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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Retail residential properties
324 Franklin St Clarksville, TN 37040-3422
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0308869
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2001
Total area
7,812 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CBD
APN
066G J 01500 000
UPID
US80-0308869
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
-
Green Interchange Department Store
-
Thurman Campbell Group: Yates Bob CPA Accounting Firm Tax Preparation
-
Thurman Campbell Group Plc Accounting Firm Tax Preparation
-
Proctor Jeff CPA Accounting Firm Tax Preparation
-
Lowe Rick CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.43M
Owner & transaction history
Jb Investements · 5 yrs held
Jb Investements
since 2020
5 recorded transactions
Zoning & alternative use
CBD · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+115.5%
Warehouse, storage
$1.8M
+95.4%
Medical building
$1.4M
+47.7%
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
COMMERCIAL (GENERAL)
$920,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,980,000
Change: +115% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,795,000
Change: +95% · Conversion: Difficult
MEDICAL BUILDING
$1,355,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$1,240,000
Change: +35% · Conversion: Easy
RETAIL STORES
$1,235,000
Change: +35% · Conversion: Easy
AUTO REPAIR, GARAGE
$965,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±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
$183 / 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
$19,142
Tax year 2023
Assessed value
$453,600
Assessed 2023
Previous assessed
$453,600
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$184,800
Improvement market value
$949,200
Total market value
$1,134,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2001
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
1
Bathrooms
4
Total area
7,812 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CBD
APN
066G J 01500 000
UPID
US80-0308869
Jurisdiction
MONTGOMERY
Zoning & alternative use
CBD · Clarksville, TN
Zoning CBD · permitted uses
CBD · 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
COMMERCIAL (GENERAL) Current
Est. value
$920,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$965,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
2001
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jb Investements
Individual
Mailing address
324 FRANKLIN ST, CLARKSVILLE, TN 37040-3422
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Dec 9, 2020
—
Jb Investements
Eagles Bluff Partnership
Quit Claim Deed
related
—
Jul 20, 2020
—
F & F Partners
—
Deed
related
$410,600 · Robert E White
Dec 9, 2014
$150,000
Cherokee Rentals
English Lacy F
Warranty Deed
$732,408 · Legends Bank
Aug 9, 1999
$115,000
Rentals Cherokee
Goodlett,frank G
Grant Deed
—
—
—
F & F Partners
—
Deed Of Trust
related
$410,600 · Robert E White
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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