1763 Madison St Clarksville, TN 37043-4990
Property profile & analytics
1763 Madison St, Clarksville, TN 37043-4990
- Medical Office Space
- 4,604 SF
- 0.98 lot acres
Property ID
US80-2039262
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Amaresh Misra / Pediatrician / Physician
- STEVEN ANDREW TIDWELL / Physician
- American Family Care Madison Street Commons / Medical Clinic
- AFC Physicians of TN / Medical Clinic
- Dr. Michael Nelson / Physician
Property Details for 1763 Madison St
- Year built
- 2014
- Lot size
- 0.98 lot acres
- Zone code
- C-2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 080B B 02300 000
- APU
- 080BB02300000
Description
This exceptional investment opportunity presents a 4,504 square foot Class A retail property located at 1763 Madison St, Clarksville, TN 37043. The property is currently leased to American Family Care under a 15-year absolute NNN lease, commencing August 1, 2023, and expiring July 31, 2038, leaving 13.7 years remaining. The lease includes annual rent increases based on CPI, with a 2% floor and no cap, ensuring consistent income growth. The tenant is backed by a corporate guarantee, mitigating risk. The property boasts a strong 6.18% cap rate and a Net Operating Income (NOI) of $157,003, with an asking price of $2,540,500 ($564.05 per square foot). This strategically located outparcel benefits from its proximity to a high-performing Publix supermarket and other national retailers such as Chick-fil-A, Lowe's, and Five Guys, ensuring high visibility and foot traffic. Its location on Madison St/Highway 76 (2023 AADT: 19,005) provides excellent accessibility. Furthermore, the property's proximity to Austin Peay State University (2.7 miles, 9,326 students in Fall 2022) and the area's robust population growth (36% increase within a 10-mile radius from 2010-2023) contribute to its long-term value and potential for appreciation. A 10-year lease option is also available.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.315
- Latitude
- 36.5145
- CBSA code
- 17300
- CBSA name
- CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,812
$0.00
$0.00
$469,480
-
$664,900
$508,800
$1,173,700
