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Property profile & analytics
OFF-MARKET
Land

76 & Old Farmers Rd Clarksville, TN 37043

11.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.8-acre commercial land parcel presents a significant investment opportunity in Clarksville, Tennessee. Strategically located at the southeast corner of Martin Luther King Jr. Blvd/Highway 76 and Old Farmers Road, this property boasts high visibility and accessibility. Highway 76 sees a daily traffic count of 28,147 vehicles, while Old Farmers Road registers 8,243 vehicles per day, ensuring substantial exposure for any development. The property is zoned M-1, allowing for a variety of commercial uses. Its proximity to Interstate 24 (just 1.5 miles west) further enhances its strategic advantage, providing easy access to regional transportation networks. This location is particularly well-suited for businesses requiring efficient last-mile delivery capabilities or those targeting a large consumer base. The asking price for this exceptional property is $6,490,000. Given its size, location, and zoning, this land parcel represents a rare opportunity for significant commercial development in a rapidly growing area of Montgomery County, Tennessee, with a zip code of 37043. The property's coordinates are 36.5176688 latitude and -87.2505681 longitude.

Property profile
Verified
Property type Land
Lot 11.8 ac (514,008 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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