76 & Old Farmers Rd Clarksville, TN 37043
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.
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.
Costs & Benchmarks
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.