1214 College St Clarksville, TN 37040-4673
For Lease
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This exceptional 18,500-square-foot warehouse, located at 1214 College Street in Clarksville, Tennessee, presents a unique investment opportunity. Situated on a 1.21-acre lot in Montgomery County (zip code 37040), this single-tenant property boasts a prime location with excellent visibility. Built in 1947 and zoned M-2, the warehouse features a spacious open-span design with 32 skylights and suspended gas heating. The building offers convenient loading dock access on both the front and rear. The interior includes a showroom area, an office, and a bathroom. The property benefits from a brand-new roof installed in 2024. The high ceilings and vintage aesthetic create a unique character, while the building's strong structural integrity ensures long-term viability. Its central location near downtown Clarksville and Wilma Rudolph Boulevard provides easy access to major transportation routes. A 2023 Tennessee Department of Transportation (TDOT) daily traffic count of 17,600 vehicles underscores the high visibility and accessibility of this property. The owner is willing to consider dividing the space to accommodate multiple tenants. This versatile property offers endless possibilities for a variety of commercial uses.
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Clarksville Wholesale Warehouse Big Box & Wholesale Store
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The Courier Company Courier Service Postal Service
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Warehouse Forty One Furniture & Home Goods
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Vintage Goods Home Decor Store (Bike/Boat/Book/etc) Store
M-2 - GENERAL INDUSTRIAL DISTRICT The M-2 General Industrial District is established to provide areas in which the principal use of the land is for manufacturing, and other heavy industrial uses that could possibly have an adverse effect on surrounding property. Such uses are not properly associated with nor compatible with residential, institutional, retail…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Clarksville, TNM-2 - GENERAL INDUSTRIAL DISTRICT The M-2 General Industrial District is established to provide areas in which the principal use of the land is for manufacturing, and other heavy industrial uses that could possibly have an adverse effect on surrounding property. Such uses are not properly associated with nor compatible with residential, institutional, retail business, or light industrial uses. As such, these uses are intended to be confined to a specific location or area where their existence will not adversely affect surrounding uses. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.4 - LAND USE TABLES 3.4.1 EXPLANATION OF LAND USE TABLES The symbols shown below are utilized in the following land use tables in conjunction with the zone districts established by this Ordinance and the land uses associated with those districts. P - Permitted by right. These uses are permitted by right subject to compliance with all other applicable provisions of this Ordinance. PC - Permitted with conditions. These uses are permitted subject to compliance with Section 5.1 and with all other applicable provisions of this Ordinance. PR - Permitted on review. These uses are permitted subject to compliance with Section 5.2 and with all other applicable provisions of this Ordinance. A - Accessory uses. These uses are permitted subject to compliance with Section 5.3 and with all other applicable provisions of this Ordinance. 3.4.2 PROHIBITED USES A cell vacant of any of the symbols listed in Section 3.4.1 indicated that the listed use is prohibited within the corresponding zone district. 3.4.3 USES NOT LISTED IN TABLES The Building Official, in consultation with the Regional Planning Commission, is authorized to determine the appropriate placement of any new use or use not listed in the Land Use Table according to the most comparable land use classification established by this Ordinance.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.