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Property profile

0 Alfred Thun Rd Clarksville, TN 37040

OFF-MARKET
Land
2.01 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 2.01 ac (87,556 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Alfred Thun Rd Clarksville, TN 37040
Clarksville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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