Technical
Financial
Distress signals
Property profile

1985 Needmore Rd Clarksville, TN 37042

OFF-MARKET
High-rise multifamily apartments
Property ID
US80-0673658
36,888 SF 17.69 ac lot Built 2019
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2019
Total area 36,888 SF
Lot 17.69 ac (770,576 SF)
Zoning code R-4
APN 018 01904 00002018
UPID US80-0673658

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building Apartment Complex
  • Film Production

Location

1985 Needmore Rd Clarksville, TN 37042-4606
Clarksville metro Census 102003 CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$44.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$44.20M

Owner & transaction history

since 2024
Last sale
$44.2M
1 recorded transaction
2024
$44.2M

Zoning & alternative use

R-4 · Clarksville, TN
Zoning description

R-4 - MULTIPLE FAMILY RESIDENTIAL DISTRICT The R-4 Multiple-Family Residential District is intended to promote and encourage the establishment and maintenance of a suitable environment for urban residence in areas, which…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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