1151 College St, Clarksville, TN 37040-3324
This exceptional 5-acre commercial land parcel presents a unique investment opportunity within the vibrant Vulcan Mixed-Use Planned Unit Development (PUD) in Clarksville, Tennessee. Located at 1151 College Street, this fee-simple property is zoned for a variety of retail uses, including shops, restaurants, breweries, art galleries, offices, financial institutions, and pharmacies. The approved PUD plan anticipates approximately 65,400 square feet of retail space, with a maximum building height of four stories. This site benefits from its strategic location, just blocks from Austin Peay University and downtown Clarksville, ensuring high visibility and accessibility. The larger 30+ acre Vulcan PUD master plan includes a multi-family district (330 units approved), a hospitality district (100-room hotel anticipated), and a major sports and entertainment complex featuring a 2,500-seat (4,000 max capacity) stadium for a minor league baseball team. The master developer will collaborate on design review and share site development costs, including grading, utilities, roads, and sidewalks. This is a rare chance to be part of a thriving, mixed-use development in a rapidly growing area. The asking price is $2,500,000. The property is for sale by owner and broker co-op is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Clarksville, TNClarksville. Always verify with local authorities before improvements.
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.