Mixed-Use Development
For Sale
$990,000
1001 Dotsonville Rd, Clarksville, TN 37042
Commercial mixed-use acreage with R1 zoning and redevelopment potential.
Property Size8,236 SF
Price / SF$120.20
Days on Market95
Property Features for 1001 Dotsonville Rd
General Information
Standard status
Active
Size
8,236 SF
Building Details
Year Built
1973
Listing Agency:
Keller Williams Realty Clarksville
Listed By:
James Church · License #367269
(707) 592-2777
Source:
Fykesrealtygroup
Added: Aug 2
Changed: Oct 25
Last Checked: Oct 7 at 4:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Clarksville
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Investment Insights
Based on property information with market context.
This mixed-use property comprises approximately 2.5± acres and is identified for commercial mixed-use purposes. The site carries R1 zoning and includes an existing improvement dating to 1973.
Located at 1001 Dotsonville Road in Clarksville, Tennessee, the property is within Montgomery County. Its land area, existing improvement, and mixed-use classification provide a basis for evaluating future commercial or mixed-use redevelopment under applicable zoning requirements.
Located at 1001 Dotsonville Road in Clarksville, Tennessee, the property is within Montgomery County. Its land area, existing improvement, and mixed-use classification provide a basis for evaluating future commercial or mixed-use redevelopment under applicable zoning requirements.
Key Highlights
- 2.5± acres of commercial mixed‑use property
- R1 zoning
- Existing improvement built in 1973
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,830
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,600
$1.6M
Cap Rate 7%
$1,111,857
$1.1M
Cap Rate 9%
$864,778
$864.8K
Market Conditions
NOI Build-Up for 8,236 SF
Gross rent
$138.4K $16.80/SF
− Vacancy
−$13.8K −$1.68/SF
EGI
$124.5K $15.12/SF
− OpEx
−$46.7K −$5.67/SF
NOI
$77.8K $9.45/SF
Area
Clarksville, TN
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,600
Cap Rate 7%
$1,111,857
Cap Rate 9%
$864,778
Alternative Uses
Best Use
Mixed Use
$1.11M
$972.9K – $1.30M
NOI $77,830 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,776 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
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Business Placement
Demographics for 37042, TN
83,498
Population
35,433
Households
2.4
Avg Household Size
29
Median Age
26%
College-Educated
94%
High-School Grad
56.9 sq mi
ZIP Area
1,467
Density / Sq Mi
$66,435
Median Household Income
$38,716
Median Earnings
$1,196
Median Rent
$220,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial mixed-use acreage with R1 zoning and redevelopment potential.
Where is this mixed-use property located?
The property is located at 1001 Dotsonville Rd Clarksville, TN.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 2.5± acres of commercial mixed‑use property; R1 zoning; Existing improvement built in 1973
