Financial
Distress signals
Property profile

1045 Progress Dr Clarksville, TN 37040

FOR LEASE
Manufacturing properties
Property ID
US80-1058632
20,000 SF 1.85 ac lot Built 2010
Last sale Mar 2010 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This steel-framed warehouse spans 20,000 square feet and is situated on a 1.87-acre lot. The property is zoned M-1 and features a 32-foot eave height. It includes two 14-foot grade-level loading doors and four 10-foot dock-level doors, along with a fenced lay-down area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$314k
Effective rate4.22%

Value estimate

· Sep 2026
$1.38M
$1.24M – $1.52M
CAP approach$1.81M
NOI build-up
Gross scheduled income$180k
Vacancy & credit loss−$12k
Operating expenses−$25k
NOI · 2,376,600.00% cap applied$143k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,376,600.00%
$143k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-1
M-1 - LIGHT INDUSTRIAL DISTRICT The M-1 Light Industrial District is established to provide areas in which the principal use of land is f...
General categoryINDUSTRIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Realty agency9.1
Tailor Shop8.7

Location

1045 Progress Dr Clarksville, TN 37040
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Smokestack, Clarksville, TN 37040 $4,000,000 Dec 2025 20,000 SF
500 Prt Royal, Clarksville, TN 37040-5438 $375,000 Mar 2023 24,356 SF
438 Kelly, Clarksville, TN 37040-3809 $841,000 Oct 2022 16,236 SF
575 International, Clarksville, TN 37040-5311 $296,225 Dec 2021 30,700 SF
1070 Progress, Clarksville, TN 37040-5329 $471,500 Aug 2021 16,000 SF
1150 Dunlop, Clarksville, TN 37040-9319 $2,017,500 Oct 2019 27,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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