1151 College StClarksville, TN 37040

  • Industrial properties
  • 9,792 SF
For Sale
$2,500,000 View listing

Property Details for 1151 College St

Year built
1993
Construction
FRAME
Lot size
0.54 AC
Property size (Sq ft)
9,792 SF
Zone code
M-2
Property type
Industrial properties
Property subtype
Other warehouses
APN
055M C 02300 000
APU
055MC02300000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,936,218
    Hospitality
    $1,773,565
    Educational
    $1,475,586
    Medical
    $1,526,333
    Retail
    $2,295,355
1151 College St, Clarksville, Tennessee

Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.5332
Longitude
-87.3431
CBSA code
17300
CBSA name
CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,089
-
-
$73,200
-
$70,300
$112,700
$183,000

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