Mixed-Use Commercial
605A N Riverside Dr, Clarksville, TN 37040
For Sale
Contact for pricing
Flexible commercial space suited to personal service, storefront office, or showroom use.
Property Size925 SF
Price / SF$0.97
Days on Market48
Property Features for 605A N Riverside Dr
General Information
Standard status
Size
Property subtype
Listing Agency:
Fridrich & Clark Realty
Listed By:
HOLT Preferred
(615) 405-5227
Source:
Nashvillespropertysearch
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 6 at 8:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fridrich & Clark Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Approximately 925 square feet of mixed-use commercial space is available at 605A N Riverside Dr in Clarksville, Tennessee. The property can accommodate a range of smaller commercial concepts, including a salon, storefront office, or compact showroom. Its format provides a practical option for an operator seeking a focused commercial footprint in a single location.
Key Highlights
- Approximately 925 square feet of mixed‑use commercial space
- Potential uses include a salon, storefront office, or small showroom
- Located at 605A N Riverside Dr, Clarksville, TN 37040
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,741
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,820
$174.8K
Cap Rate 7%
$124,871
$124.9K
Cap Rate 9%
$97,122
$97.1K
Market Conditions
NOI Build-Up for 925 SF
Gross rent
$15.5K $16.80/SF
− Vacancy
−$1.6K −$1.68/SF
EGI
$14.0K $15.12/SF
− OpEx
−$5.2K −$5.67/SF
NOI
$8.7K $9.45/SF
Area
Clarksville, TN
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,820
Cap Rate 7%
$124,871
Cap Rate 9%
$97,122
Alternative Uses
Best Use
Retail
$125.7K
$110.0K – $146.7K
NOI $8,802 @ 7.0% cap · market cap 978.00%
Second Best
Mixed Use
$124.9K
$109.3K – $145.7K
NOI $8,741 @ 7.0% cap · market cap 971.22%
Theoretical Best
Office A
$155.3K
$135.9K – $181.2K
NOI $10,869 @ 7.0% cap · market cap 1,207.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
159k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Shops & Services 11%
Apparel 4%
Hotels & Casinos 3%
McDonald's
Dining
29,229 visits/mo
0.5 miles
Wendy's
Dining
18,772 visits/mo
0.2 miles
Taco Bell
Dining
16,670 visits/mo
0.5 miles
Dutch Bros. Coffee
Dining
15,550 visits/mo
0.5 miles
Hooters
Dining
12,330 visits/mo
0.5 miles
Demographics for 37040, TN
60,382
Population
24,628
Households
2.5
Avg Household Size
31
Median Age
30%
College-Educated
94%
High-School Grad
92.8 sq mi
ZIP Area
651
Density / Sq Mi
$65,331
Median Household Income
$40,621
Median Earnings
$1,177
Median Rent
$242,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial space suited to personal service, storefront office, or showroom use.
Where is this mixed-use property located?
The property is located at 605A N Riverside Dr Clarksville, TN.
What are key features of this property?
This property features: Approximately 925 square feet of mixed‑use commercial space; Potential uses include a salon, storefront office, or small showroom; Located at 605A N Riverside Dr, Clarksville, TN 37040
