Property summary
This exceptional 7,240 square foot office building, situated on a one-acre lot at 808 Kraft Street in Clarksville, Tennessee, presents a compelling investment opportunity. The property boasts high visibility and is located in a high-traffic area, ensuring excellent accessibility for tenants. The building's layout comprises approximately 4,840 square feet of upper-level space, divided into six suites, each measuring roughly 800 square feet. This provides flexibility for various business needs and potential for multiple income streams. In addition, a substantial 2,400 square feet of basement space is available, featuring a convenient roll-up door, ideal for storage or additional workspace. The building's prime location and the current scarcity of reasonably priced office suites in the area make this property well-positioned for strong rental income and potential market repositioning. The asking price for this income-producing asset is $1,155,000. This presents a rare chance to acquire a well-located, established office building in a thriving Clarksville submarket. The property's size, layout, and location combine to offer significant potential for both immediate income generation and long-term appreciation. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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Crisis Center Medical Clinic
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Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
M-1 - LIGHT INDUSTRIAL DISTRICT The M-1 Light Industrial District is established to provide areas in which the principal use of land is for light manufacturing and assembly plants, processing, storage, warehousing, whole…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Clarksville, TNM-1 - LIGHT INDUSTRIAL DISTRICT The M-1 Light Industrial District is established to provide areas in which the principal use of land is for light manufacturing and assembly plants, processing, storage, warehousing, whole…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
M-1 - LIGHT INDUSTRIAL DISTRICT The M-1 Light Industrial District is established to provide areas in which the principal use of land is for light manufacturing and assembly plants, processing, storage, warehousing, whole…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Clarksville, TN.
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