131 Kraft St Clarksville, TN 37040-3001
This 2,000 square foot single-tenant office space is situated on a 0.51-acre lot in Montgomery County. Built in 1980, this one-story building offers a flexible layout ideal for a variety of businesses. The majority of the space is open floor plan, perfect for a showroom, light warehousing, or distribution center. In addition to the open area, the property includes a private office, a small storage room, and a restroom. Large double glass doors facilitate easy movement of materials. The property is zoned M2, providing flexibility for various commercial uses. This is a gross lease, with the landlord covering electricity and water costs. Tenants have the option to complete tenant improvements, such as painting and flooring, at their own expense. Please note that the rear warehouse area is not included in this lease; only the front portion of the building is available. This property presents a fantastic opportunity in a well-established commercial area.
M-2 - GENERAL INDUSTRIAL DISTRICT The M-2 General Industrial District is established to provide areas in which the principal use of the land is for manufacturing, and other heavy industrial uses that could possibly have an adverse effect on surrounding property. Such uses are not properly associated with nor compatible with residential, institutional, retail…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Clarksville, TNM-2 - GENERAL INDUSTRIAL DISTRICT The M-2 General Industrial District is established to provide areas in which the principal use of the land is for manufacturing, and other heavy industrial uses that could possibly have an adverse effect on surrounding property. Such uses are not properly associated with nor compatible with residential, institutional, retail business, or light industrial uses. As such, these uses are intended to be confined to a specific location or area where their existence will not adversely affect surrounding uses. (Ord. No. 137-2021-22, 7-7-2022) Editor's note- See editor's note, § 3.3.6. 3.4 - LAND USE TABLES 3.4.1 EXPLANATION OF LAND USE TABLES The symbols shown below are utilized in the following land use tables in conjunction with the zone districts established by this Ordinance and the land uses associated with those districts. P - Permitted by right. These uses are permitted by right subject to compliance with all other applicable provisions of this Ordinance. PC - Permitted with conditions. These uses are permitted subject to compliance with Section 5.1 and with all other applicable provisions of this Ordinance. PR - Permitted on review. These uses are permitted subject to compliance with Section 5.2 and with all other applicable provisions of this Ordinance. A - Accessory uses. These uses are permitted subject to compliance with Section 5.3 and with all other applicable provisions of this Ordinance. 3.4.2 PROHIBITED USES A cell vacant of any of the symbols listed in Section 3.4.1 indicated that the listed use is prohibited within the corresponding zone district. 3.4.3 USES NOT LISTED IN TABLES The Building Official, in consultation with the Regional Planning Commission, is authorized to determine the appropriate placement of any new use or use not listed in the Land Use Table according to the most comparable land use classification established by this Ordinance.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
