601 Riverside Dr Clarksville, TN 37040-3127
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.
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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-2 · 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.