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    OFF-MARKET
    Office Units

    701 Red River St, Clarksville, TN 37040

    9,500 SF 0.67 ac lot Built 1996
    Property ID
    US80-1058700
    Property summary
    AI-generated overview

    This exceptional two-story office building, totaling 9,500 square feet, presents a unique investment opportunity. Located in Clarksville, Tennessee, at 701 Red River St, zip code 37040, this Class B property boasts a prime location near Austin Peay State University and Fort Campbell, offering convenient access to a robust workforce and established businesses. Built in 1996 and renovated in 2016, the building sits on a 0.67-acre lot and features 44 parking spaces. The property's M-1 (Light Industrial) zoning allows for diverse uses, including but not limited to a winery, warehouse, or even continued use as a religious institution, as it is currently configured. Its location within an Opportunity Zone adds significant investment appeal, particularly given the projected growth in the area, including the Vulcan OZ project and the anticipated addition of 3,000+ jobs by LG Chem. The asking price is $1,200,000, translating to $126.32 per square foot. This versatile property offers substantial potential for a variety of commercial ventures. The APN is 066D A 00603 000.

    Property profile
    Verified
    Property type Office Units
    Year built 1996
    Total area 9,500 SF
    Lot 0.67 ac (29,185 SF)
    APN 066D A 00603 000
    UPID US80-1058700
    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
    • Iglesia de Dios Pentecostal Movimiento Internacional, Betel Church
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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