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    211 University Ave Clarksville, TN 37040

    For Sale
    $1,500,000

    High-traffic location, flexible space, great potential.

    Property size:
    5,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 5,400 square foot mixed-use property at 211 University Avenue in Clarksville, Tennessee presents a unique investment opportunity. Situated on a 0.44-acre lot, this building offers significant flexibility for a variety of commercial uses, including retail, office, or service-based businesses. The property is available for both sale at $1,500,000 and lease, providing options to suit diverse business needs. The current layout is adaptable and can be customized to meet specific operational requirements, with the possibility of a complete build-out to create a truly bespoke space. Its prime location in a high-traffic area of Clarksville ensures excellent visibility and accessibility, attracting a large customer base. Ample parking is available for the convenience of clients, customers, and employees. This property is ideally positioned within a thriving commercial district, offering substantial growth potential and the ability to adapt to evolving business demands. Whether seeking a strategic real estate acquisition or a flexible lease arrangement, this property represents a compelling investment in a dynamic Clarksville market.

    Property Features for 211 University Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,400 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1991
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery County, TN
    State
    Tennessee
    Longitude
    -87.35227
    Latitude
    36.52744

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, flexible space, great potential.
    Where is this mixed-use property located?
    The property is located at 211 University Ave Clarksville, TN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (931) 201-9694
    Request Owner's contact information
    211 University Ave Clarksville, TN 37040
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    Clarksville, TN 37040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    211 University Ave Clarksville, TN 37040
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