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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Strip malls
2305 Madison St Clarksville, TN 37043-4527
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-0787282
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2022
Total area
1,716 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C-5
APN
081 05002 000
UPID
US80-0787282
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
-
Sharkey's Cuts for Kids - Clarksville Hair Salon
-
Pure Barre Gym & Fitness Center
-
Dip Nail Lounge Nail Salon
-
Tennessee Baseball Supply (Bike/Boat/Book/etc) Store
-
Island Fin Poké Co. - Clarksville, TN Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$699k
Blend (final)
Blend
$700k
Owner & transaction history
Millan Holdings LLC · 5 yrs held
Millan Holdings LLC
since 2021
Last sale
$25,000
6 recorded transactions
Zoning & alternative use
C-5 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $25k (Feb 11 2021)
Last sale anchor
$25k
Feb 11 2021
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
$408 / 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
$19,807
Tax year 2023
Assessed value
$209,800
Assessed 2023
Previous assessed
$274,200
-23.5% YoY
Effective rate
9.44%
On assessed value
Land market value
$207,500
Improvement market value
$317,000
Total market value
$524,500
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
2022
Heating
NONE
Buildings
5
Total area
1,716 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C-5
APN
081 05002 000
UPID
US80-0787282
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-5 · Clarksville, TN
Zoning C-5 · permitted uses
C-5 · 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
2022
Heating
NONE
Buildings
5
Lot
1.04 ac
Current owner
From public records · entity-resolved
Millan Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
126 MAIN ST STE A, CLARKSVILLE, TN 37040-3244
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2021
—
Millan Holdings LLC
Leo Millan
Quit Claim Deed
related
—
Aug 2, 2010
—
Ncw-national Car Wash Gp
Ncw-national Car Wash LLC
Quit Claim Deed
related
—
Jun 8, 2007
—
Ncw-national Car Wash LLC
—
Trustees Deed
related
$250,000 · Cumberland Bk
May 5, 1995
—
Robert Jane Seay
Seay,robert J
Quit Claim Deed
related
$40,000 · First Federal Savings & Loan
May 4, 1995
—
Seay,robert J
—
Trustees Deed
related
—
Nov 4, 1992
$25,000
Robert J Seay
Unknown
Grant Deed
—
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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