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    1811 Memorial Cir Clarksville, TN 37043-4539
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    Property profile & analytics

    1811 Memorial Cir, Clarksville, TN 37043-4539

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    • Office buildings
    • 6,480 SF
    • 0.43 lot acres
    Off-Market
    Last Sale May 2, 2023
    $950,000
    Property ID
    US80-1295715
    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
    $945,000
    Show details
    Cap Rate Potential
    6.2%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • FedEx Drop Box / Postal Service / Courier Service
    • Keri Lovato, Southbound Insurance Agency, LLC / Insurance Agency
    • Healing Hearts, LLC / Crisis Center / Medical Clinic
    • Kenneth W. Jackson, APRN / Physician
    • Real Estate Runner and Mobile Notary Public / Law Firm

    Property Details for 1811 Memorial Cir

    Year built
    1972
    Lot size
    0.43 lot acres
    Zone code
    O-1
    Property type
    Office buildings
    APN
    080B B 01600 000
    APU
    080BB01600000

    Description

    This exceptional Clarksville, TN office property at 1811 Memorial Cir, zip code 37043, offers a unique opportunity for businesses seeking flexible and fully-equipped workspace. The 1,930 square foot space features five to seven individual suites, perfect for companies needing separate offices while also benefiting from shared amenities. A full kitchen and two bathrooms (one with a shower) are included, enhancing convenience and comfort for tenants. The property boasts a thoughtfully designed layout, incorporating a flex space/common area ideal for collaboration or additional workspace. Tenancy is multiple, allowing for diverse business occupancy. Enjoy the added benefit of 24/7 keyless entry, eliminating the need for traditional key management. All utilities, high-speed internet, weekly cleaning, and pest control are included in the rental rate, minimizing operational overhead. This exceptional location offers easy access to a variety of restaurants and shopping options, and is just minutes from downtown Clarksville, providing excellent accessibility and visibility. This is an ideal solution for businesses seeking a blend of individual privacy and shared collaborative space. The property is a traditional office building, offering a professional and established environment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,030,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,060,000
      6.5%
      $975,000
      7%
      $905,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $938,000
      Market price range: $623k - $1.44M
      AI Estimate
      $938,000
      Market price range: $623k - $1.44M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,095,000
      Current use
      WAREHOUSE, STORAGE
      $1,490,000
      Change: +36% Conversion: Difficult
      RETAIL STORES
      $1,025,000
      Change: -6% Conversion: Moderate
      MEDICAL BUILDING
      $970,000
      Change: -11% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3104
    Latitude
    36.5154
    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
    $3,019
    $0.00
    $0.00
    $245,480
    -
    $140,600
    $473,100
    $613,700
    More about this property
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