Commercial Investment Opportunity
PRICE
$74,000
Off-Market Vacant Lot for Sale1108 Franklin St, Clarksville, TN 37040
Asking Price: $74,000
Zoning: M-2 (General Industrial District)
Lot Size: 0.21 Acres | 9,322 SqFt
Dimensions: 65ft x 149ft
This 0.21-acre vacant lot is perfectly situated on the border of Clarksville’s Central Business District (CBD), presenting a prime redevelopment opportunity. Currently zoned M-2 (General Industrial District), the property has strong potential for rezoning, supported by recent feedback from the local planning staff. With no design review required, this lot is poised for quick development and offers great flexibility for a variety of uses.
Property Highlights:
Zoning Potential: The planning staff supports rezoning to CBD, C-2, R3, or R6, providing multiple options for residential or commercial development.
Prime Location: Conveniently located near Austin Peay State University and the new Mixed-Use Baseball Stadium at the former Vulcan Factory site.
Future-Focused: Positioned right on the edge of the CBD, the area is rapidly evolving with strong community planning support for further development.
Streamlined Process: No design review is necessary, making the approval process simpler and faster for prospective developers.
This is a rare opportunity to capitalize on the growth trajectory of Clarksville. With its excellent location and flexible zoning potential, this lot is an ideal candidate for those looking to invest in the future of this thriving community.
Make Your Offer: Submit all offers directly to: investments@promiselandrealtyllc.com. Please note that marketing and sharing this property is restricted to verified members of the TEAM PROMISELAND JV partnership program.
Vulcan Factory Development
Located One Block North of the Subject Property
CBD Boundary Proximity
CBD Boundary shaded in blue.
Walking Distance to Austin Peay
Surrounding Zoning Designations
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PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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