Property profile

128 2nd St Clarksville, TN 37040

OFF-MARKET
Office buildings
Property ID
US80-2007268
48,580 SF 0.97 ac lot Built 1957
Individually Owned Free & Clear
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Property summary

AI-generated overview

This three-story, 44,710 square foot Class B office building at 128 N 2nd St, Clarksville, TN 37040, offers multiple tenancy options. Originally Tennessee's first bank, this historically significant property has been thoughtfully updated to include modern technology while retaining its classic charm. The building boasts 75 parking spaces and elevators for convenient access. A modified gross lease includes common area maintenance and utilities (excluding internet). Security features such as keypad access and security cameras are in place. Located in the heart of downtown Clarksville, this property enjoys immediate proximity to a variety of restaurants, bars, and entertainment options, with further development underway in the surrounding area. One available space is currently listed at 227 sq ft. The building was constructed in 1957 and is situated in Montgomery County. This is a unique opportunity to lease space in a landmark building with a blend of historical significance and modern conveniences. The property is categorized as both Traditional and Creative Office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Construction FRAME
Total area 48,580 SF
Lot 0.97 ac (42,253 SF)
Zoning code CBD
APN 066G G 00400 000
UPID US80-2007268

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Construction Company General Contractor
  • Law Firm
  • Construction Company General Contractor
  • Law Firm

Location

128 2nd St Clarksville, TN 37040-2400
Clarksville metro Census 100100 CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2026
Last sale
$350,000
7 recorded transactions
2026
$350,000
2024
Price N/A
2021
$62,000
2021
Price N/A
2019
Price N/A
2019
Price N/A
2016
Price N/A

Zoning & alternative use

CBD · Clarksville, TN
Zoning description

CBD - CENTRAL BUSINESS DISTRICT The CBD Central Business District, with complementary office and related uses, forms the center for commercial, residential, financial, professional, governmental, and cultural activities.…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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