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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

601 Riverside Dr Clarksville, TN 37040-3127

1,800 SF 0.51 ac lot Built 1985
Individually Owned 22-yr Hold Free & Clear
Property ID
US80-0936413
Property summary
AI-generated overview

This exceptional 1,856 square foot retail space, situated in a thriving Clarksville commercial corridor, presents a unique investment opportunity. Located at 601 S Riverside Dr, Clarksville, TN 37040, this single-tenant property boasts a highly visible end-cap location at the intersection of Riverside Drive (SR 12) and Crossland Avenue, offering easy access and significant exposure to high traffic volume. The building itself totals 11,000 square feet and sits on a 0.95-acre lot. Ample parking is available with 48 spaces provided for patrons and employees. The property is located in the Clarksville submarket of Montgomery County and features a convenient location with easy access to downtown Clarksville. Property taxes are $1.54 per square foot. The APN is 066O A 01900 000. This property is ideal for a restaurant operator seeking a well-established location with high visibility and ample parking in a mature commercial area. The strategic location ensures strong foot traffic and excellent brand visibility, making it an attractive proposition for a variety of businesses. This is a rare opportunity to acquire a prime retail space in a desirable Clarksville location.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1985
Total area 1,800 SF
Lot 0.51 ac (22,216 SF)
Zoning code C-2
APN 066B A 01200 000
UPID US80-0936413
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
  • Marathon Gas Station
  • Leap Then Look Tattoo Tattoo & Piercing Shop
  • Western Union Bank Credit Union
  • ATM (B P Stores) Atm
  • Bitstop Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Beach Family Ents · 22 yrs held
Beach Family Ents
since 2004
2 recorded transactions
2004
Price N/A
2002
$468,000
Zoning & alternative use
C-2 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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