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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
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
$1.05M
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
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
$1.05M
Range $945k – $1.16M · ±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
$170 / 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, TN
Zoning 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
Clarksville. Always verify with local authorities before improvements.
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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