Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3151 Highway 41A Clarksville, TN 37043
    Back to Search
    Property profile & analytics

    3151 Highway 41A Clarksville, TN 37043

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sango Convenience Center / Recycling Center / Waste Management Facility

    Property Details for 3151 Highway 41A

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 3.72-acre commercial property presents a remarkable investment opportunity in Clarksville, Tennessee. Strategically located at 3151 Highway 41A S, this parcel boasts an enviable position at the corner of Highway 41A and Quail Hollow Road, ensuring high visibility and accessibility. The property offers over 260 feet of road frontage on Highway 41A and an impressive 400 feet of frontage on Quail Hollow Road, maximizing exposure to a substantial volume of traffic. Zoned C-5, this versatile land is ideally suited for a wide range of commercial developments. Envision a thriving gas station, a bustling strip center, a popular restaurant, or any other commercial venture that aligns with the C-5 zoning regulations. The expansive acreage and prime location provide endless possibilities for entrepreneurs and investors seeking a high-impact commercial investment in a rapidly growing area. The asking price for this exceptional property is $1,450,000. This is a rare opportunity to acquire a significant commercial land parcel in a desirable Clarksville location. Don't miss out on this chance to build your commercial vision. The property is located in Montgomery County, Tennessee, with a zip code of 37043.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.2419
    Latitude
    36.5128

    Comparable in this City

    • Value Estimation by Request
      2,654 SF

      630 Huntco Dr

      COMMERCIAL MISC • 2,654 SF
      630 Huntco Dr, Clarksville, TN 37043-2431
      View Details
    • Value Estimation by Request
      5,000 SF

      102 Country Ln

      VETERINARY, ANIMAL HOSPITAL • 5,000 SF
      102 Country Ln, Clarksville, TN 37043-3930
      View Details
    • Value Estimation by Request
      1,602 SF

      412 Country Clb Ct

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,602 SF
      412 Country Clb Ct, Clarksville, TN 37043-4432
      View Details
    • Value Estimation by Request
      1,134 SF

      38 Abby Lynn Cir

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,134 SF
      38 Abby Lynn Cir, Clarksville, TN 37043-4066
      View Details
    • Value Estimation by Request
      176 SF

      Shady Blf Trl

      PROFESSIONAL CLUBS/ASSOCIATIONS • 176 SF
      Shady Blf Trl, Clarksville, TN 37043
      View Details
    • Value Estimation by Request
      1,446 SF

      3531 Smith Brothers Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,446 SF
      3531 Smith Brothers Ln, Clarksville, TN 37043-6873
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Clarksville

      14.24 +/- acres of land for sale.
      Madison St And Old Farmer Rd, Clarksville, TN 37043
      View Details
    • Contact for pricing

      7.4 Acre Signalized Intersection Lot

      7.4 acre lot at signalized intersection in Clarksville, TN.
      Ashland City Rd & Hwy 41A Byp, Clarksville, TN 37043
      View Details
    • $275,000

      Land Parcel in Port Royal

      5-acre land parcel offering opportunities to create your dream home.
      1788 Port Royal Rd, Clarksville, TN 37043
      View Details
    • Contact for pricing

      7.4 Acres Development Opportunity

      7.4 acres of land for development at signalized intersection.
      Highway 41A, Clarksville, TN 37043
      View Details
    • $475,000

      Pad Ready Commercial Land

      Vacant commercial land with shared access to Highway 41A.
      3067 Highway 41A South, Clarksville, TN 37043
      View Details
    • $3,999,950

      Commercial Land on Madison Street

      High-traffic commercial land with road frontage and I-24 access.
      2630 Madison St, Clarksville, TN 37043
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Space in Clarksville Corridor

      75,000 SF industrial space for lease near Nashville.
      1136 Dunlop Ln, Clarksville, TN 37043
      View Details
    • $25 SF/Yr
      36,000 SF

      Warfield Boulevard Retail Opportunity

      36,000 SF retail space available Q3 2024.
      447 Warfield Boulevard Ct, Clarksville, TN 37043
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease in Clarksville, Tennessee.
      1983 Madison St, Clarksville, TN 37043
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease in Clarksville, Tennessee.
      1979 Madison St, Clarksville, TN 37043
      View Details
    • $50,400
      20,000 SF

      Commercial Land on Madison Street

      Commercial land for lease in high-traffic retail corridor.
      1983 Madison St, Clarksville, TN 37043
      View Details
    • $78,000

      Commercial Land on Madison Street

      Commercial land for lease in high-traffic retail corridor.
      1979 Madison St, Clarksville, TN 37043
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3151 Highway 41A
    Clarksville, TN 37043
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3151 Highway 41A, Clarksville, TN, 37043
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!