Office
For Sale
Contact for pricing
159 Darlene Dr 130, Clarksville, TN 37042
A 2023-built workspace is about 12 minutes from central Clarksville and Austin Peay State University.
Property Size129 SF
Price / SF$4.65
Days on Market31
Property Features for 159 Darlene Dr 130
General Information
Standard status
Active
Size
129 SF
Property subtype
Office
Building Details
Year Built
2023
Listing Agency:
Keller Williams Realty Clarksville
(931) 648-8500
Listed By:
Jaime Wallace · License #322065
(931) 320-1358
Source:
Movehomenashville
Added: Sep 30
Changed: Oct 29
Last Checked: Oct 29 at 2:32PM
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 office unit at 159 Darlene Dr 130 in Clarksville was built in 2023. The space is presented for office and personal-service businesses, including insurance, massage therapy, esthetics, hair, nail, and lash services.
The property is approximately 12 minutes from the heart of Clarksville and Austin Peay State University.
The property is approximately 12 minutes from the heart of Clarksville and Austin Peay State University.
Key Highlights
- Built in 2023
- About 12 minutes from central Clarksville and Austin Peay State University
- Address: 159 Darlene Dr 130, Clarksville, TN 37042
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$23,680
$23.7K
Cap Rate 7%
$16,914
$16.9K
Cap Rate 9%
$13,156
$13.2K
Market Conditions
NOI Build-Up for 129 SF
Gross rent
$2.3K $18.00/SF
− Vacancy
−$743 −$5.76/SF
EGI
$1.6K $12.24/SF
− OpEx
−$395 −$3.06/SF
NOI
$1.2K $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%
$23,680
Cap Rate 7%
$16,914
Cap Rate 9%
$13,156
Alternative Uses
Best Use
Office B
$16.9K
$14.8K – $19.7K
NOI $1,184 @ 7.0% cap · market cap 197.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.7K
$19.0K – $25.3K
NOI $1,516 @ 7.0% cap · market cap 252.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A 2023-built workspace is about 12 minutes from central Clarksville and Austin Peay State University.
Where is this office unit located?
The property is located at 159 Darlene Dr 130 Clarksville, TN.
What are key features of this property?
This property features: Built in 2023; About 12 minutes from central Clarksville and Austin Peay State University; Address: 159 Darlene Dr 130, Clarksville, TN 37042
