123 Ctr Pointe Dr Clarksville, TN 37040-8665
Property profile & analytics
123 Ctr Pointe Dr Clarksville, TN 37040-8665
- Medical Office Space
- 4,981 SF
- 1.73 lot acres
Property ID
US80-0344285
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.
Location Intelligence
Current Use by Public Records
- Finlay Christopher MD / Physician
- Centennial Heart At Clrksvll / Medical Clinic
- West Michael S MD / Physician
- FedEx Drop Box / Shipping Company / Freight Service
Property Details for 123 Ctr Pointe Dr
- Year built
- 2006
- Lot size
- 1.73 lot acres
- Property size
- 4,981 SF
- Zone code
- C-5
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 041K E 01200 000
- APU
- 041KE01200000
Description
This exceptional investment opportunity presents a single-story, 4,981 square foot office building located at 123 Center Pointe Drive, Clarksville, Tennessee, 37040. Built in 2006, the property boasts a strong net operating income (NOI) of $85,588. Currently configured as a two-tenant building, it sits on a generous 1.74-acre lot within the Montgomery County submarket, providing ample space and 18 surface parking spots. The building's layout includes two distinct spaces: a 2,490 square foot area with a lease expiration date of May 31, 2026, and another 2,490 square foot area with a lease expiration date of March 31, 2025. This versatile property is suitable for traditional office use or medical office applications, offering significant potential for future growth and return on investment. The asking price for this well-maintained property is $1,500,000. This presents a rare opportunity to acquire a profitable and well-located commercial property in a thriving Clarksville market. The property's strong tenant base and substantial lot size contribute to its overall value and appeal. Don't miss this chance to secure a prime commercial investment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,105,000
- AI Estimate
- $1,105,000
Market price range: $598k - $1.25MMarket price range: $598k - $1.25M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $865,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,260,000 Change: +46% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,145,000 Change: +32% Conversion: Difficult
- OFFICE BUILDING
- $790,000 Change: -9% Conversion: Easy
- RETAIL STORES
- $790,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.308
- Latitude
- 36.5704
- 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
$16,369
$0.00
$0.00
$387,880
-
$146,500
$823,200
$969,700
