1811 Madison St Clarksville, TN 37043-4975
- Banks
- 1,676 SF
- 0.40 lot acres
Current Use by Public Records
- Bank of America (with Drive-thru ATM) / Financial Planner / Financial Consultant
Property Details for 1811 Madison St
- Year built
- 1969
- Lot size
- 0.40 lot acres
- Property size
- 1,676 SF
- Zone code
- C-2
- Property type
- Banks
- APN
- 080B B 00600 000
- APU
- 080BB00600000
Description
This 1,718-square-foot former bank building presents a unique investment opportunity in Clarksville, Tennessee. Located on Madison Street, a high-traffic thoroughfare with 27,528 vehicles per day, this property boasts excellent visibility and accessibility. The 0.402-acre lot features three drive-through lanes, a valuable asset for a variety of potential uses. The property's prime location is less than a quarter-mile from Publix and half a mile from Lowe's, with recent additions to the immediate area including Dutch Bros and AutoZone. Further enhancing its appeal, the property benefits from Clarksville's robust growth
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $505,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $605,000
- 6.5%
- $530,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $635,000
- Geo Method
- $655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $600,000
- Retail
- $515,000
- Mixed-Use
- $605,000
- Hospitality
- $445,000
- Educational
- $570,000
- Residential Income
- $565,000
- Energy
- $530,000
- Income-Based Land
- $575,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.3105
- Latitude
- 36.5142
- CBSA code
- 17300
- CBSA name
- CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA