Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    159 Darlene Dr Clarksville, TN 37042
    Back to Search
    Property profile & analytics

    159 Darlene Dr Clarksville, TN 37042

    View on Map
    • Office Units
    • 170 SF
    Off-Market
    Property ID
    US80-2599094
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Savages Barber Co. / Barber Shop
    • another tattoo studio / Tattoo & Piercing Shop
    • Anago of Clarksville / Commercial Cleaning Service
    • Fred’s Tattooine Lounge - FTL Tattoo Studio / Tattoo & Piercing Shop

    Property Details for 159 Darlene Dr

    Year built
    2023
    Property size
    170 SF
    Property type
    Office Units
    Property subtype
    Coworking space

    Description

    This exceptional Class A office property at 159 Darlene Dr, Clarksville, TN 37042, offers a unique blend of coworking, traditional, and creative office spaces. Situated on a spacious 1.32-acre lot, this 2023-built complex comprises two single-story buildings totaling 170 square feet. Currently, there is 1 square foot of vacant space available, with several suites ranging from 132 to 156 square feet. The property is zoned for commercial use and boasts a convenient location just 12 minutes from downtown Clarksville and Austin Peay University. Ideal for a variety of businesses, from small startups to established enterprises, this property offers a turnkey solution with all utilities included in the rental price. Note that a $50 monthly surcharge applies for water usage if a salon bowl is required. The property's modern design and amenities make it an attractive option for businesses seeking a professional and efficient workspace. Multiple tenancy options are available, catering to diverse business needs. This is a rare opportunity to secure space in a brand-new, high-quality office building in a thriving Clarksville location. Inquire today to learn more about available spaces and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.402844112555
    Latitude
    36.550439326674

    Comparable in this City

    • Contact for pricing

      Modern Building on High-Traffic Road

      Modern building with signage opportunities on high-traffic Tiny Town Rd.
      2029 Tiny Town Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,430 SF

      Clarksville Office Space For Rent

      Office space featuring reception, offices, open area, and breakroom.
      130 Alfredo Dr, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,580 SF

      Clarksville Office Space For Rent

      Office space featuring reception, five private offices, and break room.
      130 Alfredo Dr, Clarksville, TN 37042
      View Details
    • $700 /Mo
      142 SF

      Modern Office Space For Rent

      New commercial building with modern design and luxurious touches.
      3400 Sandpiper Dr, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,284 SF

      Spacious Office with Unique Features

      Office space featuring open layout, basement, and multiple rooms.
      1313 Fort Campbell Blvd, Clarksville, TN 37042
      View Details
    • $20 SF/Yr
      7,880 SF

      Office and Warehouse Space Available

      Office and warehouse space for lease with utilities included.
      2721 Fort Campbell Blvd, Clarksville, TN 37042
      View Details

    Similar Nearby for Sale

    • $550,000

      High-Visibility Office/Retail Space For Sale

      C-5 zoned office/retail space with high traffic volume.
      1 East Bel Air Blvd, Clarksville, TN 37042
      View Details
    • $525,000
      2,120 SF

      High-Visibility Clarksville Office Building

      Prime Office Space, High Traffic, Value-Add Potential
      1 Bel Air Blvd, Clarksville, TN 37042
      View Details
    • Contact for pricing

      Clarksville Land Parcel For Sale

      12 acres of commercial land zoned C-4, I-24 Exit 1.
      Trenton Rd & Tylertown Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Clarksville, Tennessee.
      Tiny Town Rd, Clarksville, TN 37042
      View Details
    • $700,000

      Commercial Land with High Potential

      Level lot with high traffic, utilities, and commercial potential.
      534 Dover Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      5,915 SF

      New Wawa with 20-Year Lease

      New construction Wawa with 20-year NNN lease in Clarksville.
      1290 Parkway Pl, Clarksville, TN 37042
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Building on High-Traffic Road

      Modern building with signage opportunities on high-traffic Tiny Town Rd.
      2029 Tiny Town Rd, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,430 SF

      Clarksville Office Space For Rent

      Office space featuring reception, offices, open area, and breakroom.
      130 Alfredo Dr, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,580 SF

      Clarksville Office Space For Rent

      Office space featuring reception, five private offices, and break room.
      130 Alfredo Dr, Clarksville, TN 37042
      View Details
    • $700 /Mo
      142 SF

      Modern Office Space For Rent

      New commercial building with modern design and luxurious touches.
      3400 Sandpiper Dr, Clarksville, TN 37042
      View Details
    • Contact for pricing
      1,284 SF

      Spacious Office with Unique Features

      Office space featuring open layout, basement, and multiple rooms.
      1313 Fort Campbell Blvd, Clarksville, TN 37042
      View Details
    • $20 SF/Yr
      7,880 SF

      Office and Warehouse Space Available

      Office and warehouse space for lease with utilities included.
      2721 Fort Campbell Blvd, Clarksville, TN 37042
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    159 Darlene Dr
    Clarksville, TN 37042
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    159 Darlene Dr, Clarksville, TN, 37042
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!