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Property profile & analytics
OFF-MARKET
Estimated value
$6,860,000
Warehouses
1850 Business Park Dra, Clarksville, TN 37040-6085
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-0584168
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1994
Total area
45,000 SF
Lot
6.86 ac (298,822 SF)
Zoning code
M-1
APN
056A A 00900 000
UPID
US80-0584168
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
-
Five Star Breaktime Solutions- Clarksville Big Box & Wholesale Store
-
Danna M. Svanberg, RN Physician
-
All My Sons Moving & Storage Moving Company Storage Facility
-
Spectrum Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.86M
Blend (final)
Blend
$6.86M
Owner & transaction history
Westchase Partners LLC · 7 yrs held
Westchase Partners LLC
since 2018
5 recorded transactions
Zoning & alternative use
M-1 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.4M
+10.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,335,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$11,400,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$6.86M
Range $6.17M – $7.55M · ±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
$152 / 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
$61,372
Tax year 2023
Assessed value
$1,400,680
Assessed 2023
Previous assessed
$1,454,320
-3.7% YoY
Effective rate
4.38%
On assessed value
Land market value
$760,100
Improvement market value
$2,741,600
Total market value
$3,501,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
6
Total area
45,000 SF
Lot
6.86 ac (298,822 SF)
Zoning code
M-1
APN
056A A 00900 000
UPID
US80-0584168
Jurisdiction
MONTGOMERY
Zoning & alternative use
M-1 · Clarksville, TN
Zoning M-1 · permitted uses
M-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
WAREHOUSE, STORAGE Current
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.4M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1994
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
6
Lot
6.86 ac
Current owner
From public records · entity-resolved
Westchase Partners LLC
Entity
Free & Clear · 7 yrs held
Ownership since
2018
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
Aug 3, 2018
$5,900,000
Westchase Partners LLC
Peck-clarksville LLC
Warranty Deed
—
Apr 5, 2016
$1,421,000
Three Kaddishes LLC
Commerce Center Holdings LLC
Grant Deed
$3,539,663 · * Other Institutional Lenders
Apr 5, 2004
$917,879
Peck-clarksville LLC
Commerce Center
Grant Deed
$2,800,000 · Legend Bk
Dec 31, 2003
$3,500,000
Commerce Center Holdings
Amos,james D
Grant Deed
related
—
—
—
Peck-clarksville LLC
—
Deed Of Trust
related
$419,861 · Legends 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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