1979 Madison St Clarksville, TN 37043
For Lease
1 / 3
This exceptional 0.63-acre commercial land parcel, totaling 27,135 square feet, presents a unique investment opportunity. Located on the bustling Madison Street retail corridor, this property is zoned C-5 Highway and Arterial Commercial District, allowing for a wide range of development possibilities. The site boasts high visibility and significant traffic counts, with an average daily traffic count of 23,917 vehicles. Currently, the site is a ground lease only, with any existing structures slated for demolition, providing a blank canvas for a new development. The strategic location directly across the street from a 24-hour Walgreens ensures high foot traffic and convenient access for potential customers. This prime location offers unparalleled potential for businesses seeking high visibility and accessibility in a thriving commercial area. The substantial lot size provides ample space for a variety of commercial ventures, making it an ideal opportunity for developers and investors seeking a high-impact location. The C-5 zoning designation opens doors to a diverse range of commercial uses, ensuring flexibility and maximizing potential return on investment. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime retail location. This property is for lease.
-
Oneal's Bar & Grill Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-5 · Clarksville, TNClarksville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.