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Property profile & analytics
OFF-MARKET
Medical Office Space
1816 Memorial Cir Clarksville, TN 37043-4539
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-1176297
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1966
Total area
1,620 SF
Lot
0.17 ac (7,405 SF)
Zoning code
O-1
APN
080B B 01300 000
UPID
US80-1176297
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
-
Cumberland Counseling Services Counselor
-
WillowTreeCounseling Crisis Center Medical Clinic
-
Sarah R. Slade, LPC-MHSP, NCC Counselor
-
Chandra Moma, LPC-MHSP Counselor Service Establishment
-
Connected Counseling, LLC Psychotherapist
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
Janet Ninness · 9 yrs held
Janet Ninness
since 2017
5 recorded transactions
Zoning & alternative use
O-1 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the O-1 Office District is to provide areas for general, professional and business offices and related activities at various scales and levels of intensity. These areas may provide neighborhood services immediately adjacent to residential areas or for uses of greater intensity located along major street corridors. (Ord. No. 137-2021-22, 7-7-20…
Zone name
Office District
General category
COMMERCIAL
Zone area
422.73 ac
Source
zoning ordinance
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
$3,806
Tax year 2023
Assessed value
$77,160
Assessed 2023
Previous assessed
$90,200
-14.5% YoY
Effective rate
4.93%
On assessed value
Land market value
$94,500
Improvement market value
$98,400
Total market value
$192,900
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1966
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
1,620 SF
Lot
0.17 ac (7,405 SF)
Zoning code
O-1
APN
080B B 01300 000
UPID
US80-1176297
Jurisdiction
MONTGOMERY
Zoning & alternative use
O-1 · Clarksville, TNZoning O-1 · permitted uses
O-1 · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the O-1 Office District is to provide areas for general, professional and business offices and related activities at various scales and levels of intensity. These areas may provide neighborhood services immediately adjacent to residential areas or for uses of greater intensity located along major street corridors. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.3.18
Zone name
Office District
General category
COMMERCIAL
Zone area
422.73 ac
Source
zoning ordinance
Building & site characteristics
From public records
Year built
1966
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Janet Ninness
Individual
Mailing address
1816 MEMORIAL CIR, CLARKSVILLE, TN 37043-4539
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2017
$112,900
Janet Ninness
Clarksville Limb
Warranty Deed
$50,000 · Cumberland Bank
Sep 14, 1995
$95,203
Limb Clarksville
—
Grant Deed
related
—
—
—
Clarksville Limb Brace
—
Loan Modification
related
$248,635 · Regions Bank
—
—
Clarksville Limb & Brace & Reh
—
Deed Of Trust
related
$296,013 · Regions Bk/fayette
—
—
Clarksville Limb & Brace & Reh
—
Deed Of Trust
related
$212,865 · Amsouth Bk/pensacola
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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