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Property profile & analytics
OFF-MARKET
Estimated value
$1,930,000
Retail space
1821 Madison St Clarksville, TN 37043-4903
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0332863
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,632 SF
Lot
0.76 ac (33,106 SF)
Zoning code
C-5
APN
080C A 00800 000
UPID
US80-0332863
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
-
O'Reilly Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.93M
Owner & transaction history
Agree Stores LLC · 5 yrs held
Agree Stores LLC
since 2021
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
C-5 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+117.3%
Neighborhood: shopping center
$2.5M
+108.8%
Warehouse, storage
$1.8M
+45.1%
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
$2,355,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,210,000
Current use
RESTAURANT
$2,625,000
Change: +117% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,525,000
Change: +109% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,755,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$1,290,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$1.93M
Range $1.74M – $2.12M · ±10% · vs last sale $1.94M (Mar 2 2021)
Last sale anchor
$1.94M
Mar 2 2021
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
$253 / 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
$23,678
Tax year 2023
Assessed value
$561,080
Assessed 2023
Previous assessed
$561,080
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$594,000
Improvement market value
$808,700
Total market value
$1,402,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
3
Total area
7,632 SF
Lot
0.76 ac (33,106 SF)
Zoning code
C-5
APN
080C A 00800 000
UPID
US80-0332863
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-5 · Clarksville, TN
Zoning C-5 · permitted uses
C-5 · 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
RETAIL STORES Current
Est. value
$1.2M
RESTAURANT
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
OFFICE BUILDING
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Agree Stores LLC
Entity
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2021
$1,940,000
Agree Stores LLC
Idyllwild Investments LLC
Warranty Deed
—
Dec 20, 2017
$1,955,000
Idyllwild Investments LLC
Hutton Team LLC
Special Warranty Deed
$1,185,000 · Capstar Bank
Sep 26, 2017
—
C & M Ventures
—
Trustees Deed
related
$2,136,000 · F&m Bk
May 23, 2017
—
Todd Morris
C & M Ventures
Quit Claim Deed
related
$150,000 · Cumberland Bk
Oct 17, 2013
—
Todd Morris Construction LLC
—
Grant Deed
related
$1,040,000 · Planters Bank
Aug 12, 2013
$210,000
Todd Morris Construction LLC
Ventures,c & M
Grant Deed
$781,300 · F & M Bank
Jan 28, 2013
—
Foust Land Trust
Foust,charles E JR & Robert T
Quit Claim Deed
related
—
Jul 22, 2011
$735,000
C Ventures
Bethi,vidya R & Muralidhar
Grant Deed
$642,000 · F & M Bank
May 31, 2001
$465,000
Vidya R Bethi
Uffelman,jack R
Grant Deed
—
Sep 1, 1998
$815,000
M Properties
—
Grant Deed
related
—
May 26, 1998
$16,208
Madison Warren
—
Grant Deed
related
—
Sep 13, 1995
$356,000
Emeritus Corporation
Emeritus,corpora
Grant Deed
related
—
May 31, 1995
$160,000
James Denise Freeman
Unknown,
Grant Deed
$455,200 · Farmers & Merchants Nat'l Bank
Mar 17, 1995
$160,000
James R Denis Freeman
—
Grant Deed
related
—
Dec 8, 1994
$202,000
Bert Associates
Uffelman,l R
Grant Deed
—
—
—
Bethi,muralidhar & Vidya R
—
Deed Of Trust
related
$249,900 · Us Bk/nd
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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