Property profile

1856 Memorial Dr Clarksville, TN 37043

OFF-MARKET
Medical Office Space
Property ID
US80-1772566
3,996 SF 0.8 ac lot Built 1979
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1979
Total area 3,996 SF
Lot 0.8 ac (34,848 SF)
Zoning code O-1
APN 065N J 02301 000
UPID US80-1772566

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

1856 Memorial Dr Clarksville, TN 37043-4603
Clarksville metro Census 100602 CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
$665k
Comparable Approach Comparable
$480k
Blend (final) Blend
$530k

Owner & transaction history

since 2024
Last sale
$530,000
2 recorded transactions
2024
$530,000
2019
Price N/A

Zoning & alternative use

O-1 · Clarksville, TN
Zoning description

The purpose of the O-1 Office District is to provide areas for general, professional and business offices and related activities at various scales and levels of intensity. These areas may provide neighborhood services im…

General category COMMERCIAL
Top alternative use upside
Office building $675,000 +12.9%
Retail stores $635,000 +5.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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