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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Strip malls
2540 Madison St Clarksville, TN 37043-6590
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1646146
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2018
Total area
2,706 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C-5
APN
081K A 00100 000
UPID
US80-1646146
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
-
Jane Jungeon Choi Physician Medical Clinic
-
The Allergy, Asthma & Sinus Center Physician Medical Clinic
-
Highlands Residential Mortgage Loan Service Bank
-
Dr. Jane J. Choi Physician Medical Clinic
-
Dr. Megan Stauffer Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.61M
Owner & transaction history
Millan Holdings LLC · 3 yrs held
Millan Holdings LLC
since 2023
Last sale
$2.2M
7 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
$1.61M
Range $1.45M – $1.77M · ±10% · vs last sale $2.15M (Mar 22 2023)
Last sale anchor
$2.15M
Mar 22 2023
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
$595 / 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
$23,227
Tax year 2023
Assessed value
$525,160
Assessed 2023
Previous assessed
$525,160
+0.0% YoY
Effective rate
4.42%
On assessed value
Land market value
$441,300
Improvement market value
$871,600
Total market value
$1,312,900
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
2018
Heating
YES
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Bathrooms
2
Total area
2,706 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C-5
APN
081K A 00100 000
UPID
US80-1646146
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
2018
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
1.34 ac
Current owner
From public records · entity-resolved
Millan Holdings LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2023
$2,150,000
Millan Holdings LLC
J Mark Young
Warranty Deed
$1,720,000 · Planters Bank
Mar 22, 2023
—
Planters Bank INC
Millan Holdings LLC
Lease
—
Dec 29, 2022
$2,150,000
Millan Holdings LLC
J Mark Young
Land Contract
$2,150,000 · Not Available
Oct 20, 2020
—
Mark J Young
—
Deed
related
$117,334 · F&m Bk
May 16, 2018
$80,000
J Mark Young
Mills,jesse R
Grant Deed
—
Oct 25, 2017
—
J Mark Young
—
Trustees Deed
related
$1,336,000 · Planters Bk
Jul 3, 2017
$375,000
Young J Mark
Edie E Safko
Warranty Deed
$300,000 · First Advantage Bank
—
—
Mark J Young
—
Loan Modification
related
$117,334 · F&m Bk
—
—
Edie Safko
—
Deed Of Trust
related
$7,622 · Peoples First National 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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