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    Property profile & analytics

    128 2nd St Clarksville, TN 37040-2400

    • Office buildings
    • 48,580 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $55,000
    Last Sale
    Mar 16, 2021
    $62,000
    Location Intelligence
    Property ID
    US80-2007268
    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

    • Regions Mortgage / Mortgage Lender
    • TMS Contracting, LLC / General Contractor
    • Ryan McFarland Law / Personal Injury Attorney / Criminal Justice Attorney
    • MSI Homes, LLC / Home Builder / Corporate Office
    • Matt Hardin Law: Car Accident & Injury Lawyers / Personal Injury Attorney / Law Firm

    Property Details for 128 2nd St

    Year built
    1957
    Construction
    FRAME
    Lot size
    0.97 lot acres
    Property size
    48,580 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    066G G 00400 000
    APU
    066GG00400000

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3598
    Latitude
    36.5284
    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
    $61,762
    $0.00
    $0.00
    $1,463,560
    -
    $765,800
    $2,893,100
    $3,658,900

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    128 2nd St
    Clarksville, TN 37040-2400
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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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