820 Commerce St Clarksville, TN 37040

Property Details for 820 Commerce St

Year built

1900

Lot size

0.75 lot acres

Property size

30,396 SF

Zone code

M-1

Property type

Manufacturing properties

APN

066F L 00800 000

APU

066FL00800000

Description

This exceptional redevelopment opportunity encompasses a substantial 1,100,000 square foot mixed-use property situated on a 9.77-acre lot in Clarksville, Tennessee's thriving Central Business District (CBD). The property, zoned for mixed-use development, presents a unique chance to capitalize on Clarksville's explosive growth. The area boasts strong economic indicators, including a $5 billion capital investment over the past two decades, a 7,500-job increase since 2000, and significant population and household growth exceeding 15% and 11% respectively in just five years. Tourism is also a major driver, generating $371 million in visitor spending in 2022. The presence of over 11,000 university students further fuels demand. This prime location offers the potential to create a vibrant, walkable urban environment combining residential, retail, dining, and office spaces, directly addressing the current undersupply of housing and commercial space in Clarksville. The property's size and zoning provide ample flexibility for a diverse range of development plans, catering to the needs of a rapidly expanding community. The strategic location within the CBD ensures high visibility and accessibility, maximizing the potential for both residential and commercial success. This is a rare opportunity to shape the future of Clarksville's downtown core. The property includes multiple addresses along Commerce and Franklin Streets, all within the 37040 zip code.

Location Insight

City

Clarksville

County

Montgomery

State

Tennessee

Longitude

-87.3487

Latitude

36.528

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments