Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    560 Alfred Thun Rd Clarksville, TN 37040-5330

    • Distribution centers
    • 17,600 SF
    • 2.60 lot acres
    OFF-MARKET
    Last Sale
    Jul 23, 2024
    $4,200,000
    Value Estimations
    $4,200,000
    Show details
    Cap Rate Potential
    3%
    Distribution centers
    Location Intelligence
    Property ID
    US80-1674777
    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.

    Current Use by Public Records

    • Nacarato Truck Centers- Clarksville, TN / Used Truck Dealer / Truck Dealer

    Property Details for 560 Alfred Thun Rd

    Year built
    2019
    Lot size
    2.60 lot acres
    Property size
    17,600 SF
    Zone code
    M-2
    Property type
    Distribution centers
    APN
    033 01414 000
    APU
    3301414000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,200,000
      ML approach
      $4,200,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,306,000
      Market price range: $788k - $6.38M
      AI Estimate
      $4,306,000
      Market price range: $788k - $6.38M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,045,000
      Current use
      RESTAURANT
      $6,055,000
      Change: +50% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $4,460,000
      Change: +10% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.2736
    Latitude
    36.5916
    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
    $33,085
    $0.00
    $0.00
    $879,000
    -
    $282,900
    $1,914,600
    $2,197,500

    Comparable in this City

    • Value Estimation by Request
      1.52 Acres

      255 Needmore Rd

      Distribution properties • 1.52 Acres
      255 Needmore Rd, Clarksville, TN 37040
      View Details
    • Value Estimation
      $20,250,000
      165,024 SF

      130 Lifes Good Way

      DISTRIBUTION WAREHOUSE • 165,024 SF
      130 Lifes Good Way, Clarksville, TN 37040-1720
      View Details
    • Value Estimation
      $2,960,000
      11,960 SF

      115 Terminal Rd

      DISTRIBUTION WAREHOUSE • 11,960 SF
      115 Terminal Rd, Clarksville, TN 37040-5825
      View Details
    • Value Estimation by Request
      30,000 SF

      111 Kaspia Way

      Distribution properties • 30,000 SF
      111 Kaspia Way, Clarksville, TN 37040
      View Details
    • Value Estimation
      $1,370,000
      19,872 SF

      230 Salem Rd

      DISTRIBUTION WAREHOUSE • 19,872 SF
      230 Salem Rd, Clarksville, TN 37040-7802
      View Details
    • Value Estimation
      $45,790,000
      265,371 SF

      2800 International Blvd

      DISTRIBUTION WAREHOUSE • 265,371 SF
      2800 International Blvd, Clarksville, TN 37040-5324
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      124,100 SF

      Clarksville Industrial Facility For Sale

      125,000 SF industrial facility on 10.20 acres.
      901 Alfred Thun Rd, Clarksville, TN 37040
      View Details
    • Contact for pricing
      1.50 Acres

      Guthrie Hwy Commercial Land

      Prime Clarksville acreage, ideal development
      3820 Guthrie Hwy, Clarksville, TN 37040
      View Details
    • Contact for pricing
      1,100,000 SF

      Clarksville Mixed-Use Redevelopment

      1.1M SF, 9.77 acres, CBD zoning
      820 Commerce St, Clarksville, TN 37040
      View Details
    • $1,550,000
      3.93 Acres

      Clarksville Commercial Land Opportunity

      Prime 3.93 Acres, High Visibility
      2550 Whitfield Rd, Clarksville, TN 37040
      View Details
    • $875,000
      3,290 SF

      Downtown Clarksville Office Building

      Prime location, 3290 sq ft, 10+ parking spaces
      221 2Nd St, Clarksville, TN 37040
      View Details
    • $1,950,000
      4 SF

      Guthrie Highway Commercial Land

      4.91 acre commercial land with highway frontage.
      3798 Guthrie Hwy, Clarksville, TN 37040
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      18,500 SF

      College Street Warehouse - Clarksville, TN

      18,500 SF Warehouse, High Visibility
      1214 College St, Clarksville, TN 37040
      View Details
    • $18 SF/Yr
      6,000 SF

      Clarksville Mixed-Use Property

      Modern Office & Warehouse Space Available
      1030 Smokestack Dr, Clarksville, TN 37040
      View Details
    • Contact for pricing
      2,255,000 SF

      Northpark Logistics: Clarksville, TN

      Class A Industrial Park; Rail Served
      4175 Guthrie Hwy, Clarksville, TN 37040
      View Details
    • $15 SF/Yr
      8,000 SF

      Needmore Road Warehouse - 8,000 SF

      New 8,000 SF warehouse, ready October 2024. Excellent Montgomery County location.
      255 Needmore Rd, Clarksville, TN 37040
      View Details
    • Contact for pricing
      4,920 SF

      Warehouse/Flex Space Available

      4,920 SF warehouse/flex space for rent.
      2122 Trenton Rd, Clarksville, TN 37040
      View Details
    • $19 SF/Yr
      1,650 SF

      Clarksville Flex Space For Lease

      Flex space available for lease with highway access.
      1801 East Boy Scout Rd, Clarksville, TN 37040
      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.
    560 Alfred Thun Rd
    Clarksville, TN 37040-5330
    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

    Google sign-in failed. Please try again or use another login method.