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Property profile & analytics
OFF-MARKET
Medical Office Space
1636 Madison St Clarksville, TN 37043-2977
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-0336429
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1962
Total area
5,560 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C-2
APN
065P J 02900 000
UPID
US80-0336429
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
-
Bovada Online Casino Hotel & Motel Resort
-
Kenneth A. Gilman, DC Alternative Medicine Practice
-
Clarksville Chiropractic Center Alternative Medicine Practice
-
Natalie Emholz Physician
-
Scott Dunaway Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kenneth A Gilman · 2 yrs held
Kenneth A Gilman
since 2023
Last sale
$175,000
7 recorded transactions
Zoning & alternative use
C-2 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,690
Tax year 2023
Assessed value
$371,800
Assessed 2023
Previous assessed
$371,800
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$536,600
Improvement market value
$392,900
Total market value
$929,500
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1962
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
1
Bathrooms
6
Total area
5,560 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C-2
APN
065P J 02900 000
UPID
US80-0336429
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-2 · Clarksville, TN
Zoning C-2 · permitted uses
C-2 · 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.
Building & site characteristics
From public records
Year built
1962
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
6
Lot
0.6 ac
Current owner
From public records · entity-resolved
Kenneth A Gilman
Individual
Free & Clear · 2 yrs held
Mailing address
361 ROCKY FRD RD, CLARKSVILLE, TN 37040-8006
Ownership since
2023
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
Sep 7, 2023
—
Kenneth A Gilman
Kenneth Allen Gilman
Intrafamily Transfer
related
—
Aug 6, 2009
—
Gilman,kenneth A
Jones,thomas M
Quit Claim Deed
related
—
Dec 8, 2004
—
Jones,thomas M
Lmc
Quit Claim Deed
related
$624,996 · Amsouth Bk/pensacola
Feb 21, 2002
—
L Mcgp
Jones,thomas M
Grant Deed
related
—
Feb 8, 2001
—
Dakota Medical Management
Jones,thomas M
Trustees Deed
related
—
Aug 3, 2000
—
John W Klemin
Dakota Medical M
Grant Deed
related
—
Jul 1, 1988
$175,000
John W Klemin
Unknown
Grant Deed
—
—
—
Gilman,kenneth A & Jenny L
—
Loan Modification
related
$50,000 · Clarksville Cmnty Bk
—
—
Gilman,kenneth A & Jenny L
—
Deed Of Trust
related
$100,000 · Clarksville Cmnty Bk
—
—
Gilman,kenneth A
—
Deed Of Trust
related
$625,000 · Regions Bk/fayette
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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