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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
211 Riverside Dr Clarksville, TN 37040-3119
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1012723
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Total area
2,400 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CBD
APN
066G F 03200 000
UPID
US80-1012723
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
-
King Smoke Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$350k
Comparable Approach
Comparable
$404k
Blend (final)
Blend
$500k
Owner & transaction history
Saleh Ali · 3 yrs held
Saleh Ali
since 2023
Last sale
$575,000
6 recorded transactions
Zoning & alternative use
CBD · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$610,000
+60.0%
Warehouse, storage
$550,000
+45.1%
Medical building
$415,000
+9.7%
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%
$380,000
6.5%
$350,000
7%
$325,000
Alternative Use
Use
Estimation
RETAIL STORES
$380,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: +60% · Conversion: Moderate
WAREHOUSE, STORAGE
$550,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$415,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$380,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $575k (Jul 5 2022)
Last sale anchor
$575k
Jul 5 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
$208 / 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
$1,914
Tax year 2023
Assessed value
$123,920
Assessed 2023
Previous assessed
$184,000
-32.7% YoY
Effective rate
1.54%
On assessed value
Land market value
$65,600
Improvement market value
$244,200
Total market value
$309,800
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
1967
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
3
Bathrooms
2
Total area
2,400 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CBD
APN
066G F 03200 000
UPID
US80-1012723
Jurisdiction
MONTGOMERY
Zoning & alternative use
CBD · Clarksville, TN
Zoning CBD · permitted uses
CBD · 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
RETAIL STORES Current
Est. value
$380,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
WAREHOUSE, STORAGE
Est. value
$550,000
MEDICAL BUILDING
Est. value
$415,000
OFFICE BUILDING
Est. value
$380,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE 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
1967
Heating
YES
Cooling
Yes
Stories
1
Units
3
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Saleh Ali
Individual
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Feb 17, 2023
$575,000
Saleh Ali
Kevin C Kennedy
Correction Deed
related
$460,000 · F & M Bank
Jul 5, 2022
$575,000
Saleh Ali
Kevin C Kennedy
Warranty Deed
$460,000 · F & M Bank
Dec 28, 2018
—
Kevin C Kennedy
Kevin C Kennedy LLC
Quit Claim Deed
related
—
Nov 2, 2010
$40,000
Kevin C Kennedy LLC
Lessenberry Jewell E Trust
Warranty Deed
—
Nov 2, 2010
$183,500
Kevin C Kennedy LLC
Lessenberry Jewell E Trust
Warranty Deed
—
—
—
Kevin C Kennedy LLC
—
Deed Of Trust
related
$229,951 · Planters Bank
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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