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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Residential income homes
169 Carriage Trce Dr Clinton, TN 37716-2600
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1307817
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1989
Total area
10,108 SF
Lot
10.97 ac (477,853 SF)
APN
001065N C 01402
UPID
US80-1307817
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
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$686k
Blend (final)
Blend
$685k
Owner & transaction history
SUMMIT PROPERTIES PARTNERSHIP
SUMMIT PROPERTIES PARTNERSHIP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$985,000
+129.1%
Retail stores
$890,000
+106.8%
Auto repair, garage
$870,000
+101.5%
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 Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$430,000
Current use
MEDICAL BUILDING
$985,000
Change: +129% · Conversion: Moderate
RETAIL STORES
$890,000
Change: +107% · Conversion: Difficult
AUTO REPAIR, GARAGE
$870,000
Change: +102% · Conversion: Difficult
COMMERCIAL (GENERAL)
$845,000
Change: +96% · Conversion: Moderate
RESTAURANT
$645,000
Change: +50% · Conversion: Difficult
WAREHOUSE, STORAGE
$600,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$465,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$68 / 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
Property tax & assessments
Assessed value
$1,373,360
Assessed 2023
Previous assessed
$1,373,360
+0.0% YoY
Assessed land
$59,360
Assessed improvement
$1,314,000
Land market value
$148,400
Improvement market value
$3,285,000
Total market value
$3,433,400
Applied tax rate
1.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1989
Heating
YES
Cooling
YES
Buildings
14
Stories
1
Units
1
Rooms
8
Bathrooms
204
Total area
10,108 SF
Lot
10.97 ac (477,853 SF)
APN
001065N C 01402
UPID
US80-1307817
Jurisdiction
ANDERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$430,000
MEDICAL BUILDING
Est. value
$985,000
RETAIL STORES
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$870,000
COMMERCIAL (GENERAL)
Est. value
$845,000
RESTAURANT
Est. value
$645,000
WAREHOUSE, STORAGE
Est. value
$600,000
INDUSTRIAL (GENERAL)
Est. value
$465,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1989
Heating
YES
Cooling
Yes
Stories
1
Buildings
14
Units
1
Rooms
8
Bathrooms
204
Lot
10.97 ac
Current owner
From public records · entity-resolved
SUMMIT PROPERTIES PARTNERSHIP
Individual
Free & Clear · 0 yrs held
Mailing address
2 CTR PLZ, CLINTON, TN 37716-3960
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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