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Retail Suite in Landmark Building
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265 Dover Rd, Clarksville, TN 37042

A compact commercial space includes an open customer-facing area, a restroom, and rear mechanical and storage rooms.

Property Size750 SF
Price / SF$1.80
Days on Market26

Property Features for 265 Dover Rd

General Information

Standard status Active
Size 750 SF
Property subtype Retail
Listing Agency: Byers & Harvey Inc.
Listed By: Jason Daugherty · License #280619
Source: Movehomenashville
Added: Oct 5 Changed: Oct 29 Last Checked: Oct 29 at 2:33PM

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.

Rey
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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.

This 750-square-foot retail suite is arranged with an open front area measuring approximately 37 x 15 feet, plus one restroom and mechanical and storage space at the rear. The layout is suited to retail, personal services, or office use.

The property is at 265 Dover Rd in Clarksville, with access from Ft Campbell Blvd and Dover Rd. On-site parking and signage are also available.

Key Highlights

  • 750‑square‑foot suite
  • Open front area of approximately 37 x 15 feet
  • One restroom with rear mechanical and storage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,137
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,740 $142.7K
Cap Rate 7%
$101,957 $102.0K
Cap Rate 9%
$79,300 $79.3K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$10.8K $14.40/SF
− Vacancy
−$605 −$0.81/SF
EGI
$10.2K $13.59/SF
− OpEx
−$3.1K −$4.08/SF
NOI
$7.1K $9.52/SF
Area
Clarksville, TN
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,740
Cap Rate 7%
$101,957
Cap Rate 9%
$79,300

Alternative Uses

Best Use
Retail
$102.0K
$89.2K – $119.0K (±1% cap)
NOI $7,137 @ 7.0% cap · market cap 528.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$125.9K
$110.2K – $146.9K (±1% cap)
NOI $8,813 @ 7.0% cap · market cap 652.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

State Finance of Clarksville Loan Service

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Kitchen & Bath Showroom Garden Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby
209k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 41% Home Improvements & Furnishings 24% Shops & Services 23% Dining 13%
Rural King Home Improvements & Furnishings
45,986 visits/mo 0.4 miles
Kroger Groceries
41,316 visits/mo 0.2 miles
Walmart Neighborhood Market Groceries
34,089 visits/mo 0.2 miles
SONIC Drive In Dining
12,488 visits/mo 0.1 miles
Jack in the Box Dining
11,488 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A compact commercial space includes an open customer-facing area, a restroom, and rear mechanical and storage rooms.
Where is this retail space located?
The property is located at 265 Dover Rd Clarksville, TN.
What are key features of this property?
This property features: 750‑square‑foot suite; Open front area of approximately 37 x 15 feet; One restroom with rear mechanical and storage space
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Includes: Price & PSF · Cap rate · Location · Zoning

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