Office Units with Shared
For Sale
Contact for pricing
130 Hillcrest Dr 107, Clarksville, TN 37043
Updated workspace includes a conference room, break area, waiting area, and restrooms.
Property Size195 SF
Price / SF$3.33
Days on Market31
Property Features for 130 Hillcrest Dr 107
General Information
Standard status
Active
Size
195 SF
Property subtype
Office
Additional Details
Condition
Newly Renovated
Property Use
Office
Amenities
conference room
break room
waiting area
bathrooms
Building Details
Buildings
1
Stories
2
Listing Agency:
My Place Realty & Management
Listed By:
Ben Stanley · License #288121
(931) 591-3216
Source:
Movehomenashville
Added: Sep 30
Changed: Oct 30
Last Checked: Oct 29 at 2:31PM
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 My Place Realty & Management
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office units are available in a recently remodeled building with shared conference, break, and waiting areas. Restrooms are located on both floors.
At 130 Hillcrest Dr, the property sits just off Madison St in a Clarksville business district with businesses and restaurants nearby.
At 130 Hillcrest Dr, the property sits just off Madison St in a Clarksville business district with businesses and restaurants nearby.
Key Highlights
- Shared conference room, break area, and waiting space
- Restrooms on both floors
- 130 Hillcrest Dr, just off Madison St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,790
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,800
$35.8K
Cap Rate 7%
$25,571
$25.6K
Cap Rate 9%
$19,889
$19.9K
Market Conditions
NOI Build-Up for 195 SF
Gross rent
$3.5K $18.00/SF
− Vacancy
−$1.1K −$5.76/SF
EGI
$2.4K $12.24/SF
− OpEx
−$597 −$3.06/SF
NOI
$1.8K $9.18/SF
Area
Clarksville, TN
Vacancy
32.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,800
Cap Rate 7%
$25,571
Cap Rate 9%
$19,889
Alternative Uses
Best Use
Office B
$25.6K
$22.4K – $29.8K
NOI $1,790 @ 7.0% cap · market cap 275.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$32.7K
$28.6K – $38.2K
NOI $2,291 @ 7.0% cap · market cap 352.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,010
Businesses Nearby
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Business Placement
Demographics for 37043, TN
52,792
Population
22,221
Households
2.4
Avg Household Size
37
Median Age
43%
College-Educated
97%
High-School Grad
108.5 sq mi
ZIP Area
487
Density / Sq Mi
$91,871
Median Household Income
$46,602
Median Earnings
$1,208
Median Rent
$325,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Updated workspace includes a conference room, break area, waiting area, and restrooms.
Where is this office unit located?
The property is located at 130 Hillcrest Dr 107 Clarksville, TN.
What are key features of this property?
This property features: Shared conference room, break area, and waiting space; Restrooms on both floors; 130 Hillcrest Dr, just off Madison St
