Office Building with Separate
112 Center Ct Clarksville, TN 37040
112 Center Ct, Clarksville, TN, 37040
$1,100,000
For Sale
$1,100,000
Freestanding office building with multiple separate entrances, 8 private offices, conference rooms, flex spaces, and several restrooms.
Property Size4,930 SF
Price / SF$223.12
Days on Market155
Property Features for 112 Center Ct
General Information
- Standard status
- Active
- Size
- 4,930 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing agency
COLDWELL BANKER CONROY, MARABLE & HOLLEMAN
(931) 647-3600
Listed by
MARK HOLLEMAN · License #234481
Source
Corcoran
Added: Feb 16 Updated: Jul 20 at 10:13PM Checked: Jul 21 at 5:37AM
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 COLDWELL BANKER CONROY, MARABLE & HOLLEMAN
Investment Insights
Based on property information with market context.
This for-sale office building offers approximately 4,930 square feet of flexible interior space. The layout includes 8 private offices, 2 conference rooms, and 2 multi-use or flex spaces, along with a kitchen/break room, a copier/file room, and multiple restrooms. The property is designed for privacy and functionality, with separate entrances to support different operating needs.
The building is located at 112 Center Ct in Clarksville, Tennessee, in the St. Bethlehem business corridor. Public remarks describe strong curb appeal with frontage and prominent presence, along with accessibility and visibility.
With several rooms that can support office and multi-tenant configurations, this property may suit owner-occupants or groups looking for a flexible floor plan with independent access points.
The building is located at 112 Center Ct in Clarksville, Tennessee, in the St. Bethlehem business corridor. Public remarks describe strong curb appeal with frontage and prominent presence, along with accessibility and visibility.
With several rooms that can support office and multi-tenant configurations, this property may suit owner-occupants or groups looking for a flexible floor plan with independent access points.
Key Highlights
- Freestanding office building built in 1999 with approx. 4,930 sq. ft.
- 8 private offices plus 2 conference rooms and 2 multi‑use/flex spaces (could be more office spaces).
- Kitchen/break room, copier/file room, and multiple restrooms for tenant and staff convenience.
Local Financial Insights For Healthcare Medical
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 | $94.7k | $19.20 |
| − Vacancy | −$5.7k | −$1.15 |
| EGI | $89.0k | $18.05 |
| − OpEx | −$35.6k | −$7.22 |
| NOI | $53.4k | $10.83 |
4,930 SF · lease $19.20/SF/yr · vacancy 6.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$762.7K
$667.3K – $889.8K
NOI $53,386 @ 7.0% cap · market cap 4.85%
Second Best
Office B
$646.5K
$565.7K – $754.3K
NOI $45,257 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$827.6K
$724.1K – $965.5K
NOI $57,929 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tennessee Title Services
Title Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding office building with multiple separate entrances, 8 private offices, conference rooms, flex spaces, and several restrooms.
Where is this office building located?
The property is located at 112 Center Ct Clarksville, TN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Freestanding office building built in 1999 with approx. 4,930 sq. ft.; 8 private offices plus 2 conference rooms and 2 multi‑use/flex spaces (could be more office spaces).; Kitchen/break room, copier/file room, and multiple restrooms for tenant and staff convenience.
