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Property profile & analytics
FOR SALE
Office buildings

107 N 3Rd St Clarksville, TN 37040

15,326 SF 0.18 ac lot Built 1900
Individually Owned 4-yr Hold Free & Clear
Property ID
US80-1550644
Property summary
AI-generated overview

This exceptional 10,709 square foot office building presents a unique investment opportunity in the vibrant heart of Clarksville, Tennessee's Central Business District. Located at 107 N 3rd St, 37040, this traditional office space boasts a highly desirable location within easy walking distance of government and legal offices, financial institutions, and a variety of restaurants and entertainment venues. The property offers 12 private offices, providing ample space for individual work or team collaboration. A dedicated conference room facilitates productive meetings, while a separate library offers a quiet space for focused work. The building also includes a welcoming reception area, a convenient supply room, and multiple areas designed for clerical work or open office layouts. A large space is available for meetings or seminars, and a dedicated file/storage area ensures efficient organization. Four restrooms are strategically located throughout the building for the convenience of occupants and visitors. This turnkey office space is ready for immediate occupancy and represents a compelling investment opportunity in a thriving downtown location. The asking price for this exceptional property is $1,650,000. This is a rare chance to acquire a well-established office building in a prime Clarksville location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 15,326 SF
Lot 0.18 ac (7,841 SF)
Zoning code CBD
APN 066G H 02400 000
UPID US80-1550644
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harvill Ross PLLC Law Firm
  • Hogan Cleo G Law Firm
  • Dale Michael W Law Firm
  • Ross R Mitchell Law Firm
  • Rudolph Ross Fendley Hogan Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.39M
Owner & transaction history
Mitchell Ross R · 4 yrs held
Mitchell Ross R
since 2022
2 recorded transactions
2022
Price N/A
1995
$200,695
Zoning & alternative use
CBD · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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