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    Parkway Pl Clarksville, TN 37042

    For Sale
    $4,773,489

    Recently completed Wawa with long-term lease and strong demographics.

    Property size:
    5,915 SF
    Lot size:
    2.83 Acres

    Property Features for Parkway Pl

    General Information

    Size
    5,915 SF
    Lot size
    2.83 Acres

    Source: Matthews Real Estate Investment Services - Corporate Agent Clay Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Wawa For Sale

    This recently completed, modern construction property is available for sale. The building offers 5,915 square feet of space on a lot spanning approximately 2.8 acres. The property benefits from a corporately signed lease with 20 years remaining. It is located at a hard signalized corner between 101st Airborne Parkway and Parkway Place, benefiting from excellent visibility and access. The location is surrounded by strong daily traffic, with over approximately 39,520 vehicles per day along 101st Airborne Parkway, a primary commercial corridor in Clarksville, TN. The property benefits from a substantial customer base, with approximately 116,267 residents within a 5-mile radius in Clarksville, TN. The surrounding area has strong local demographics, with an average household income of $64,924 within a 1-mile radius. The 5-mile population is estimated to grow over 3.5% annually in the next 5 years.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3951799
    Latitude
    36.5848474

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    FAQs

    What type of property is this?
    Grocery and convenience store - Recently completed Wawa with long-term lease and strong demographics.
    Where is this grocery and convenience store located?
    The property is located at Parkway Pl Clarksville, TN.
    What is the asking price?
    The asking price for this property is $4,773,489.
    What are key features of this property?
    This property features: - Long-Term Stability – 20 years remaining on a corporately signed lease.; - Strong National Brand – Wawa Inc. is a highly recognized and trusted convenience and foodservice chain.; - Excellent Visibility & Access – **High traffic location with over ±39,520 VPD along 101st Airborne Pkwy.**
    (404) 316-3197
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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
    Parkway Pl Clarksville, TN 37042
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