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- LoopNet Team
1151 College St
Clarksville, TN 37040
Vulcan-OZ Mixed-Use Development Site · Land For Sale
·
13.00 AC
INVESTMENT HIGHLIGHTS
- Qualified Opportunity Zone (QOZ) Location
- Proximity to City Funded Improvements and Revitalization Including Greenway Connectivity
- Professional Baseball Anchored Mixed Use
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 13.00 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 13.00 AC |
DESCRIPTION
Capstone is pleased to present the Vulcan Mixed-Use Baseball & Entertainment District Development Site, a +13.0-acre site centrally located within the Vulcan-Frosty redevelopment district of Clarksville, TN. Ideally situated within one of two opportunity zones in Clarksville, the site’s location enables developers to defer capital gains towards the development of ±330 multifamily units. Clarksville’s booming population has encouraged the provincial government to allocate funds toward highly revitalizing districts to promote economic growth and create a positive social impact within densely populated and underutilized communities. The ±13 acre site is part of a larger mixed-use, master planned development which includes a professional baseball and multi-use stadium, hotel, and commercial buildings. Similar projects such as The Battery in Atlanta, GA, and the Rocket City Trash Pandas in Madison, AL showcase proportionately mixed-use baseball-anchored projects' financial and social success. The Vulcan Mixed-Use Baseball & Entertainment Development Site is within one of four revitalizing Clarksville neighborhoods, presenting developers the opportunity to acquire a baseball-anchored multifamily project with dynamic development strategies in an Opportunity Zone.
PROPERTY TAXES
| Parcel Number | 066D-A-007.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,280,800 |
PROPERTY TAXES
