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Property profile & analytics
OFF-MARKET
Estimated value
$6,440,000
Grocery and convenience stores
2302 Madison St Clarksville, TN 37043-5453
Trust Owned
15-yr Hold
~
Est. High Equity
Property ID
US80-0824330
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Total area
41,471 SF
Lot
5.09 ac (221,720 SF)
Zoning code
C-3
APN
081 05005 000
UPID
US80-0824330
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
-
Marco Jacqueline Pediatrician Physician
-
Kent Stephen W MD Medical Examiner
-
Christopher Peterson Physician
-
Cortney Bryant Physician
-
DoctorsCare - Sango Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.48M
Blend (final)
Blend
$6.44M
Owner & transaction history
Daniel G Kamin Clarksville Trust · 15 yrs held
Daniel G Kamin Clarksville Trust
since 2010
5 recorded transactions
Zoning & alternative use
C-3 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$9.5M
+45.1%
Office building
$7.0M
+6.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,565,000
Current use
WAREHOUSE, STORAGE
$9,525,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$7,010,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$6,205,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$6.44M
Range $5.80M – $7.08M · ±10%
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
$155 / 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
$57,492
Tax year 2023
Assessed value
$1,986,040
Assessed 2023
Previous assessed
$1,986,040
+0.0% YoY
Effective rate
2.89%
On assessed value
Land market value
$723,700
Improvement market value
$4,241,400
Total market value
$4,965,100
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1990
Heating
YES
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Units
1
Bathrooms
5
Total area
41,471 SF
Lot
5.09 ac (221,720 SF)
Zoning code
C-3
APN
081 05005 000
UPID
US80-0824330
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-3 · Clarksville, TN
Zoning C-3 · permitted uses
C-3 · 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
$6.6M
WAREHOUSE, STORAGE
Est. value
$9.5M
OFFICE BUILDING
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$6.2M
RETAIL STORES Current
WAREHOUSE, STORAGE
OFFICE BUILDING
MEDICAL 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
1990
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
5
Lot
5.09 ac
Current owner
From public records · entity-resolved
Daniel G Kamin Clarksville Trust
Trust
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2010
—
Daniel G Kamin Clarksville Trust
Kamin,daniel G
Quit Claim Deed
related
$1,830,000 · Legends Bank
Nov 3, 2004
—
Wenbg Partners
—
Grant Deed
related
$9,616,000 · Branch Bk&tr
Mar 22, 1993
$74,000
William G Beach
Unknown
Grant Deed
—
Feb 16, 1990
$499,273
Clarksville Venture
Unknown,
Grant Deed
—
—
—
Rabier,daniel & Niki 2009 Trust
—
Deed Of Trust
related
$415,000 · 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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