Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1908 Batts Ln Clarksville, TN 37042-5022

    • Retail residential properties
    • 3,780 SF
    • 1.09 lot acres
    OFF-MARKET
    Last Sale
    Jan 16, 2020
    $509,900
    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    5.8%
    Retail residential properties
    Location Intelligence
    Property ID
    US80-0983663
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail residential properties

    Property Details for 1908 Batts Ln

    Year built
    1970
    Lot size
    1.09 lot acres
    Property size
    3,780 SF
    Zone code
    R-4
    Property type
    Retail residential properties
    APN
    029L D 04202 000
    APU
    029LD04202000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $610,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $595,000
      6.5%
      $550,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $703,000
      Market price range: $286k - $703k
      AI Estimate
      $703,000
      Market price range: $286k - $703k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $430,000
      Current use
      WAREHOUSE, STORAGE
      $870,000
      Change: +102% Conversion: Difficult
      MEDICAL BUILDING
      $655,000
      Change: +53% Conversion: Easy
      OFFICE BUILDING
      $615,000
      Change: +43% Conversion: Easy
      RETAIL STORES
      $600,000
      Change: +39% Conversion: Easy
      AUTO REPAIR, GARAGE
      $470,000
      Change: +9% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.4306
    Latitude
    36.5892
    CBSA code
    17300
    CBSA name
    CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,867
    $0.00
    $0.00
    $139,040
    -
    $24,600
    $323,000
    $347,600

    Comparable in this City

    • Value Estimation by Request
      3,808 SF

      407 Ee St

      STORES & APARTMENTS • 3,808 SF
      407 Ee St, Clarksville, TN 37042-6590
      View Details
    • Value Estimation by Request
      972 SF

      398 Jack Miller Blvd, Unit A

      STORES & APARTMENTS • 972 SF
      398 Jack Miller Blvd, Clarksville, TN 37042-8775
      View Details
    • Value Estimation by Request
      972 SF

      370 Jack Miller Blvd, Unit C

      STORES & APARTMENTS • 972 SF
      370 Jack Miller Blvd, Clarksville, TN 37042-8753
      View Details
    • Value Estimation by Request
      972 SF

      378 Jack Miller Blvd, Unit H

      STORES & APARTMENTS • 972 SF
      378 Jack Miller Blvd, Clarksville, TN 37042-8755
      View Details
    • Value Estimation
      $535,000
      3,626 SF

      3873 Jockey Dr

      STORES & APARTMENTS • 3,626 SF
      3873 Jockey Dr, Clarksville, TN 37042-1635
      View Details
    • Value Estimation by Request
      3,482 SF

      3842 Jockey Dr

      STORES & APARTMENTS • 3,482 SF
      3842 Jockey Dr, Clarksville, TN 37042-1616
      View Details

    Similar Nearby for Sale

    • $250,000
      2,236 SF

      Clarksville Mixed-Use Investment Opportunity

      High-traffic location, billboard income. Excellent potential.
      918 Providence Blvd, Clarksville, TN 37042
      View Details
    • $365,000
      3,300 SF

      Clarksville Mixed-Use Commercial Property

      Two Buildings, High Potential, North Clarksville
      103105 Eva Dr, Clarksville, TN 37042
      View Details
    • $750,000
      4,456 SF

      Dover Road Mixed-Use Opportunity

      High-traffic corner lot, excellent investment.
      305 Dover Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      12.00 Acres

      12 Acres Clarksville Commercial Land

      Prime Clarksville commercial land, I-24 access.
      0 Trenton Rd & Tylertown Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1.23 Acres

      Clarksville Commercial Land - Two Lots

      Prime Clarksville commercial lots, high traffic area.
      0 Tiny Town Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,284 SF

      Clarksville Office Building - Great Potential

      Spacious Office Building, Ample Space, High Potential
      1313 Fort Campbell Blvd, Clarksville, TN 37042
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      1,540 SF

      Prime Retail Space, Tiny Town Rd.

      Modern Retail End Cap, High Traffic Area
      2029 Tiny Town Rd, Clarksville, TN 37042
      View Details
    • $1,050 /Mo
      1,100 SF

      Two-Bedroom Townhome with Modern Amenities

      Two-bedroom townhome featuring modern amenities and approximately 1,100 sq. ft.
      405 Cook Dr, Clarksville, TN 37042
      View Details
    • $16 SF/Yr
      2,964 SF

      Adaptable Flex, Retail, Office Space

      Shell condition building suitable for flex, retail, or office use.
      257 Stonecrossing Dr, Clarksville, TN 37042
      View Details
    • Contact for pricing

      Retail Space with Drive Thru

      New retail space with drive-thru, available for lease.
      1000 Crk Way, Clarksville, TN 37042
      View Details
    • Contact for pricing
      41,382 SF

      Clarksville Commercial Land Opportunity

      2.58 Acres, C-2 Zoning, Prime Location
      0 Tobacco Rd, Clarksville, TN 37042
      View Details
    • $24 SF/Yr
      3,850 SF

      Clarksville Executive Office Space

      Modern, 3850 sq ft end-cap office space.
      2029 Tiny Town Rd, Clarksville, TN 37042
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1908 Batts Ln
    Clarksville, TN 37042-5022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.