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Property profile & analytics
OFF-MARKET
Estimated value
$6,270,000
Grocery and convenience stores
2551 Whitfield Rd Clarksville, TN 37040-7500
Trust Owned
11-yr Hold
Free & Clear
Property ID
US80-1590551
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2015
Total area
41,092 SF
Lot
7.79 ac (339,332 SF)
Zoning code
C-5
APN
042 00504 000
UPID
US80-1590551
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
-
Coinstar Bank Credit Union
-
Walmart Fuel Station Grocery & Convenience Store
-
Walmart Drive Thru Testing Medical Laboratory
-
Walmart Home Theater Installation Electrical Service General Contractor
-
Walmart Home Services Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.31M
Blend (final)
Blend
$6.27M
Owner & transaction history
Wal-mart Real Estate Busn Trust · 11 yrs held
Wal-mart Real Estate Busn Trust
since 2015
1 recorded transaction
Zoning & alternative use
C-5 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$10.4M
+60.0%
Warehouse, storage
$9.4M
+45.1%
Medical building
$7.1M
+9.7%
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
$6,505,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$10,410,000
Change: +60% · Conversion: Moderate
WAREHOUSE, STORAGE
$9,440,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$7,140,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$6,525,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$6.27M
Range $5.64M – $6.90M · ±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
$153 / 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
$81,615
Tax year 2023
Assessed value
$1,934,000
Assessed 2023
Previous assessed
$1,934,000
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$1,617,700
Improvement market value
$3,217,300
Total market value
$4,835,000
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
2015
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Bathrooms
2
Total area
41,092 SF
Lot
7.79 ac (339,332 SF)
Zoning code
C-5
APN
042 00504 000
UPID
US80-1590551
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.4M
WAREHOUSE, STORAGE
Est. value
$9.4M
MEDICAL BUILDING
Est. value
$7.1M
OFFICE BUILDING
Est. value
$6.5M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE 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
2015
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
2
Lot
7.79 ac
Current owner
From public records · entity-resolved
Wal-mart Real Estate Busn Trust
Trust
Free & Clear · 11 yrs held
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2015
$1,204,892
Wal-mart Real Estate Busn Trust
Kirby Wilson P & Norma J
Warranty 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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