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Property profile & analytics

221 2Nd St Clarksville, TN 37040

  • Office buildings
  • 3,285 SF
  • 0.19 lot acres
For Sale
Last Sale
Apr 24, 2025
$795,000
Value Estimations
Cap Rate Potential
4.2%
Office buildings
Location Intelligence
Property ID
US80-0326891
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.

Current Use by Public Records

  • Bill Aldred / Law Firm
  • Aldred Law Firm / Law Firm
  • Julie M. Reyes / Law Firm
  • Thompson Allan / Law Firm
  • Montgomery County Community / County Government Office

Property Details for 221 2Nd St

Year built
1969
Lot size
0.19 lot acres
Property size
3,285 SF
Zone code
CBD
Property type
Office buildings
APN
066K A 02600 000
APU
066KA02600000

Description

This exceptional 3,290 square foot office building is situated in the vibrant heart of Downtown Clarksville, Tennessee. Its prime location places it directly across from the Customs House Museum and a mere block from the courthouse, offering unparalleled visibility and convenience. The building is ideally suited for a law firm or other professional business requiring ample space, with the potential to accommodate four or more attorneys. The interior boasts multiple private offices, a spacious reception area, two dedicated paralegal offices, a formal conference room, a well-appointed administrative office, and a generously sized vaulted storage room. A convenient kitchen and additional offices for support staff are also included, along with two restrooms. The property provides approximately ten parking spaces, a significant advantage in a bustling downtown area. This location offers easy access to the new F&M Arena, the downtown park, and a variety of highly-rated restaurants, making it an exceptional opportunity to participate in Clarksville's exciting growth trajectory. The 0.19-acre lot ensures ample space for the building and its parking. This is a rare opportunity to acquire a well-established and highly desirable office building in a thriving downtown setting.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $765,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $535,000
    6.5%
    $495,000
    7%
    $460,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $444,000
    Market price range: $260k - $764k
    AI Estimate
    $444,000
    Market price range: $260k - $764k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $520,000
    Current use
    NEIGHBORHOOD: SHOPPING CENTER
    $830,000
    Change: +60% Conversion: Difficult
    WAREHOUSE, STORAGE
    $755,000
    Change: +45% Conversion: Difficult
    MEDICAL BUILDING
    $570,000
    Change: +9% Conversion: Easy
    RETAIL STORES
    $520,000
    Change: -0% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Clarksville
County
Montgomery
State
Tennessee
Longitude
-87.3578
Latitude
36.5256
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
$5,384
$0.00
$0.00
$127,600
-
$184,800
$134,200
$319,000
More about this property
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