680 Peachers Mill Rd Clarksville, TN 37042
This exceptional 12.94-acre property in Clarksville, Tennessee, presents a remarkable opportunity for multi-family residential development. Located in a prime central location between 101st Parkway and Fort Campbell Boulevard (US Hwy 41A), this R-4 zoned land boasts nearly 1,000 feet of frontage along Peachers Mill Road (address: 680 Peachers Mill Rd, Clarksville, TN 37042). A completed survey and site plan are available, outlining a potential development of 22 buildings comprising 158 total units. The property offers two convenient entrances and benefits from readily accessible public utilities. Significant groundwork has already been completed by the seller, streamlining the development process and minimizing upfront costs. This is a turnkey opportunity for developers seeking a high-potential investment in a rapidly growing area of Montgomery County. The asking price for this exceptional development site is $3,555,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.