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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail residential properties
215-217 Franklin St 217 Clarksville, TN 37040-3419
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-3501725
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1890
Total area
11,043 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD
APN
066G H 02900 000
UPID
US80-3501725
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Running M Properties LLC · 1 yrs held
Running M Properties LLC
since 2024
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
CBD · 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
Method
Estimation
Statistic approach
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Aug 28 2024)
Last sale anchor
$625k
Aug 28 2024
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
$57 / 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
$18,358
Tax year 2023
Assessed value
$263,920
Assessed 2023
Previous assessed
$263,920
+0.0% YoY
Effective rate
6.96%
On assessed value
Land market value
$153,200
Improvement market value
$506,600
Total market value
$659,800
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1890
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Bathrooms
2
Total area
11,043 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD
APN
066G H 02900 000
UPID
US80-3501725
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.
Building & site characteristics
From public records
Year built
1890
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Running M Properties LLC
Entity
Mailing address
217 FRANKLIN ST STE 15TH CLARKSVILLE
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
—
Running M Properties LLC
Allen Moser
Quit Claim Deed
related
—
Sep 21, 2022
—
Allen R Moser
Allen Moser
Intrafamily Transfer
related
—
Jan 5, 2022
$625,000
Allen R Moser
F & F Partners
Warranty Deed
$250,000 · Ann Waddle
Aug 31, 2021
—
F & F Partners
—
Deed
related
$1,231,800 · F & M Bank
Aug 9, 2017
—
Knights Of Pythius Building LLC
White,robert E & Debra J
Quit Claim Deed
related
—
Mar 23, 2017
$375,000
Robert E White
Carr,nathanial W
Warranty Deed
—
Mar 27, 2014
$10,000
Nathanial W Carr
Mary E Carr
Warranty Deed
related
$280,000 · Heritage Bank USA
Nov 30, 2006
$250,000
Carr,nathanial W & Mary E
Terrell,george M
Warranty Deed
$260,000 · Comunity Bk/smith Cnty
Sep 20, 1993
$100,000
George M Terrell
Unknown
Grant Deed
—
—
—
Nathanial W Carr
—
Deed Of Trust
related
—
—
—
George Terrell
—
Deed Of Trust
related
$24,000 · First Union National 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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