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    1151 College St Clarksville, TN 37040

    Sponsored
    For Sale
    $2,500,000

    Prime 5-acre retail site, Clarksville, TN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity within the vibrant Vulcan Mixed-Use Planned Unit Development (PUD) in Clarksville, Tennessee. Located at 1151 College Street, this fee-simple property is zoned for a variety of retail uses, including shops, restaurants, breweries, art galleries, offices, financial institutions, and pharmacies. The approved PUD plan anticipates approximately 65,400 square feet of retail space, with a maximum building height of four stories. This site benefits from its strategic location, just blocks from Austin Peay University and downtown Clarksville, ensuring high visibility and accessibility. The larger 30+ acre Vulcan PUD master plan includes a multi-family district (330 units approved), a hospitality district (100-room hotel anticipated), and a major sports and entertainment complex featuring a 2,500-seat (4,000 max capacity) stadium for a minor league baseball team. The master developer will collaborate on design review and share site development costs, including grading, utilities, roads, and sidewalks. This is a rare chance to be part of a thriving, mixed-use development in a rapidly growing area. The asking price is $2,500,000. The property is for sale by owner and broker co-op is available.

    Property Features for 1151 College St

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial land parcel in Clarksville, TN's Vulcan Mixed‑Use PUD.
    • Located at 1151 College Street, zoned for various retail uses.
    • Approved PUD plan allows for ~65,400 SF of retail space, up to four stories.
    • High visibility location near Austin Peay University and downtown Clarksville.
    • Part of a larger 30+ acre PUD including multi‑family, hospitality, and a sports complex.
    • Master developer collaboration on design and shared site development costs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.34257757371
    Latitude
    36.534405146691

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    FAQs

    What type of property is this?
    Land - Prime 5-acre retail site, Clarksville, TN.
    Where is this land located?
    The property is located at 1151 College St Clarksville, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 5-acre commercial land parcel in Clarksville, TN's Vulcan Mixed-Use PUD.; Located at 1151 College Street, zoned for various retail uses.; Approved PUD plan allows for ~65,400 SF of retail space, up to four stories.
    (615) 997-2857
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    1151 College St Clarksville, TN 37040
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    Clarksville, TN 37040
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    Realmo Value Estimation

    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.

    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.

    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
    1151 College St Clarksville, TN 37040
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