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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office buildings
1829 Memorial Dr Clarksville, TN 37043-4604
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3519033
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
3,592 SF
Lot
0.39 ac (16,988 SF)
Zoning code
O-1
APN
065N A 00100 000
UPID
US80-3519033
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
-
Cole Arthur L DDS Dental Office
-
The Lindsey Group of NFM Lending Loan Service Bank
-
The Center for Family Development - Healthy Families of Clarksville Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$474k
Blend (final)
Blend
$630k
Owner & transaction history
Clarksville Title Property Gp · 3 yrs held
Clarksville Title Property Gp
since 2022
Last sale
$795,000
4 recorded transactions
Zoning & alternative use
O-1 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$825,000
+35.9%
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
$690,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$605,000
Current use
WAREHOUSE, STORAGE
$825,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$570,000
Change: -6% · Conversion: Moderate
MEDICAL BUILDING
$540,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $795k (Dec 19 2022)
Last sale anchor
$795k
Dec 19 2022
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
$175 / 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
$5,233
Tax year 2023
Assessed value
$124,000
Assessed 2023
Previous assessed
$124,000
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$136,900
Improvement market value
$173,100
Total market value
$310,000
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
1972
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
1
Bathrooms
2
Total area
3,592 SF
Lot
0.39 ac (16,988 SF)
Zoning code
O-1
APN
065N A 00100 000
UPID
US80-3519033
Jurisdiction
MONTGOMERY
Zoning & alternative use
O-1 · Clarksville, TN
Zoning 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
Clarksville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$605,000
WAREHOUSE, STORAGE
Est. value
$825,000
RETAIL STORES
Est. value
$570,000
MEDICAL BUILDING
Est. value
$540,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
MEDICAL 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
1972
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Clarksville Title Property Gp
Entity
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
$795,000
Clarksville Title Property Gp
Taylormade Investment Group LLC
Warranty Deed
$300,000 · Mountain Commerce Bank
Oct 19, 2021
$516,000
Taylormade Investment Group LLC
Arthur L Cole Family Partnership
Warranty Deed
$516,000 · Arthur L Cole Family Partnership
Dec 4, 2009
—
Arthur L Cole Family Ptshp
Cole,arthur L & Patricia A
Quit Claim Deed
related
—
Dec 11, 2006
$250,000
Cole,arthur L & Patricia A
Dority,landon R
Warranty Deed
$100,000 · Cumberland Bk
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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