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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail residential properties
3874 Nene Dr Clarksville, TN 37040-6164
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0896758
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1996
Total area
5,022 SF
Lot
0.43 ac (18,731 SF)
Zoning code
R-4
APN
017B B 00600 000
UPID
US80-0896758
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$580k
Owner & transaction history
Lifecare Heritage INC · 2 yrs held
Lifecare Heritage INC
since 2024
Last sale
$630,000
4 recorded transactions
Zoning & alternative use
R-4 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$870,000
+47.7%
Office building
$800,000
+35.1%
Retail stores
$795,000
+34.6%
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
$540,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$680,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$590,000
Current use
MEDICAL BUILDING
$870,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$800,000
Change: +35% · Conversion: Easy
RETAIL STORES
$795,000
Change: +35% · Conversion: Easy
AUTO REPAIR, GARAGE
$620,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $630k (Feb 3 2026)
Last sale anchor
$630k
Feb 3 2026
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
$115 / 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
$5,647
Tax year 2023
Assessed value
$133,800
Assessed 2023
Previous assessed
$133,800
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$45,000
Improvement market value
$289,500
Total market value
$334,500
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1996
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
4
Bathrooms
8
Total area
5,022 SF
Lot
0.43 ac (18,731 SF)
Zoning code
R-4
APN
017B B 00600 000
UPID
US80-0896758
Jurisdiction
MONTGOMERY
Zoning & alternative use
R-4 · Clarksville, TN
Zoning R-4 · permitted uses
R-4 · 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
$590,000
MEDICAL BUILDING
Est. value
$870,000
OFFICE BUILDING
Est. value
$800,000
RETAIL STORES
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$620,000
COMMERCIAL (GENERAL) Current
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
1996
Heating
YES
Cooling
Yes
Stories
2
Units
4
Bathrooms
8
Lot
0.43 ac
Current owner
From public records · entity-resolved
Lifecare Heritage INC
Entity
Mailing address
4969 RIVERBANK DR, HERMITAGE, TN 37076-1594
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2024
$540,000
Lifecare Heritage INC
Shirley Kay Schillo
Warranty Deed
—
Sep 17, 2020
—
Schillo,shirley K Trust
Shirley K Schillo
Quit Claim Deed
related
—
—
—
Richard T Schillo
—
Deed Of Trust
related
$575,000 · Us Bank NA
—
—
Richard T Schillo
—
Loan Modification
related
$489,649 · Us Bk
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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