Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    676 Johnson St Clarksville, TN 37043

    • Office Units
    • 3,710 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0799744
    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

    • Lester's Chapel Baptist / Church

    Property Details for 676 Johnson St

    Year built
    1976
    Property size
    3,710 SF
    Property type
    Office Units
    Property subtype
    Mixed-use properties

    Description

    Super rare investment opportunity with endless possibilities. Recently updated with new roof, new windows, 2 new ac units, water heaters. Office/bedroom on main level with huge open space perfect for special events or large family gatherings, full bathroom with custom tile stand up shower, full kit ... chen, 4 additional rooms upstairs could be finished and made into income producing units. No deed restrictions, no HOA. County only taxes. Huge outdoor space out back with custom bbq pit. All appliances including fridge and tvs to convey with property. Professional pictures coming soon. Seller offer $20,000 in buyer concessions! Agent/Owner

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.17438
    Latitude
    36.63881

    Comparable in this City

    • $995,000
      3,056 SF

      Office Suites on Memorial Drive

      Three office suites with high visibility and income potential.
      1850 Memorial Dr, Clarksville, TN 37043
      View Details
    • Contact for pricing

      Commercial Land on Madison Street

      Prime commercial opportunity in high-traffic Clarksville location.
      2440 Madison St, Clarksville, TN 37043
      View Details
    • $350,000
      912 SF

      Professional Office Building For Sale

      912 SF office building with reception, offices, kitchen.
      1662 Golf Club Ln, Clarksville, TN 37043
      View Details
    • Contact for pricing

      7.4 Acres Development Opportunity

      7.4 acres of land for development at signalized intersection.
      Highway 41A, Clarksville, TN 37043
      View Details
    • $475,000

      Pad Ready Commercial Land

      Vacant commercial land with shared access to Highway 41A.
      3067 Highway 41A South, Clarksville, TN 37043
      View Details
    • Contact for pricing
      3,300 SF

      New Triplex in Country Setting

      Newly constructed triplex with income potential in a country setting.
      512 Edlin St, Clarksville, TN 37043
      View Details

    Similar Nearby for Sale

    • $995,000
      3,056 SF

      Office Suites on Memorial Drive

      Three office suites with high visibility and income potential.
      1850 Memorial Dr, Clarksville, TN 37043
      View Details
    • Contact for pricing

      Commercial Land on Madison Street

      Prime commercial opportunity in high-traffic Clarksville location.
      2440 Madison St, Clarksville, TN 37043
      View Details
    • $350,000
      912 SF

      Professional Office Building For Sale

      912 SF office building with reception, offices, kitchen.
      1662 Golf Club Ln, Clarksville, TN 37043
      View Details
    • Contact for pricing

      7.4 Acres Development Opportunity

      7.4 acres of land for development at signalized intersection.
      Highway 41A, Clarksville, TN 37043
      View Details
    • $475,000

      Pad Ready Commercial Land

      Vacant commercial land with shared access to Highway 41A.
      3067 Highway 41A South, Clarksville, TN 37043
      View Details
    • Contact for pricing
      3,300 SF

      New Triplex in Country Setting

      Newly constructed triplex with income potential in a country setting.
      512 Edlin St, Clarksville, TN 37043
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      2,400 SF

      Renovated Office Space Available

      Completely renovated office space with six offices for rent.
      127 S Richview Rd, Clarksville, TN 37043
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Retail and office spaces available for lease.
      447 Warfield Boulevard Ct, Clarksville, TN 37043
      View Details
    • $19 SF/Yr
      5,000 SF

      Office Space with Private Offices

      5,000 SF office space featuring private offices and open areas.
      2279 Raleigh Ct, Clarksville, TN 37043
      View Details
    • $26 SF/Yr
      597 SF

      Clarksville Office Space For Rent

      Low-rise office park with free surface parking in Clarksville, TN.
      211-237 Dunbar Cave Rd, Clarksville, TN 37043
      View Details
    • Contact for pricing
      2,200 SF

      Clarksville Office Space For Rent

      Office space available for immediate occupancy in Clarksville, Tennessee.
      1832 Memorial Dr, Clarksville, TN 37043
      View Details
    • Contact for pricing

      New Warehouse with Finished Offices

      8,000 Sq Ft warehouse with offices near I-24.
      1170 Dunlop Ln, Clarksville, TN 37043
      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.
    676 Johnson St
    Clarksville, TN 37043
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!