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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Warehouses
5843 Old Clarksville Pike Joelton, TN 37080-8812
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-0833743
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Total area
5,000 SF
Lot
1.23 ac (53,579 SF)
Zoning code
CS
APN
029-00-0-072-00
UPID
US80-0833743
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
-
R E Waller Masonry General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$816k
Blend (final)
Blend
$795k
Owner & transaction history
Robin Dewayne Waller · 2 yrs held
Robin Dewayne Waller
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
CS · Joelton, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+18.9%
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 Joelton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Joelton 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
$855,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$715,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,070,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,275,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $750k (Sep 25 2023)
Last sale anchor
$750k
Sep 25 2023
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
$159 / 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
$7,313
Tax year 2023
Assessed value
$250,280
Assessed 2023
Previous assessed
$250,280
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$32,160
Assessed improvement
$218,120
Land market value
$80,400
Improvement market value
$545,300
Total market value
$625,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
5,000 SF
Lot
1.23 ac (53,579 SF)
Zoning code
CS
APN
029-00-0-072-00
UPID
US80-0833743
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Joelton, TN
Zoning CS · permitted uses
CS · Joelton, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Joelton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
WAREHOUSE, STORAGE Current
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
1998
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Robin Dewayne Waller
Individual
Free & Clear · 2 yrs held
Mailing address
3844 OLD CLARKSVILLE PIKE, JOELTON, TN 37080-8820
Ownership since
2023
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
Sep 25, 2023
—
Robin Dewayne Waller
Robin Waller
Intrafamily Transfer
related
—
Mar 27, 2023
$750,000
Brandy S George
Ronald E Waller
Warranty Deed
$600,000 · F & M Bank
Jul 7, 2010
—
Ronald E Waller
—
Trustees Deed
related
$999,999 · First Tennessee Bank National
Jun 21, 1990
$70,000
Ronald E Waller
Unknown
Grant Deed
—
—
—
Ronald E Waller
—
Deed Of Trust
related
$999,999 · First Tennessee Bank National
—
—
Ronald E Waller
—
Deed Of Trust
related
$999,999 · First Tennessee Bank National
—
—
Ronald E Waller
—
Deed Of Trust
related
$999,999 · First Tennessee Bank National
—
—
Ronald E Waller
—
Deed Of Trust
related
$500,000 · Amsouth Bank
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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