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Property profile & analytics
OFF-MARKET
Estimated value
$3,490,000
Warehouses
528 Dover Rd Clarksville, TN 37042-6001
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-1843700
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Total area
12,000 SF
Lot
10.03 ac (436,907 SF)
Zoning code
C-2
APN
054G F 04200 000
UPID
US80-1843700
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
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.35M
Blend (final)
Blend
$3.49M
Owner & transaction history
Clarksville Po LLC · 7 yrs held
Clarksville Po LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-2 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-2 - GENERAL COMMERCIAL DISTRICT The C-2 General Commercial District is for personal and business services, general and professional offices, multiple family dwellings (including apartments and townhouses) and general retail business. Districts in this category are intended to include areas where commercial development has displaced or is displacing residen…
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,565.10 ac
Source
zoning ordinance
Top alternative use upside
Restaurant
$4.1M
+49.7%
Neighborhood: shopping center
$4.0M
+43.9%
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
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
WAREHOUSE, STORAGE
$2,755,000
Current use
RESTAURANT
$4,125,000
Change: +50% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,965,000
Change: +44% · Conversion: Moderate
Blend value · Realmo final
$3.49M
Range $3.14M – $3.84M · ±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
$291 / 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
$50,002
Tax year 2023
Assessed value
$1,184,880
Assessed 2023
Previous assessed
$1,184,880
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$433,200
Improvement market value
$2,529,000
Total market value
$2,962,200
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
YES
Buildings
12
Stories
1
Units
1
Bathrooms
1
Total area
12,000 SF
Lot
10.03 ac (436,907 SF)
Zoning code
C-2
APN
054G F 04200 000
UPID
US80-1843700
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-2 · Clarksville, TNZoning C-2 · permitted uses
C-2 · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-2 - GENERAL COMMERCIAL DISTRICT The C-2 General Commercial District is for personal and business services, general and professional offices, multiple family dwellings (including apartments and townhouses) and general retail business. Districts in this category are intended to include areas where commercial development has displaced or is displacing residential development, or is moving in on vacant lands. This section is designed to guide future change so as to preserve the carrying capacity of the streets and to provide for off-street parking and loading. It is not the intent of this district to encourage the extension of existing strip commercial areas, but rather to provide concentrations of general commercial activities. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.3.22
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,565.10 ac
Source
zoning ordinance
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.8M
RESTAURANT
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
12
Units
1
Bathrooms
1
Lot
10.03 ac
Current owner
From public records · entity-resolved
Clarksville Po LLC
Entity
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2019
—
Clarksville Po LLC
Storage Pros Clarksville LLC
Quit Claim Deed
related
—
Dec 30, 2015
—
Storage Pros Clarksville LLC
Pollard Properties
Warranty Deed
related
—
Oct 30, 2015
—
Pollard Properties
Augustine,heather M
Quit Claim Deed
related
—
Sep 4, 2015
$3,500,000
Storage Pros Clarksville LLC
Pollard Properties
Warranty Deed
$3,900,000 · Rialto Mortgage Finance
Apr 15, 2010
—
Pollard Properties LLC
—
Trustees Deed
related
$1,372,500 · Cumberland Bank & Trust
Oct 6, 2009
—
Pollard Properties LLC
—
Trustees Deed
related
$180,000 · Cumberland Bk
Dec 21, 2007
—
Pollard Properties LLC
—
Trustees Deed
related
$220,000 · Cumberland Bk
Feb 27, 2007
—
Pollard Properties LLC
—
Trustees Deed
related
$100,000 · Cumberland Bk
Jan 26, 2006
—
Pollard Properties LLC
Pollard,susan
Quit Claim Deed
related
—
May 13, 2003
—
Susan Pollard
Pollard,william
Quit Claim Deed
related
—
Apr 5, 1999
$490
Bellsouth Communications I
Pollard,william
Trustees Deed
related
—
Apr 5, 1999
$105
Bellsouth Communications I
Pollard,william
Trustees Deed
related
—
Dec 31, 1998
—
John Michael Thompson
Thompson,harold
Quit Claim Deed
related
—
Nov 13, 1997
$920
State Of Tennessee
—
Grant Deed
related
—
Jun 7, 1996
$55,000
William H Pollard JR.
Unknown
Grant Deed
$41,000 · Union Planters National Bank
—
—
Pollard Properties
—
Deed Of Trust
related
$2,010,000 · Cumberland Bank & Trust
—
—
Pollard Properties LLC
—
Deed Of Trust
related
$400,000 · F & M Bank
—
—
Pollard Properties
—
Deed Of Trust
related
$1,678,660 · Cumberland Bank & Trust
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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