$409,700
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
1900
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,835 SF
Lot
0.13 ac (5,663 SF)
Zoning code
CBD
APN
066G H 02500 000
UPID
US80-1207988
Jurisdiction
MONTGOMERY
Zoning & alternative use
CBD · Clarksville, TNZoning CBD · permitted uses
CBD · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CBD - CENTRAL BUSINESS DISTRICT The CBD Central Business District, with complementary office and related uses, forms the center for commercial, residential, financial, professional, governmental, and cultural activities. Pedestrian-oriented uses are encouraged, while uses related to automobiles and vehicular traffic are discouraged. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.3.20
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
219.82 ac
Source
zoning ordinance
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$610,000
WAREHOUSE, STORAGE
Est. value
$880,000
MEDICAL BUILDING
Est. value
$665,000
RETAIL STORES
Est. value
$605,000
OFFICE BUILDING Current
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
1900
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Montgomery County
Entity
Free & Clear · 0 yrs held
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2026
—
Montgomery County
Joel Wallace
Warranty Deed
—
Mar 4, 2026
—
Cjm Properties LLC
Joe E Maynard & Catherine R Maynaro
Quitclaim Deed
related
—
Nov 10, 2020
$785,000
Joe E Maynard & Catherine R Maynard
F & F Partners
Warranty Deed
$588,750 · F & M Bank
Jul 20, 2020
$1,642,400
F & F Partners
Robert E White
Warranty Deed
—
Jul 20, 2020
—
F & F Partners
—
Dual Purpose Document
related
$1,231,800 · Jonathan R Vinson
Jan 18, 2019
—
Robert E White
—
Trustees Deed
related
$648,000 · F&m Bk
Sep 8, 2017
—
Robert E White
Joplin,cynthia F
Quit Claim Deed
related
—
Sep 8, 2017
$500,000
Robert E White
Fleming & Fleming Rental Accou
Warranty Deed
—
Jun 1, 2016
—
Fleming & Fleming Rental Accou
Fleming George R SR
Quit Claim Deed
related
—
Feb 7, 2013
—
Fleming George R JR Tr
Fleming George R SR
Quit Claim Deed
related
—
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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