Flex Space with Office and
For Sale
Contact for pricing
1775 Alpine Dr, Clarksville, TN 37040
A fenced, gated property with M-1 zoning and a mix of office and shop areas.
Property Size4,970 SF
Lot Size0.50 Acres
Price / SF$1.66
Days on Market16
Property Features for 1775 Alpine Dr
General Information
Standard status
Active
Size
4,970 SF
Lot size
0.50 Acres
Property subtype
Warehouse
Zoning
M1
Additional Details
Fenced Yard
Yes
Office Build-Out
1,960 SF
Property Use
Flex Space
Amenities
break/conf room
Building Details
Year Built
1999
Buildings
1
Building Size
4,970 SF
Listing Agency:
Byers & Harvey Inc.
(931) 647-3501
Listed By:
Jason Daugherty · License #280619
(931) 320-0806
Source:
Movehomenashville
Added: Oct 15
Changed: Oct 30
Last Checked: Oct 30 at 1:54AM
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 Byers & Harvey Inc.
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Investment Insights
Based on property information with market context.
Built in 1999, this 4,970-square-foot flex property in Clarksville combines 1,960 square feet of office space with a 3,010-square-foot shop. The office layout includes an executive office with a private restroom, five additional offices, a waiting area, two restrooms, and a break or conference room. The shop has two 14-foot roll-up doors, a parts room, and a restroom.
The approximately 0.50-acre site is fenced, gated, and graveled. M-1 zoning allows multiple uses, and the centralized location provides access across the market area.
The approximately 0.50-acre site is fenced, gated, and graveled. M-1 zoning allows multiple uses, and the centralized location provides access across the market area.
Key Highlights
- 4,970‑square‑foot flex building, constructed in 1999
- Office area totals 1,960 square feet, with five offices, an executive office, waiting area, break/conference room, and two restrooms
- 3,010‑square‑foot shop includes two 14‑foot‑high roll‑up doors, a parts room, and a restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,182
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,640
$583.6K
Cap Rate 7%
$416,886
$416.9K
Cap Rate 9%
$324,244
$324.2K
Market Conditions
NOI Build-Up for 4,970 SF
Gross rent
$44.7K $9.00/SF
− Vacancy
−$3.0K −$0.61/SF
EGI
$41.7K $8.39/SF
− OpEx
−$12.5K −$2.52/SF
NOI
$29.2K $5.87/SF
Area
Clarksville, TN
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,640
Cap Rate 7%
$416,886
Cap Rate 9%
$324,244
Alternative Uses
Best Use
Warehouse
$506.2K
$442.9K – $590.6K
NOI $35,435 @ 7.0% cap · market cap 429.52%
Second Best
Flex RnD
$468.5K
$410.0K – $546.6K
NOI $32,796 @ 7.0% cap · market cap 397.53%
Theoretical Best
Office A
$834.3K
$730.0K – $973.3K
NOI $58,399 @ 7.0% cap · market cap 707.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37040, TN
60,382
Population
24,628
Households
2.5
Avg Household Size
31
Median Age
30%
College-Educated
94%
High-School Grad
92.8 sq mi
ZIP Area
651
Density / Sq Mi
$65,331
Median Household Income
$40,621
Median Earnings
$1,177
Median Rent
$242,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Five Star Breaktime Solutions- Clarksville — 1850 Business Park Dr, Clarksville, TN 37040
- Tai Catering — 1860 Wilma Rudolph Blvd, Clarksville, TN 37040
- American Foods Unlimited LLC — 1860 Wilma Rudolph Blvd #116, Clarksville, TN 37040
Frequently Asked Questions
What type of property is this?
Flex space - A fenced, gated property with M-1 zoning and a mix of office and shop areas.
Where is this flex space located?
The property is located at 1775 Alpine Dr Clarksville, TN.
What are key features of this property?
This property features: 4,970‑square‑foot flex building, constructed in 1999; Office area totals 1,960 square feet, with five offices, an executive office, waiting area, break/conference room, and two restrooms; 3,010‑square‑foot shop includes two 14‑foot‑high roll‑up doors, a parts room, and a restroom
