588 Fire Station RdClarksville, TN 37043

Property Details for 588 Fire Station Rd

Year built

2020

Lot size

2.69 AC

Property size (Sq ft)

3,960 SF

Zone code

C-4

Property type

Retail properties

Property subtype

Strip malls

APN

063 07707 000

APU

6307707000

Description

This exceptional 3,600 square foot retail space at 588 Fire Station Rd in Sango, Tennessee presents a unique investment opportunity. Strategically located off I-24 and on M.L.K. Jr Parkway, this property benefits from high visibility and easy access. The building boasts a desirable end-unit location with attractive features including automatic sliding glass doors, abundant natural light, and a convenient drive-through window. The interior layout is well-designed for optimal functionality, featuring three private offices, a comfortable break room, and two restrooms. Flexible common areas allow for adaptable use to suit various business needs. This thriving Clarksville area, once farmland, now enjoys a strong reputation for business and family life. With a current population of 50,000 within a 5-mile radius, projected to increase by 10% in the next five years, this location offers significant growth potential. This property is an ideal choice for businesses seeking a prominent presence in a rapidly expanding community. The space is currently available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $1,005,624

  6.5%

  $928,269

  7%

  $861,964

• Comparable approach

  Method

  Valuation

  Relative Method

  $859,010

  Geo Method

  $859,010

• Alternative Use

  Use

  Valuation

  Residential

  $783,029

  Hospitality

  $717,251

  Educational

  $596,744

  Medical

  $617,267

  Retail

  $928,269

Location Insight

City

Clarksville

County

Montgomery

State

Tennessee

Latitude

36.5075

Longitude

-87.4525

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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