2543 Madison StClarksville, TN 37043

  • Office properties
  • 6,840 SF
For Lease
$40.89/SF/YR View listing

Property Details for 2543 Madison St

Year built
2000
Lot size
1.08 AC
Property size (Sq ft)
6,840 SF
Zone code
C-5
Property type
Office properties
Property subtype
Office buildings
APN
081 04503 000
APU
8104503000

Description

This single-story, 6,480 square foot Class B office building, situated on 1.08 acres at 2543 Madison St, Clarksville, TN 37043, offers a variety of executive and traditional office spaces. Built in 2000 and renovated in 2020, the property boasts 9 suites, with 3,000 square feet currently vacant. Individual suites range from a minimum of 160 square feet to a maximum contiguous space of 3,000 square feet, providing flexibility for businesses of all sizes. The building features ample parking with 42 spaces and is conveniently zoned C-5. Utilities include power provided by CEMC. While elevators are not available, the single-story design ensures easy accessibility. Lease terms include a minimum of one year and encompass 24-hour key fob access, electricity, Wi-Fi, a shared waiting area, a conference room, a security alarm system, and restrooms. This exceptional location provides a professional environment with convenient amenities. Contact us today to discuss leasing options and updated availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,181,624
    6.5%
    $1,090,730
    7%
    $1,012,821
  • Comparable approach

    Method
    Valuation
    Relative Method
    $588,787
    Geo Method
    $588,787
  • Alternative Use

    Use
    Valuation
    Residential
    $1,352,505
    Hospitality
    $1,238,888
    Educational
    $1,030,740
    Medical
    $1,066,189
    Retail
    $1,603,373
2543 Madison St, Clarksville, Tennessee

Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.5066
Longitude
-87.263
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
$15,840
-
-
$375,360
-
$439,700
$498,700
$938,400

FAQs

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