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    Property profile & analytics

    116 2nd St Clarksville, TN 37040-3432

    • Office buildings
    • 7,068 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $835,000
    Last Sale
    Aug 17, 2021
    $750,000
    Location Intelligence
    Property ID
    US80-1215323
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Met Life / Insurance Agency
    • Morgan W Michael / Attorney
    • Townsend Psychological Services / Counselor
    • Solis Suznne L / Doctor / Professional Services
    • Peter Davenport / Handicapped Transportation Service / Home Health Care Service

    Property Details for 116 2nd St

    Year built
    1935
    Lot size
    0.49 lot acres
    Property size
    7,068 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    066G G 00500 000
    APU
    066GG00500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $855,000

    • CAP approach

      CAP return
      Estimation
      6%
      $760,000
      6.5%
      $830,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $660,000
      Geo Method
      $675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $735,000
      Retail
      $850,000
      Mixed-Use
      $675,000
      Hospitality
      $870,000
      Educational
      $760,000
      Residential Income
      $720,000
      Energy
      $895,000
      Income-Based Land
      $885,000
      Food Service
      $780,000

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3593
    Latitude
    36.5283
    CBSA code
    17300
    CBSA name
    CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,058
    $0.00
    $0.00
    $214,080
    -
    $387,000
    $148,200
    $535,200

    Comparable in this City

    • Value Estimation by Request
      1,665 SF

      508 Franklin St

      OFFICE BUILDING • 1,665 SF
      508 Franklin St, Clarksville, TN 37040-3426
      View Details
    • Value Estimation by Request
      2,284 SF

      1015 Madison St

      OFFICE BUILDING • 2,284 SF
      1015 Madison St, Clarksville, TN 37040-3546
      View Details
    • Value Estimation by Request
      4,814 SF

      93 Beaumont St

      OFFICE BUILDING • 4,814 SF
      93 Beaumont St, Clarksville, TN 37040-3217
      View Details
    • Value Estimation by Request
      1,680 SF

      1757 Jardco Dr

      OFFICE BUILDING • 1,680 SF
      1757 Jardco Dr, Clarksville, TN 37040-6773
      View Details
    • Value Estimation by Request
      2,447 SF

      350 Kraft St

      OFFICE BUILDING • 2,447 SF
      350 Kraft St, Clarksville, TN 37040-3006
      View Details
    • Value Estimation by Request
      11,314 SF

      420 Madison St

      OFFICE BUILDING • 11,314 SF
      420 Madison St, Clarksville, TN 37040-3610
      View Details

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    Similar Nearby for Lease

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      1,094 SF

      Downtown Retail/Office Space Available

      Centrally located retail/office space in downtown Clarksville, TN.
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    116 2nd St
    Clarksville, TN 37040-3432
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    Realmo Value Estimation

    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.

    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.

    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
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