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Property profile & analytics
FOR SALE
Individual retail properties
5424 Clarksville Hwy Whites Creek, TN 37189
Entity Owned
1-yr Hold
Property ID
US80-1279690
For Sale
1 / 15
$3,500,000
5424 Clarksville Hwy, Whites Creek, TN 37189
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Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1960
Total area
2,215 SF
Lot
28.47 ac (1,240,153 SF)
Zoning code
MULTI-ZONE
APN
039-00-0-094-00
UPID
US80-1279690
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$865k
Owner & transaction history
Lgc Investments LLC · 1 yrs held
Lgc Investments LLC
since 2024
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Whites Creek, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+53.5%
Commercial (general)
$1.1M
+48.4%
Retail stores
$940,000
+32.9%
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 Whites Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whites Creek 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
LAUNDROMAT (SELF-SERVICE)
$705,000
Current use
AUTO REPAIR, GARAGE
$1,085,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,050,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$940,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$625,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$610,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$391 / 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
$13,538
Tax year 2023
Assessed value
$463,305
Assessed 2023
Previous assessed
$463,305
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$47,745
Assessed improvement
$415,560
Land market value
$165,300
Improvement market value
$1,038,900
Total market value
$1,204,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
For Sale
Year built
1960
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
2,215 SF
Lot
28.47 ac (1,240,153 SF)
Zoning code
MULTI-ZONE
APN
039-00-0-094-00
UPID
US80-1279690
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Whites Creek, TN
Zoning MULTI-ZONE · permitted uses
MULTI-ZONE · Whites Creek, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whites Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
LAUNDROMAT (SELF-SERVICE) Current
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$940,000
MEDICAL BUILDING
Est. value
$625,000
OFFICE BUILDING
Est. value
$610,000
LAUNDROMAT (SELF-SERVICE) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
1960
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
28.47 ac
Current owner
From public records · entity-resolved
Lgc Investments LLC
Entity
Mailing address
5428 CLARKSVILLE HWY, WHITES CREEK, TN 37189-9017
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
—
Lgc Investments LLC
Richardson Investments LLC
Quit Claim Deed
related
—
May 6, 2005
—
Richardson Investments LLC Of Nashv
Carroll M Richardson
Quit Claim Deed
related
$900,000 · First National Bank Of Pulaski Tenn
Jun 1, 2004
—
Caroll M Richardson
—
Trustees Deed
related
$350,000 · First Tennessee Bank National
Dec 5, 2002
$100,000
Carroll M Richardson
Richardson,carroll M & Michael G
Grant Deed
related
—
Nov 22, 2002
—
Carroll M Richardson
Germantown Hill Service Center
Quit Claim Deed
related
—
Jun 24, 1994
$88,000
Germantown Hill Service Center
Unknown,
Grant Deed
$73,000 · Carl Tinsley Etal
Jun 14, 1994
$88,000
Germantown Hill Service Center I
Unknown,
Grant Deed
—
—
—
Carroll M Richardson
—
Deed Of Trust
related
$176,109 · Bank Of Nashville
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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