Property profile

0 Herning Dr Clarksville, TN 37042

OFF-MARKET
Land
1.2 ac lot
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Property summary

AI-generated overview

This exceptional 1.2-acre parcel of land, located on Herning Drive in Clarksville, Tennessee, presents a remarkable opportunity for residential development. Zoned R-4, this property offers significant potential for the construction of houses or apartments. The expansive lot size provides ample space for a variety of building plans, catering to diverse development needs. Conveniently situated in Montgomery County, zip code 37042, this location benefits from easy access to city amenities and infrastructure. A key advantage is the availability of city sewer and water services directly at the street, simplifying the development process and reducing infrastructure costs. The asking price of $175,000 represents a compelling investment opportunity given the land's size, zoning, and prime location within Clarksville. This property is ideal for builders, developers, or investors seeking a strategic entry point into the thriving Clarksville real estate market. The property's address is Herning Dr, Clarksville, TN 37042, with GPS coordinates 36.5482655 latitude and -87.3882506 longitude. Serious inquiries are encouraged to explore the full potential of this exceptional land offering.

Property profile

Verified
Property type Land
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

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

Location

Herning Dr Clarksville, TN 37042
Clarksville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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