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    Alfred Thun Rd Clarksville, TN 37040

    For Sale
    Contact for pricing

    Prime TN Highway Commercial Lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents eight commercial land parcels within the Gateway Park development on Alfred Thun Road in Clarksville, Tennessee. Lots 1, 2, 3, 4, 8, 9, 10, and 11 offer varying lot sizes ranging from 2.01 to 3.02 acres, providing flexibility for a variety of commercial ventures. The property boasts a highly desirable C-5 Highway Arterial Commercial District zoning, ensuring a wide range of permitted uses. Located in Montgomery County, with a 37040 zip code, this site benefits from exceptional visibility due to its proximity to I-24, a major thoroughfare carrying 88,998 vehicles daily. The land is ready for development, with crucial infrastructure already in place. Gas, water, sewer, storm sewer systems, and streets complete with curbs and gutters are currently being installed, minimizing upfront development costs and expediting the construction process. This presents a unique chance to capitalize on a high-traffic location with significant development potential in a rapidly growing area of Clarksville. The price per acre ranges from $18,000 to $25,000, offering competitive pricing for this prime commercial real estate. Don't miss this opportunity to secure your stake in this thriving Clarksville commercial corridor.

    Property Features for 0 Alfred Thun Rd

    General Information

    Property type
    Land
    Lot Size
    87,556 SF

    HighLights

    • C‑5 Highway Arterial Commercial zoning.
    • Lots available in varying sizes.
    • Utilities (gas, water, sewer, storm sewer) and improved streets (curb & gutter) are in place.
    • High visibility from I‑24, with 89,000+ vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.2715131
    Latitude
    36.5901633

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    FAQs

    What type of property is this?
    Land - Prime TN Highway Commercial Lots
    Where is this land located?
    The property is located at Alfred Thun Rd Clarksville, TN.
    What are key features of this property?
    This property features: C-5 Highway Arterial Commercial zoning.; Lots available in varying sizes.; Utilities (gas, water, sewer, storm sewer) and improved streets (curb & gutter) are in place.
    Request Owner's contact information
    Alfred Thun Rd 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
    Alfred Thun Rd Clarksville, TN 37040
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