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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Office buildings
1202 Madison St Clarksville, TN 37040-3820
Entity Owned
~
Est. High Equity
Property ID
US80-0758931
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
3,514 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R-4
APN
066L K 00100 000
UPID
US80-0758931
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$710k
Owner & transaction history
Roi & Associates LLC
Roi & Associates LLC
since 2025
Last sale
$880,000
7 recorded transactions
Zoning & alternative use
R-4 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$890,000
+59.5%
Warehouse, storage
$805,000
+44.6%
Medical building
$610,000
+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
$560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$890,000
Change: +60% · Conversion: Difficult
WAREHOUSE, STORAGE
$805,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$610,000
Change: +9% · Conversion: Easy
RETAIL STORES
$555,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $880k (Jun 30 2025)
Last sale anchor
$880k
Jun 30 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
$202 / 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
$6,553
Tax year 2023
Assessed value
$155,280
Assessed 2023
Previous assessed
$155,280
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$57,200
Improvement market value
$331,000
Total market value
$388,200
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
1900
Heating
YES
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
3,514 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R-4
APN
066L K 00100 000
UPID
US80-0758931
Jurisdiction
MONTGOMERY
Zoning & alternative use
R-4 · Clarksville, TN
Zoning R-4 · permitted uses
R-4 · 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
$560,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$890,000
WAREHOUSE, STORAGE
Est. value
$805,000
MEDICAL BUILDING
Est. value
$610,000
RETAIL STORES
Est. value
$555,000
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
1900
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Roi & Associates 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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
—
Roi & Associates LLC
—
Deed
related
$379,000 · South Central Tennessee Business Develop
Sep 30, 2025
$880,000
Roi & Associates LLC
Ladonna Dowdy
Warranty Deed
$453,400 · Regions Bank
Feb 14, 2017
—
Ladonna Dowdy
—
Trustees Deed
related
$223,600 · F&m Bk
Jul 26, 2016
$135,000
Ladonna Dowdy
Raymon Sheppard
Warranty Deed
$264,400 · F & M Bank
Jun 19, 2015
$98,000
Raymon Sheppard
First Advantage Bank
Warranty Deed
$137,000 · Legends Bank
Jan 30, 2014
$125,000
Advantage Bk First
Halliburton,john T
Trustees Deed
related
—
—
—
Griffey & Associates INC
—
Deed Of Trust
related
$125,000 · First Advantage Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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