211 University AveClarksville, TN 37040

Property Details for 211 University Ave

Year built

1991

Construction

FRAME

Lot size

0.44 AC

Property size (Sq ft)

3,600 SF

Zone code

CBD

Property type

Office buildings

APN

066K B 00600 000

APU

066KB00600000

Description

This exceptional 5,400 square foot commercial property at 211 University Avenue in Clarksville, Tennessee, presents a unique opportunity for businesses seeking a prime location. Currently vacant, this single-tenant space offers unparalleled flexibility for a variety of uses, including retail, office, or service-based businesses. The entire 5,400 square feet is available for immediate occupancy, allowing for a complete custom build-out to perfectly suit your operational needs. Located in Montgomery County, this property boasts excellent visibility and accessibility due to its position in a high-traffic area of Clarksville. Ample parking is readily available for customers and employees, ensuring convenient access. The property's location within a thriving commercial district offers significant growth potential and the adaptability to accommodate diverse business models. Whether you are interested in purchasing this prime real estate or leasing the space with the option for a customized build-out, 211 University Avenue offers a compelling investment or operational opportunity in a dynamic Clarksville market. The property is situated at 211 University Ave, Clarksville, TN 37040.

• CAP approach

  CAP return

  Valuation

  6%

  $621,907

  6.5%

  $574,068

  7%

  $533,064

• Comparable approach

  Method

  Valuation

  Relative Method

  $309,888

  Geo Method

  $309,888

• Alternative Use

  Use

  Valuation

  Residential

  $711,845

  Hospitality

  $652,046

  Educational

  $542,495

  Medical

  $561,152

  Retail

  $843,881

Location Insight

City

Clarksville

County

Montgomery

State

Tennessee

Latitude

36.5271

Longitude

-87.3521

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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