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    Property profile & analytics
    OFF-MARKET Estimated value $675,000
    Warehouses

    1151 College St, Clarksville, TN 37040-3324

    9,792 SF 0.54 ac lot Built 1993
    Individually Owned 34-yr Hold Free & Clear
    Property ID
    US80-1465877
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1993
    Construction FRAME
    Total area 9,792 SF
    Lot 0.54 ac (23,522 SF)
    Zoning code M-2
    APN 055M C 02300 000
    UPID US80-1465877
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $675k
    Blend (final) Blend
    $675k
    Owner & transaction history
    Arthur H Marks · 34 yrs held
    Arthur H Marks
    since 1992
    3 recorded transactions
    1992
    $1,000
    1992
    $2,500
    1992
    $1,157
    Zoning & alternative use
    M-2 · Clarksville, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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