Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Space Available For Lease Title is generated by Realmo AI

    525-B Alfred Thun Rd. Clarksville Tennessee, Clarksville, TN 37040

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $10 SF/Yr $17,000/Mo (calc)

    Industrial space for lease with easy access to I-24.

    Type:Industrial
    Property size:
    20,400 SF
    Lot size:
    1.65 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    81
    Last Refresh:
    Apr 5 at 11:05 pm

    Property Features for 525-B Alfred Thun Rd. Clarksville Tennessee

    General Information

    Standard status
    Active
    Size
    20,400 SF
    Lot size
    1.65 Acres
    Property subtype
    Industrial

    Spaces For Lease

    at 525-B Alfred Thun Rd. Clarksville Tennessee Contact us

    We can help!

    Listing Contact
    Wayne Wilkinson, CCIM

    Listing agent Wayne Wilkinson, CCIM

    Listing office

    Listing date Mar 6, 2026

    Source Naiglobal

    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 Wayne Wilkinson, CCIM

    HighLights

    • Easy access to I‑24
    • 20,400 square feet (can be divided)
    • Zoned M‑1 (light industrial)
    • 20' eave height
    • Features 2- 14' overhead doors
    • Right side of the building is fully air conditioned

    Overview

    This industrial space is available for lease and is located in the Clarksville Montgomery County Corporate Business Park. The property has easy access to I-24. It features 20,400 square feet of space that can be divided. The lot size is 1.65 acres. The zoning is M-1 (light industrial). The property includes 2 overhead doors that are 14' high. The eave height is 20'. The right side of the building is fully air conditioned.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dunlop Storage Facility — 1136 Dunlop Ln, Clarksville, TN 37040

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.2712
    Latitude
    36.5908

    Nearby Similar for Lease

    • $1,800/Mo
      1,400 SF

      Commercial Space on Fort Campbell

      Commercial space suitable for salon or therapy business.
      1301 Fort Campbell Blvd Unit B, Clarksville, TN 37042
      View Details
    • $1,250/Mo
      800 SF

      Office Suite For Lease

      750 SF office space with ample parking included.
      30 Crossland Avenue, Unit 102B, Clarksville, TN 37040
      View Details
    • $2,420/Mo

      Retail Space on Ft Campbell

      Retail space available for rent on Ft Campbell Blvd.
      1925D Ft Campbell Blvd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      3,356 SF

      Medical Office Space For Lease

      Medical office suite available in Weatherly Professional Park.
      800 Weatherly Drive , Clarksville, Tennessee 37043
      View Details
    • $2,640/Mo

      Retail Space on Ft Campbell

      Retail space available at the Northside Center.
      3441 Ft Campbell Blvd, Clarksville, TN 37042
      View Details
    • $2,750/Mo

      Retail Space in Clarksville

      Retail space available for lease in Clarksville, Tennessee.
      381 Hwy 149, Clarksville, TN 37040
      View Details
    • $3,500/Mo

      Retail Space For Rent

      Retail space available for lease in Clarksville, Tennessee.
      1379F Ashland City Rd, Clarksville, TN 37040
      View Details
    • $700/Mo

      Retail Space For Rent

      Retail space available for rent on Riverside Drive.
      1017 S Riverside Dr Suite 235, Clarksville, TN 37040
      View Details
    • $20 SF/Yr
      1,200 SF

      Retail Space on Fort Campbell

      Retail space available for lease on Fort Campbell Blvd.
      2033 Fort Campbell Blvd, Clarksville, TN
      View Details
    • $25 SF/Yr
      36,000 SF

      Retail Space For Rent

      36,000 SF retail space available for lease.
      447 - 449 Warfield Boulevard, Clarksville, TN 37043
      View Details
    • $17 SF/Yr
      3,725 SF

      Flex Space Available For Rent

      3,725 +/- sq ft flex space available for rent.
      1800 Ashland City Road Suite D, Clarksville, TN 37043
      View Details
    • $2,000/Mo

      Retail Space For Rent

      Retail space available for lease at $2,000 per month.
      230 Dover Rd Suite M, Clarksville, TN 37042
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial space for lease with easy access to I-24.
    Where is this warehouse located?
    The property is located at 525-B Alfred Thun Rd. Clarksville Tennessee Clarksville, TN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Easy access to I‑24; 20,400 square feet (can be divided); Zoned M‑1 (light industrial)
    (931) 648-4700
    We can help!
    Listing Contact
    Wayne Wilkinson, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    525-B Alfred Thun Rd., Clarksville, Tennessee, Clarksville, TN 37040
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!