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Property profile & analytics
OFF-MARKET Estimated value $915,000
Strip malls

1289 Northfield Dr Clarksville, TN 37040-5791

2,440 SF 0.94 ac lot Built 2006
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US80-1053921
Property summary
AI-generated overview

This exceptional 4,025 square foot office space at 1289 Northfield Dr, Ste 3, is ready for immediate occupancy. Located in Montgomery County, this two-story building offers a well-appointed layout perfect for a variety of businesses. The first floor boasts a welcoming waiting and reception area, four private offices, a multi-desk workspace, two restrooms, and a convenient break room. Upstairs, seven additional offices provide ample space for staff and operations, complemented by a large conference/training room, two restrooms, and another break room. The property is zoned C4 and benefits from a high-traffic, high-visibility location with excellent signage opportunities. Ample parking is available both in front and at the rear of the building. Lease terms are modified gross, with the owner covering real estate taxes, insurance, and exterior maintenance. The tenant is responsible for all other operating costs. This turnkey solution offers immediate access to a functional and well-designed office environment, eliminating the need for extensive build-out and allowing businesses to focus on their core operations. The property's strategic location and comprehensive amenities make it an ideal choice for businesses seeking a productive and convenient workspace.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 2,440 SF
Lot 0.94 ac (40,946 SF)
Zoning code C-4
APN 017B A 00300 000
UPID US80-1053921
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
  • Clarksville Fence Works General Contractor Construction Company
  • Cornerstone Information System Tech Support Center IT Consulting Firm
  • Michael Freemyer - State Farm Insurance Agent Insurance Agency
  • The Kingdome Barbershop Barber Shop
  • Clarksville Homebuyers, Inc. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$917k
Blend (final) Blend
$915k
Owner & transaction history
Yeon K Nam · 10 yrs held
Yeon K Nam
since 2016
6 recorded transactions
2016
$1.1M
2007
Price N/A
2006
$357,175
2004
$2,825
1989
$250,000
1969
Price N/A
Zoning & alternative use
C-4 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-4 - HIGHWAY INTERCHANGE DISTRICT The C-4 Highway Interchange District is designed to provide highway-oriented services at interstate highway interchanges, while avoiding traffic conflicts and incompatible land use mixtures often associated with this type of commercial development. The regulations for this district are intended to encourage development comp…

Zone name Highway Interchange District
General category COMMERCIAL
Zone area 825.80 ac
Source zoning ordinance
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