Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    398 Jack Miller Blvd, Unit H Clarksville, TN 37042-8775
    Back to Search
    Property profile & analytics

    398 Jack Miller Blvd, Unit H, Clarksville, TN 37042-8775

    View on Map
    • Retail residential properties
    • 972 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Nov 15, 2023
    $110,000
    Property ID
    US80-3257334
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail residential properties

    Property Details for 398 Jack Miller Blvd

    Year built
    1999
    Lot size
    0.40 lot acres
    Zone code
    R-4
    Property type
    Retail residential properties
    APN
    019J A 00908 H000
    APU
    019JA00908H000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 15, 2023 $110,000 Chai Kilmer Larry Lamont Galler SR. Warranty Deed $78k · F & M Bank
    Feb 9, 2012 — Larry L Galler SR. Galler,carolyn J Quit Claim Deed · related —
    Mar 17, 2009 $54,000 Galler,larry L SR Veterans Admn Grant Deed $55k · Cumberland Bk
    Jul 29, 2008 $55,962 Veterans Admn Pittman,joe R JR & Kala D Trustees Deed · related —
    — — Hinshaw,frederick M III — Deed Of Trust · related $59k · First Horizon Hm Ln

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.4183
    Latitude
    36.6112
    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
    $474
    $0.00
    $0.00
    $15,850
    -
    $16,000
    $47,400
    $63,400

    Comparable in this City

    • Value Estimation
      $650,000
      4,896 SF

      1249 Verkler Dr

      STORES & APARTMENTS
      1249 Verkler Dr, Clarksville, TN 37042-9006
      View Details
    • Value Estimation by Request
      2,804 SF

      2015 Calumet Ct

      STORES & APARTMENTS
      2015 Calumet Ct, Clarksville, TN 37042-1634
      View Details
    • Value Estimation
      $590,000
      4,172 SF

      1999 Calumet Dr

      STORES & APARTMENTS
      1999 Calumet Dr, Clarksville, TN 37042-8690
      View Details
    • Value Estimation
      $3,385,000
      18,200 SF

      110 Concord Dr

      STORES & APARTMENTS
      110 Concord Dr, Clarksville, TN 37042-4467
      View Details
    • Value Estimation
      $795,000
      7,360 SF

      1237 Pkwy Pl

      STORES & APARTMENTS
      1237 Pkwy Pl, Clarksville, TN 37042-8411
      View Details
    • Value Estimation
      $560,000
      7,360 SF

      1263 Pkwy Pl

      STORES & APARTMENTS
      1263 Pkwy Pl, Clarksville, TN 37042-8402
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,236 SF

      Mixed-Use Property For Sale

      Mixed-use property with high traffic and income-producing billboard.
      Unknown, Clarksville, TN 37042
      View Details
    • Contact for pricing
      3,500 SF

      Mixed-Use Property | 3,500 SqFt

      Mixed-use property with 3,500 SqFt of space available for sale.
      820 Providence Blvd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      5,915 SF

      New Wawa with 20-Year Lease

      New construction Wawa with 20-year NNN lease in Clarksville.
      1290 Parkway Pl, Clarksville, TN 37042
      View Details
    • $99,999
      12,197 SF

      Commercial Land For Sale

      0.28-acre parcel for expansion or development in high-visibility area.
      Providence Blvd, Clarksville, TN 37042
      View Details
    • $1,650,000

      85+ Acres Development Opportunity

      Large R-4 zoned land with creek and lake.
      901 Britton Springs Rd, Clarksville, TN 37042
      View Details
    • $550,000

      High-Visibility Office/Retail Space For Sale

      C-5 zoned office/retail space with high traffic volume.
      1 East Bel Air Blvd, Clarksville, TN 37042
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Lot Near Tiny Town

      0.95 acre commercial lot for sale, lease, or build-to-suit.
      Tobacco Rd, Clarksville, TN 37042
      View Details
    • $2,420 /Mo

      Retail Space on Ft Campbell

      Retail space available for rent on Ft Campbell Blvd.
      1925D Fort Campbell Blvd, Clarksville, TN 37042
      View Details
    • Contact for pricing

      Retail Suites Near New Hospital

      Three retail suites available for lease near new hospital.
      2180 Peachers Mill Rd, Clarksville, TN 37042
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    398 Jack Miller Blvd, Unit H
    Clarksville, TN 37042-8775
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    398 Jack Miller Blvd, Clarksville, TN, 37042
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!