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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Retail residential properties
418 Jack Miller Blvd Clarksville, TN 37042-8780
Trust Owned
~
Est. High Equity
Property ID
US80-1005890
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2004
Total area
7,480 SF
Lot
0.63 ac (27,443 SF)
Zoning code
R-4
APN
019J A 00400 000
UPID
US80-1005890
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
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Alexander Trust
Alexander Trust
since 2025
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
R-4 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$925,000
+8.9%
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
$640,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$850,000
Current use
AUTO REPAIR, GARAGE
$925,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $640k (Jan 30 2024)
Last sale anchor
$640k
Jan 30 2024
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
$86 / 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
$7,511
Tax year 2023
Assessed value
$178,000
Assessed 2023
Previous assessed
$178,000
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$52,500
Improvement market value
$392,500
Total market value
$445,000
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
2004
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
8
Bathrooms
8
Total area
7,480 SF
Lot
0.63 ac (27,443 SF)
Zoning code
R-4
APN
019J A 00400 000
UPID
US80-1005890
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
$850,000
AUTO REPAIR, GARAGE
Est. value
$925,000
COMMERCIAL (GENERAL) Current
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
2004
Heating
YES
Cooling
Yes
Stories
2
Units
8
Bathrooms
8
Lot
0.63 ac
Current owner
From public records · entity-resolved
Alexander Trust
Trust
Mailing address
659 LYONS AVE NE, RENTON, WA 98059-4827
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
$795,000
Alexander Trust
Lt Miller Holding LLC
Special Warranty Deed
$569,022 · Lendsure Mortgage Corp
Jan 30, 2024
—
Lt Miller Holding LLC
Dien Blnh La
Quit Claim Deed
related
—
May 26, 2020
$640,000
Lin C Thong
Vcg Jack Miller Holdings LLC
Warranty Deed
—
Jul 2, 2018
$445,000
Vcg Jack Miller Holdings LLC
Waddle,james D & John
Warranty Deed
—
Oct 27, 2009
—
Waddle,james D & John
Waddle,james D
Quit Claim Deed
related
$529,000 · Cumberland Bk
Sep 14, 2004
—
Waddle,james D
—
Trustees Deed
related
$341,600 · Old Nat'l Bk
Feb 11, 2004
—
Waddle,james D
—
Trustees Deed
related
$341,600 · Old Nat'l Bk
Dec 23, 2003
$40,000
Ann R Etal Waddle
Russell,james W
Grant 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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