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Front Ridge Circle
Clarksville, TN 37040 Clarksville

$2,500,000 USD

Land For Sale  •  0.73 AC

Property Details

  • Property Type Land
  • Lot Size 0.73 AC
  • Zoning R4
0 Transit Score
10 Walk Score

Description

Offered for sale: Phase 2 of a 3-phase townhome development located in Clarksville, TN, one of the fastest-growing cities in the Southeast. This opportunity includes 48 pad-ready lots that are fully entitled, utility-served, and shovel-ready for vertical construction. The site is zoned R-4 with an HPR overlay, supporting fee-simple townhome development with no restrictions on rentals, including short-term rentals (Airbnb) — making this ideal for build-to-rent or build-to-sell investment strategies.

Each pad is prepped for immediate construction, with all major utilities stubbed at the lot line:

Water & Sewer: Clarksville Gas & Water

Electric: Clarksville Department of Electricity

Internet: CDE Lightband Fiber

The plat map is recorded, and no additional permitting is required — permits can be pulled immediately.

The site is part of a larger master-planned townhome community. 40 units in phase 1 have been constructed and are approaching full lease-up. Current rental rates range from $1,300–$1,450/month, reflecting an intentional lease-up strategy below market to drive occupancy. Rent comps support ~$1,550/month, with upside potential as the surrounding commercial and recreational developments mature.

An established and professionally managed HOA is already in place through Byers & Harvey Property Management, offering an attractive, low-maintenance lifestyle to future residents. HOA dues are $135/month per unit and include:

High-speed CDE fiber internet

Concierge trash pickup

Exterior maintenance of the home

Exterior building insurance

Lawn care and landscaping

The development is located in a high-demand corridor of Clarksville with proximity to key employment, education, and recreational drivers:

12 minutes to Ft. Campbell (military base with strong rental demand)

4 minutes to Pisgah Elementary

10 minutes to West Creek Middle & High Schools

1 hour to downtown Nashville

1/4 mile walk to Billy Dunlop Park, with river access, canoe/kayak launch, pavilions, trails, and playgrounds

This site is ideal for builders, developers, or investors seeking a proven product in a growing market. The R-4 zoning with HPR overlay allows for attached townhomes to be sold individually or held as rental units, providing flexibility for exit strategy.

Additionally, Phase 3 (62 pads) is available for expansion and can be bundled as part of a larger development acquisition.

KEY FEATURES

48 pad-ready lots in Phase 2

Zoned R-4 with HPR overlay – townhomes approved

Utilities stubbed to each lot – ready for construction

Permits can be pulled immediately

No builder restrictions – open to any qualified builder

Fee simple ownership – units can be sold individually

No rental or Airbnb restrictions

Professionally managed HOA in place ($135/mo per unit)

Strong leasing velocity in Phase 1

Rent comps support $1,550/month+

Located near schools, major employers, and regional parks

Future growth supported by surrounding commercial and infrastructure development

Optional expansion with Phase 3 (62 pads)

CONTACT INFORMATION
Christian Black
Century 21 Platinum Properties
931-801-8660
cblack@realtracs.com
HomeClarksville.com

Highlights

Shovel-ready & full utilities allow for immediate vertical construction. No delays, no permitting hurdles, accelerating time to market and ROI.
Fee-simple townhome construction supports a wide range of strategies: build-to-rent, build-to-sell, or short-term rentals. Maximum exit flexibility.
Great location in a fast growing corridor poised for continued appreciation and rent growth.
Christian Black 931-801-8660 Century 21 Platinum Properties
Christian Black 931-801-8660 Century 21 Platinum Properties