Add Listing
    For Sale
    • 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

    2550 Whitfield Rd Clarksville, TN 37040

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,550,000

    Prime 3.93 Acres, High Visibility

    Property Features for 2550 Whitfield Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    171,191 SF

    We can help!

    Listing Contact
    Jason Daugherty
    Jason Daugherty

    Listing Agency: Berkshire Hathaway HomeServices PenFed Realty Clarksville Listing Agent: Jason Daugherty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 3.93-acre property presents a rare development opportunity in Clarksville, TN's thriving commercial corridor. Located at 2550 Whitfield Road, this land offers significant potential due to its strategic location and flexible zoning. The property comprises two contiguous tracts zoned C2 and R3, allowing for a diverse range of development possibilities, from retail to residential. Boasting extensive road frontage along Whitfield Road, the site benefits from exceptional visibility and accessibility. Its proximity to the Roundabout traffic circle at the intersection of Whitfield and Needmore Roads ensures high traffic flow and excellent exposure. Furthermore, the property's location directly across from a Walmart Neighborhood Market and a short distance from Glen Ellen Elementary School provides immediate access to a substantial customer base and a strong residential community. The easily accessible site is also highly visible from the signalized intersection of 101st and Whitfield Roads, maximizing its marketing potential. This prime location, combined with the flexible zoning and substantial acreage, makes this an unparalleled investment opportunity for developers seeking a high-impact project in a rapidly growing area. The property is offered at $1,550,000. Detailed zoning information and development plans are available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery County, TN
    State
    Tennessee
    Longitude
    -87.33723
    Latitude
    36.58281

    Nearby Similar for Sale

    • $424,000
      3,542 SF

      Established Karaoke Bar with Amenities

      Popular karaoke bar with pool tables and entertainment spaces.
      2647 Fort Campbell Blvd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,100 SF

      Versatile Commercial Space on Dover Road

      Multi-use commercial space perfect for retail, office, or creative studio.
      319A Dover Rd, Clarksville, TN 37042
      View Details
    • $599,000
      3,930 SF

      Renovated Commercial Building on Providence

      Renovated 3,930 SF commercial building with parking on busy road.
      703 Providence Blvd, Clarksville, TN 37042
      View Details
    • $1,250,000

      Clarksville Office Space for Sale

      Finished office space in Clarksville's Central Business District.
      107 N 3Rd St, Clarksville, TN 37040
      View Details
    • Contact for pricing

      Clarksville Corporate Business Park Property

      Located in Clarksville Montgomery County Corporate Business Park.
      525-B Alfred Thun Rd, Clarksville, TN 37040
      View Details
    • Contact for pricing
      5,915 SF

      New Construction Wawa For Sale

      Recently completed Wawa with long-term lease and strong demographics.
      Parkway Pl, Clarksville, TN 37042
      View Details
    • Contact for pricing
      950 SF

      New Dutch Bros Coffee ForSale

      Newly built Dutch Bros in Clarksville, TN for sale.
      2310 Trenton Rd, Clarksville, TN 37040
      View Details
    • Contact for pricing
      10,031 SF

      Retail Shops Near Governor's Square

      Retail property near a large mall in a growing area.
      3031 Wilma Rudolph Blvd, Clarksville, TN 37040
      View Details
    • $1,150,000
      7,610 SF

      Mixed-Use Investment Opportunity

      Turnkey, income-producing mixed-use property on high-traffic US Highway 41.
      1959 Fort Campbell Blvd, Clarksville, TN 37042
      View Details
    • $549,950
      2,604 SF

      Fort Campbell Blvd Investment Opportunity

      Commercial property on Fort Campbell Blvd, ideal for various businesses.
      2030 Fort Campbell Blvd, Clarksville, TN 37042
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 3.93 Acres, High Visibility
    Where is this commercial real estate located?
    The property is located at 2550 Whitfield Rd Clarksville, TN.
    What is the asking price?
    The asking price for this property is $1,550,000.
    (931) 920-6792
    Request Owner's contact information
    2550 Whitfield Rd Clarksville, TN 37040
    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.
    2550 Whitfield Rd
    Clarksville, TN 37040
    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
    2550 Whitfield Rd Clarksville, TN 37040
    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

    We can help!
    Listing Contact
    Jason Daugherty
    Jason Daugherty
    (931) 920-6792 (931) 320-0806 (931) 503-8000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!