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Property profile & analytics
OFF-MARKET
Office buildings

128 2nd St Clarksville, TN 37040-2400

48,580 SF 0.97 ac lot Built 1957
Individually Owned Free & Clear
Property ID
US80-2007268
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Regions Mortgage Loan Service Bank
  • TMS Contracting, LLC Construction Company General Contractor
  • Ryan McFarland Law Law Firm
  • MSI Homes, LLC Construction Company General Contractor
  • Matt Hardin Law: Car Accident & Injury Lawyers Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wallace Burchett
Wallace Burchett
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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