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    Madison St And Old Farmer Rd Clarksville, TN 37043

    For Sale
    $6,050,000

    14 Acres, High Traffic, C-5 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 14.24-acre commercial land parcel presents a unique investment opportunity in Clarksville, Tennessee. Strategically located at the intersection of Madison Street and Old Farmer Road, this property boasts over 1,060 feet of frontage on Madison Street (Highway 41A-S), a major thoroughfare. The high-traffic location benefits from a 2017 Annual Daily Traffic count of 18,276 vehicles per day, ensuring significant visibility and accessibility for any commercial development. The property is zoned C-5, allowing for a wide range of commercial uses. Utilities are readily available, with gas, water, and sewer services already in place. This expansive lot offers significant potential for developers seeking a prime location in a rapidly growing area. The property's size and location make it ideal for a variety of commercial ventures, from retail and restaurants to office buildings and light industrial uses. Its prominent position at a major intersection guarantees high visibility and easy access for customers and employees. The existing infrastructure, including readily available utilities, simplifies the development process and reduces upfront costs. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Tennessee market. Don't miss this chance to secure a prime location for your next commercial project. The property is situated in Montgomery County, Tennessee, with a zip code of 37043.

    Property Features for 0 Madison St And Old Farmer Rd

    General Information

    Property type
    Land
    Lot Size
    620,294 SF

    HighLights

    • 14.24+/- acres of commercial land in Clarksville, TN.
    • 1,060 feet of frontage on Madison Street (Highway 41A‑S).
    • 2017 Annual Daily Traffic Count: 18,276 vehicles.
    • Gas, water, and sewer utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.253366572656
    Latitude
    36.503893173307

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    FAQs

    What type of property is this?
    Land - 14 Acres, High Traffic, C-5 Zoning
    Where is this land located?
    The property is located at Madison St And Old Farmer Rd Clarksville, TN.
    What is the asking price?
    The asking price for this property is $6,050,000.
    What are key features of this property?
    This property features: 14.24+/- acres of commercial land in Clarksville, TN.; 1,060 feet of frontage on Madison Street (Highway 41A-S).; 2017 Annual Daily Traffic Count: 18,276 vehicles.
    Request Owner's contact information
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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
    Madison St And Old Farmer Rd Clarksville, TN 37043
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