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Property profile & analytics
OFF-MARKET
Retail space
1871 Ashland City Rd Clarksville, TN 37043-6422
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-0309079
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
FRAME
Total area
3,538 SF
Lot
0.71 ac (30,928 SF)
Zoning code
M-1
APN
080J A 00400 000
UPID
US80-0309079
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
-
AR Pools, Stoneworks & Outdoor Living, Inc. General Contractor
-
Get Stoned • Hardscapes & More Landscaping General Contractor
-
BMC Paint & Pressure Washing Painting Service General Contractor
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
Paul Lee Shortt JR · 3 yrs held
Paul Lee Shortt JR
since 2022
Last sale
$295,000
6 recorded transactions
Zoning & alternative use
M-1 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$7,729
Tax year 2023
Assessed value
$183,160
Assessed 2023
Previous assessed
$184,000
-0.5% YoY
Effective rate
4.22%
On assessed value
Land market value
$114,300
Improvement market value
$343,600
Total market value
$457,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,538 SF
Lot
0.71 ac (30,928 SF)
Zoning code
M-1
APN
080J A 00400 000
UPID
US80-0309079
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.
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Paul Lee Shortt JR
Individual
Free & Clear · 3 yrs held
Mailing address
1871 ASHLAND CITY RD, CLARKSVILLE, TN 37043-6422
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2022
—
Paul Lee Shortt JR
Paul L Shortt JR
Intrafamily Transfer
related
—
Sep 18, 2017
$295,000
Paul L Shortt
Brian M Caudle
Warranty Deed
$314,500 · Legends Bank
Jul 18, 2012
$345,000
Brian M Caudle
Express Mattress INC
Warranty Deed
—
Jun 22, 2009
$345,000
Express Mattress INC
Silvey,gary L & Molly H
Grant Deed
$345,947 · Planters Bk
May 6, 2003
$120,000
Gary L Etal Silvey
Bagwell,susan C
Grant Deed
—
Apr 6, 2001
—
Crow,john W
Bagwell,susan C
Trustees Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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