Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    715 Riverside Dr Clarksville, TN 37040-3112
    Back to Search
    Property profile & analytics

    715 Riverside Dr, Clarksville, TN 37040-3112

    View on Map
    • Grocery and convenience stores
    • 1,350 SF
    • 0.59 lot acres
    Off-Market
    Property ID
    US80-0044969
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gas Station / Gas Station
    • Taylor mart / Grocery & Convenience Store
    • Bitcoin Depot | Bitcoin ATM / Crypto Atm / Atm
    • ATM / Atm

    Property Details for 715 Riverside Dr

    Year built
    1984
    Construction
    FRAME
    Lot size
    0.59 lot acres
    Zone code
    C-2
    Property type
    Grocery and convenience stores
    APN
    066O E 00100 000
    APU
    066OE00100000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3631
    Latitude
    36.5181
    CBSA code
    17300
    CBSA name
    CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,282
    $0.00
    $0.00
    $101,480
    -
    $66,200
    $187,500
    $253,700

    Comparable in this City

    • Value Estimation
      $995,000
      2,489 SF

      2537 Wilma Rudolph Blvd

      CONVENIENCE STORE
      2537 Wilma Rudolph Blvd, Clarksville, TN 37040-5844
      View Details
    • Value Estimation
      $515,000
      1,500 SF

      1070 Riverside Dr

      CONVENIENCE STORE
      1070 Riverside Dr, Clarksville, TN 37040-4792
      View Details
    • Value Estimation by Request
      1,402 SF

      1361 College St

      CONVENIENCE STORE
      1361 College St, Clarksville, TN 37040-6302
      View Details
    • Value Estimation
      $1,340,000
      3,354 SF

      201 Cracker Barrel Dr

      CONVENIENCE STORE
      201 Cracker Barrel Dr, Clarksville, TN 37040-5723
      View Details
    • Value Estimation
      $505,000
      2,903 SF

      109 Dean Rd

      CONVENIENCE STORE
      109 Dean Rd, Clarksville, TN 37040-9283
      View Details
    • Value Estimation
      $2,580,000
      25,438 SF

      400 Hwy 149

      GROCERY, SUPERMARKET
      400 Hwy 149, Clarksville, TN 37040-7237
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,031 SF

      Retail Shops Near Governor's Square

      Retail property near a large mall in a growing area.
      3031 Wilma Rudolph Blvd, Clarksville, TN 37040
      View Details
    • Contact for pricing
      950 SF

      New Dutch Bros Coffee ForSale

      Newly built Dutch Bros in Clarksville, TN for sale.
      2310 Trenton Rd, Clarksville, TN 37040
      View Details
    • Contact for pricing
      1,370 SF

      Versatile Commercial Property on Cumberland

      Commercial property with office, retail, and storage potential.
      846 Cumberland Dr, Clarksville, TN 37040
      View Details
    • $1,350,000

      Retail Building with Storage

      A multi-area retail building offering conditioned space plus dedicated storage for streamlined day-to-day operations.
      1060 S Riverside Dr, Clarksville, TN 37040
      View Details
    • Contact for pricing
      3,675 SF

      Established Car Wash Business Opportunity

      Operating car wash with unlimited membership program in Clarksville, Tennessee.
      2530 Pea Ridge Rd, Clarksville, TN 37040
      View Details
    • New
      $1,175,000

      Retail Storefront For Sale

      Prominent retail storefront available for sale at a signalized intersection in Clarksville, Tennessee.
      301 College St, Clarksville, TN 37040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,335 SF

      Retail Space on Wilma Rudolph

      Retail space for lease with high traffic volume.
      2250 Wilma Rudolph Blvd, Clarksville, TN 37040
      View Details
    • Contact for pricing
      12,632 SF

      Retail Space in Kroger-Anchored Center

      Retail suites available in Kroger-anchored center with loading dock.
      1483 Madison St, Clarksville, TN 37040
      View Details
    • Contact for pricing
      59,000 SF

      Retail Space on Riverside Drive

      Retail space with high visibility and traffic counts.
      668 N Riverside Dr, Clarksville, TN 37040
      View Details
    • Contact for pricing
      6,550 SF

      Clarksville Mixed-Use Building For Rent

      Mixed-use building with showroom, offices, and warehouse space.
      131 Corporate Dr, Clarksville, TN 37040
      View Details
    • $24 SF/Yr

      Retail Space in Growing Submarket

      New retail center in a fast-growing area.
      2699 Trenton Rd, Clarksville, TN 37040
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    715 Riverside Dr
    Clarksville, TN 37040-3112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    715 Riverside Dr, Clarksville, TN, 37040
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!