701 Red River St Clarksville, TN 37040
- Office space
- 9,500 SF
- 0.67 lot acres
Current Use by Public Records
- Iglesia de Dios Pentecostal Movimiento Internacional, Betel / Hispanic Church / Pentecostal Church
Property Details for 701 Red River St
- Year built
- 1996
- Lot size
- 0.67 lot acres
- Property size
- 9,500 SF
- Property type
- Office space
- APN
- 066D A 00603 000
Description
This exceptional two-story office building, totaling 9,500 square feet, presents a unique investment opportunity. Located in Clarksville, Tennessee, at 701 Red River St, zip code 37040, this Class B property boasts a prime location near Austin Peay State University and Fort Campbell, offering convenient access to a robust workforce and established businesses. Built in 1996 and renovated in 2016, the building sits on a 0.67-acre lot and features 44 parking spaces. The property's M-1 (Light Industrial) zoning allows for diverse uses, including but not limited to a winery, warehouse, or even continued use as a religious institution, as it is currently configured. Its location within an Opportunity Zone adds significant investment appeal, particularly given the projected growth in the area, including the Vulcan OZ project and the anticipated addition of 3,000+ jobs by LG Chem. The asking price is $1,200,000, translating to $126.32 per square foot. This versatile property offers substantial potential for a variety of commercial ventures. The APN is 066D A 00603 000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.341398551168
- Latitude
- 36.537834800699
