Office Building with Private
107 N 3rd St Clarksville, TN 37040
For Sale
Contact for pricing
Office building offering 12 private offices, multiple work areas, a conference room, and four restrooms.
Property Size10,709 SF
Price / SF$116.72
Days on Market147
Property Features for 107 N 3rd St
General Information
Standard status
Active
Size
10,709 SF
Property subtype
OFFICE
Listing Agency:
NAI Clarksville
(931) 648-4700
Listed By:
Wayne Wilkinson · License #204027
Source:
Moodyscre
Added: Mar 4
Changed: Jul 26
Last Checked: Jul 28 at 4:03PM
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 NAI Clarksville
Investment Insights
Based on property information with market context.
This office building is configured with 12 private offices, a reception area, and multiple areas for clerical or open work. The interior also includes a conference room, a large meeting/seminar area, a library, and a supply room, along with a file/storage area.
The layout is further supported by four restrooms. Designed to support both private and collaborative work, the space includes dedicated rooms for meetings, reference/library use, and administrative support functions.
Overall, the property presents a self-contained office environment with a mix of private office suites and larger meeting spaces, suitable for organizations that need both enclosed workspace and room for group sessions.
The layout is further supported by four restrooms. Designed to support both private and collaborative work, the space includes dedicated rooms for meetings, reference/library use, and administrative support functions.
Overall, the property presents a self-contained office environment with a mix of private office suites and larger meeting spaces, suitable for organizations that need both enclosed workspace and room for group sessions.
Key Highlights
- Office building with 12 private offices
- Conference room plus a large area for meetings and seminars
- Reception area for client‑facing entry
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $192.8k | $18.00 |
| − Vacancy | −$61.7k | −$5.76 |
| EGI | $131.1k | $12.24 |
| − OpEx | −$32.8k | −$3.06 |
| NOI | $98.3k | $9.18 |
10,709 SF · lease $18.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.64M
NOI $98,309 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,835 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office building offering 12 private offices, multiple work areas, a conference room, and four restrooms.
Where is this office units located?
The property is located at 107 N 3rd St Clarksville, TN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Office building with 12 private offices; Conference room plus a large area for meetings and seminars; Reception area for client‑facing entry
