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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Warehouses
2292 Hwy 48 Clarksville, TN 37040-7225
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3145826
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Total area
6,180 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C-2
APN
101 01000 000
UPID
US80-3145826
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
by Request
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$886k
Blend (final)
Blend
$1.42M
Owner & transaction history
Mercer Storage Of Macon LLC · 4 yrs held
Mercer Storage Of Macon LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-2 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-2 - GENERAL COMMERCIAL DISTRICT The C-2 General Commercial District is for personal and business services, general and professional offices, multiple family dwellings (including apartments and townhouses) and general retail business. Districts in this category are intended to include areas where commercial development has displaced or is displacing residen…
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,565.10 ac
Source
zoning ordinance
Top alternative use upside
Neighborhood: shopping center
$1.6M
+10.3%
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
$1,415,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,420,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,565,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.15M (Apr 18 2022)
Last sale anchor
$1.15M
Apr 18 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
$229 / 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
$7,631
Tax year 2023
Assessed value
$180,840
Assessed 2023
Previous assessed
$180,840
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$105,400
Improvement market value
$346,700
Total market value
$452,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Buildings
4
Stories
1
Units
1
Bathrooms
1
Total area
6,180 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C-2
APN
101 01000 000
UPID
US80-3145826
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-2 · Clarksville, TNZoning C-2 · permitted uses
C-2 · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-2 - GENERAL COMMERCIAL DISTRICT The C-2 General Commercial District is for personal and business services, general and professional offices, multiple family dwellings (including apartments and townhouses) and general retail business. Districts in this category are intended to include areas where commercial development has displaced or is displacing residential development, or is moving in on vacant lands. This section is designed to guide future change so as to preserve the carrying capacity of the streets and to provide for off-street parking and loading. It is not the intent of this district to encourage the extension of existing strip commercial areas, but rather to provide concentrations of general commercial activities. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.3.22
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,565.10 ac
Source
zoning ordinance
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Heating
NONE
Stories
1
Buildings
4
Units
1
Bathrooms
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Mercer Storage Of Macon LLC
Entity
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2022
$1,150,000
Mercer Storage Of Macon LLC
Ben Stanley
Warranty Deed
$1,500,000 · Ameris Bank
Nov 3, 2020
—
Ben Stanley
Salvatore Zingale
Warranty Deed
—
Dec 8, 2008
—
Powers,charles C
Clay Powers Family
Quit Claim Deed
related
—
Dec 8, 2008
$658,000
Zingale,salvatore & Aurelia
Powers,charles C
Warranty Deed
$526,400 · F&m Bk/wv
Dec 30, 2004
—
Clay Powers Family
B & C Rentals
Quit Claim Deed
related
—
Jan 5, 2004
—
Powers,charles C
Powers,belinda M
Quit Claim Deed
related
—
May 13, 1996
—
William Allen Allen
—
Deed Of Trust
related
—
—
—
Clay Powers Family
—
Deed Of Trust
related
$277,632 · Legends Bk
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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