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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Strip malls
225 2nd St Clarksville, TN 37040-3207
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1778505
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Total area
5,084 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CBD
APN
066G E 00500 000
UPID
US80-1778505
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
-
Clarksville Masonic Lodge #89 F&AM Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$1.20M
Owner & transaction history
Urban Six Realty · 1 yrs held
Urban Six Realty
since 2024
Last sale
$1.2M
1 recorded transaction
Zoning & alternative use
CBD · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CBD - CENTRAL BUSINESS DISTRICT The CBD Central Business District, with complementary office and related uses, forms the center for commercial, residential, financial, professional, governmental, and cultural activities. Pedestrian-oriented uses are encouraged, while uses related to automobiles and vehicular traffic are discouraged. (Ord. No. 137-2021-22, 7-…
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
219.82 ac
Source
zoning ordinance
Top alternative use upside
Restaurant
$1.8M
+35.8%
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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$800,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,290,000
Current use
RESTAURANT
$1,750,000
Change: +36% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,170,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Dec 20 2024)
Last sale anchor
$1.20M
Dec 20 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
$236 / 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
$12,788
Tax year 2023
Assessed value
$303,040
Assessed 2023
Previous assessed
$303,040
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$329,400
Improvement market value
$428,200
Total market value
$757,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
2
Bathrooms
2
Total area
5,084 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CBD
APN
066G E 00500 000
UPID
US80-1778505
Jurisdiction
MONTGOMERY
Zoning & alternative use
CBD · Clarksville, TNZoning CBD · permitted uses
CBD · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CBD - CENTRAL BUSINESS DISTRICT The CBD Central Business District, with complementary office and related uses, forms the center for commercial, residential, financial, professional, governmental, and cultural activities. Pedestrian-oriented uses are encouraged, while uses related to automobiles and vehicular traffic are discouraged. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.3.20
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
219.82 ac
Source
zoning ordinance
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
WAREHOUSE, STORAGE
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
Buildings
3
Units
2
Bathrooms
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Urban Six Realty
Entity
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
$1,200,000
Urban Six Realty
Clarksville Masonic Lodge
Warranty Deed
$960,000 · 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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