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    1979 Madison St Clarksville, TN 37043

    Sponsored
    For Lease
    $2 SF/Yr

    Prime Madison St. Commercial Lot

    Lot size:
    27,135 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    327
    This exceptional 0.63-acre commercial land parcel, totaling 27,135 square feet, presents a unique investment opportunity. Located on the bustling Madison Street retail corridor, this property is zoned C-5 Highway and Arterial Commercial District, allowing for a wide range of development possibilities. The site boasts high visibility and significant traffic counts, with an average daily traffic count of 23,917 vehicles. Currently, the site is a ground lease only, with any existing structures slated for demolition, providing a blank canvas for a new development. The strategic location directly across the street from a 24-hour Walgreens ensures high foot traffic and convenient access for potential customers. This prime location offers unparalleled potential for businesses seeking high visibility and accessibility in a thriving commercial area. The substantial lot size provides ample space for a variety of commercial ventures, making it an ideal opportunity for developers and investors seeking a high-impact location. The C-5 zoning designation opens doors to a diverse range of commercial uses, ensuring flexibility and maximizing potential return on investment. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime retail location. This property is for lease.

    Property Features for 1979 Madison St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,135 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    27,135 SF
    Rate per SF
    $2

    HighLights

    • Ground lease opportunity; existing building to be demolished.
    • C‑5 Highway and Arterial Commercial District zoning.
    • Madison Street retail corridor location.
    • Across the street from a 24‑hour Walgreens.
    • High traffic count: 23,917 cars per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Oneal's Bar & Grill Bar & Grill

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.2948018
    Latitude
    36.5141541

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    FAQs

    What type of property is this?
    Land - Prime Madison St. Commercial Lot
    Where is this land located?
    The property is located at 1979 Madison St Clarksville, TN.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Ground lease opportunity; existing building to be demolished.; C-5 Highway and Arterial Commercial District zoning.; Madison Street retail corridor location.
    Request Owner's contact information
    1979 Madison St Clarksville, TN 37043
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    Clarksville, TN 37043
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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
    1979 Madison St Clarksville, TN 37043
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