1348 Fort Campbell BlvdClarksville, TN 37042

Property Details for 1348 Fort Campbell Blvd

Year built

1970

Construction

FRAME

Lot size

0.65 AC

Property size (Sq ft)

2,850 SF

Zone code

C-5

Property type

Retail properties

Property subtype

Bars

APN

043N M 00201 000

APU

043NM00201000

Description

This exceptional 3,000 square foot retail property, situated on a 0.65-acre corner lot at 1348 Fort Campbell Boulevard in Clarksville, Tennessee, presents a compelling investment opportunity. Boasting a highly desirable location near shopping centers, other retail establishments, and Fort Campbell, this property benefits from exceptional visibility and high traffic counts exceeding 34,000 vehicles daily. The property is zoned C5, maximizing its potential for a variety of commercial uses. Currently occupied by a long-term tenant under a lease with four years remaining, this turnkey operation offers a stable and predictable income stream with minimal management demands. The strong lease provides a low-risk investment profile, further enhanced by Clarksville's robust economy and growing population, creating a solid foundation for long-term appreciation. This property is an ideal choice for investors seeking a hassle-free, high-return investment with significant upside potential. The substantial lot size also offers future expansion possibilities. This is a rare opportunity to acquire a prime retail property in a thriving market. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $723,745

  6.5%

  $668,072

  7%

  $620,353

• Comparable approach

  Method

  Valuation

  Relative Method

  $618,227

  Geo Method

  $618,227

• Alternative Use

  Use

  Valuation

  Residential

  $563,544

  Hospitality

  $516,203

  Educational

  $429,475

  Medical

  $444,245

  Retail

  $668,072

Location Insight

City

Clarksville

County

Montgomery

State

Tennessee

Latitude

36.5621

Longitude

-87.4016

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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