Financial
Distress signals
Property profile

1214 College St Clarksville, TN 37040

FOR LEASE
Warehouses
Property ID
US80-1616761
16,786 SF 1.24 ac lot Built 1947
Last sale May 2018 · $625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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.…

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?
$6k
Tax billed · 2023
Assessed value$208k
Effective rate2.99%

Value estimate

· Sep 2026
$535k
$482k – $589k
Submarket $/SF estimate$1.16M
NOI build-up
Gross scheduled income$63k
Vacancy & credit loss−$4k
Operating expenses−$9k
NOI · 1,247.73% cap applied$50k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$230/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$45 – $363

Cap rate analysis

How does the asset earn?
1,247.73%
$50k 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-2
M-2 - GENERAL INDUSTRIAL DISTRICT The M-2 General Industrial District is established to provide areas in which the principal use of the l...
General categoryINDUSTRIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.7
Realty agency13.7
Pharmacy11.7

Location

1214 College St Clarksville, TN 37040
County assessor Recorded deeds · 9 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 · 15 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
560 Alfred Thun, Clarksville, TN 37040-5330 $4,200,000 Jul 2024 17,600 SF
630 Frosty Morn, Clarksville, TN 37040-3353 $600,000 May 2024 13,400 SF
1300 College, Clarksville, TN 37040-3326 $225,000 Feb 2023 18,943 SF
438 Kelly, Clarksville, TN 37040-3809 $841,000 Oct 2022 16,236 SF
651 Bradley, Clarksville, TN 37040-3987 $75,000 Feb 2022 17,000 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?”
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