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    Property profile & analytics

    2489 Ft Campbell Blvd Clarksville, TN 37042-8068

    • Grocery and convenience stores
    • 4,753 SF
    • 1.74 lot acres
    OFF-MARKET
    Last Sale
    Feb 08, 2024
    $6,000,000
    Value Estimations
    $6,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-3379634
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Beauchamp K Jean DDS / Dental Office
    • Subway / Take-out & Catering

    Property Details for 2489 Ft Campbell Blvd

    Year built
    2013
    Lot size
    1.74 lot acres
    Property size
    4,753 SF
    Zone code
    C-5
    Property type
    Grocery and convenience stores
    APN
    019 03502 000
    APU
    1903502000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,000,000
      ML approach
      $6,000,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.4298
    Latitude
    36.6147
    CBSA code
    17300
    CBSA name
    CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,839
    $0.00
    $0.00
    $489,920
    -
    $394,200
    $830,600
    $1,224,800

    Comparable in this City

    • Value Estimation
      $1,570,000
      3,936 SF

      2475 Tiny Town Rd

      CONVENIENCE STORE • 3,936 SF
      2475 Tiny Town Rd, Clarksville, TN 37042-7219
      View Details
    • Value Estimation by Request
      2,925 SF

      640 Providence Blvd

      CONVENIENCE STORE • 2,925 SF
      640 Providence Blvd, Clarksville, TN 37042-4366
      View Details
    • Value Estimation by Request
      2,100 SF

      1721 Dotsonville Rd

      CONVENIENCE STORE • 2,100 SF
      1721 Dotsonville Rd, Clarksville, TN 37042-6921
      View Details
    • Value Estimation
      $10,080,000
      45,120 SF

      1490 Tiny Town Rd

      GROCERY, SUPERMARKET • 45,120 SF
      1490 Tiny Town Rd, Clarksville, TN 37042-7201
      View Details
    • Value Estimation by Request
      2,910 SF

      2801 Ft Campbell Blvd

      CONVENIENCE STORE • 2,910 SF
      2801 Ft Campbell Blvd, Clarksville, TN 37042-8071
      View Details
    • Value Estimation
      $2,430,000
      6,394 SF

      1475 Dover Rd

      CONVENIENCE STORE • 6,394 SF
      1475 Dover Rd, Clarksville, TN 37042-7808
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      New Construction Wawa For Sale

      Recently completed Wawa with long-term lease and strong demographics.
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      Commercial Building with Development Potential

      Prime commercial building with four units and development opportunity.
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      Fort Campbell Blvd Investment Opportunity

      Commercial property on Fort Campbell Blvd, ideal for various businesses.
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      Clarksville Retail Investment Opportunity

      High-Traffic Corner Lot, Strong Lease
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      Clarksville Retail Investment Opportunity

      High-yield, low-risk Clarksville retail property.
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      Land Opportunity for Car Wash

      Entitled, shovel-ready site for express car wash development.
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    Similar Nearby for Lease

    • $20 SF/Yr
      1,200 SF

      Retail Space on Fort Campbell

      Retail space available for lease on Fort Campbell Blvd.
      2033 Fort Campbell Blvd, Clarksville, TN 37042
      View Details
    • $2,000 /Mo
      7,320 SF

      Retail Space Near Kroger

      1,200 SF retail space available for lease.
      230 Dover Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      3,600 SF

      Retail Building on 1.27 Acres

      3,600 SF retail building with excellent visibility for lease.
      261 Stone Xing Dr, Clarksville, TN 37042
      View Details
    • $16 SF/Yr
      2,964 SF

      Adaptable Flex, Retail, Office Space

      Shell condition building suitable for flex, retail, or office use.
      257 Stonecrossing Dr, Clarksville, TN 37042
      View Details
    • $24 SF/Yr
      3,850 SF

      Clarksville Executive Office Space

      Modern, 3850 sq ft end-cap office space.
      2029 Tiny Town Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing

      Retail Space with Drive Thru

      New retail space with drive-thru, available for lease.
      1000 Crk Way, Clarksville, TN 37042
      View Details
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    2489 Ft Campbell Blvd
    Clarksville, TN 37042-8068
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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