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Property profile & analytics
OFF-MARKET
Office buildings

534 Madison St Clarksville, TN 37040-3620

4,305 SF 0.51 ac lot Built 1959
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-0344091
Property summary
AI-generated overview

This exceptional 7,171 square foot storefront, located at 534 Madison St. in Clarksville, Tennessee, presents a unique investment opportunity. Situated on a prominent 0.55-acre corner lot at the intersection of Madison Street and University Avenue/Cumberland Drive, this two-story building boasts high visibility and excellent accessibility. The property features a recently installed roof, ample front and rear parking, and convenient direct rear access to the walkout basement. The ground floor and basement have undergone recent remodeling, while the top floor has been gutted and is ready for build-out, allowing for complete customization to suit a variety of retail uses. The property's location in the heart of downtown Clarksville offers unparalleled exposure to a thriving community, and its proximity to Nashville (approximately one hour away) provides access to a larger regional market. This prime retail space offers a blend of renovated and ready-to-finish areas, making it an ideal investment for discerning buyers seeking a high-impact commercial property. The asking price is $150,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Construction WOOD
Total area 4,305 SF
Lot 0.51 ac (22,216 SF)
Zoning code CBD
APN 066K C 00200 000
UPID US80-0344091
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wendy Thompson Team Clarksville Mortgage Brokers & Lending Company Loan Service Bank
  • DIRECTV® OfficiaI Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Earl Scott Denney · 4 yrs held
Earl Scott Denney
since 2022
Last sale
$450,000
7 recorded transactions
2022
$450,000
2018
Price N/A
2012
Price N/A
2009
Price N/A
2008
Price N/A
2002
$185,000
1993
$48,000
Zoning & alternative use
CBD · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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