110 Franklin StClarksville, TN 37040

Property Details for 110 Franklin St

Year built

1900

Lot size

0.16 AC

Property size (Sq ft)

19,434 SF

Zone code

CBD

Property type

Office buildings

APN

066G K 00500 000

APU

066GK00500000

Description

This three-story, 19,810+/- square foot retail building, located at 110 Franklin St in Clarksville, TN, presents a compelling investment opportunity. The property sits on a 6,970+/- square foot lot (0.16 acres) and features eight suites, partially leased with long-term tenants. Recent improvements include a new roof and HVAC system. The building also boasts an elevator with an operating permit extending to January 31, 2025, convenient Franklin Street frontage, and rear access. The lower level encompasses 5,845+/- square feet with three unoccupied suites, one of which has alley access. The ground level, also 5,845+/- square feet, houses two occupied suites

• CAP approach

  CAP return

  Valuation

  6%

  $3,357,264

  6.5%

  $3,099,013

  7%

  $2,877,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,672,879

  Geo Method

  $1,672,879

• Alternative Use

  Use

  Valuation

  Residential

  $3,842,776

  Hospitality

  $3,519,962

  Educational

  $2,928,567

  Medical

  $3,029,285

  Retail

  $4,555,548

Location Insight

City

Clarksville

County

Montgomery

State

Tennessee

Latitude

36.5271

Longitude

-87.3597

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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