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255 Needmore Rd Clarksville, TN 37040

OFF-MARKET Warehouses Google Maps
1.52 ac lot Built 2024
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 8,000 square foot warehouse and manufacturing building is currently under construction and projected for completion on October 15, 2024. Situated on a 1.52-acre lot in Montgomery County, this single-tenant property offers a prime location for industrial operations. The building features 6,500 square feet of warehouse space with impressive 22-foot eave heights, enhancing storage and operational efficiency. Access is provided by two 14-foot ground-level roll-up doors and two 8-foot dock-high doors, ensuring seamless loading and unloading. Heating is provided by a hanging gas system. The landlord will complete 1,500 square feet of office space at their expense, with the specific design and finishes negotiable. Ample parking is available with 27 spaces on-site. The property is zoned M-3. Lease terms are absolute NNN, with the tenant responsible for all property expenses except roof and exterior structure maintenance. A minimum five-year lease term is required. This presents a unique opportunity to secure a brand-new, modern warehouse in a desirable location.

Property profile

Verified
Property type Warehouses
Year built 2024
Lot 1.52 ac (66,211 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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