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Property profile

601 Riverside Dr Clarksville, TN 37040

OFF-MARKET
Grocery and convenience stores
Property ID
US80-0936413
1,800 SF 0.51 ac lot Built 1985
Last sale Sep 2002 · $468,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$107k
Effective rate4.22%

Value estimate

· Nov 2026
$450k
$405k – $495k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$253/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$116 – $376
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
C-2 - GENERAL COMMERCIAL DISTRICT The C-2 General Commercial District is for personal and business services, general and professional off...
General categoryCOMMERCIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.8
Dental Office8.7
Storage Facility8.6

Location

601 Riverside Dr Clarksville, TN 37040-3127
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1416 Franklin, Clarksville, TN 37040-3316 $450,000 Feb 2026 1,766 SF
11 Jefferson, Clarksville, TN 37040-3229 $65,000 Jan 2025 2,100 SF
2851 Old, Clarksville, TN 37040 $65,000 Jul 2024 2,107 SF
211 College, Clarksville, TN 37040-3223 $2,400,000 Apr 2023 1,525 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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