For Sale
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Property summary
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
VerifiedCap rate & NOI
Current use
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Church
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Clarksville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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