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881 Parham Dr - Masonic Lodge 1,760 SF Specialty Building Offered at $130,000 in Clarksville, TN 37040
Investment Highlights
- Active redevelopment nearby Lincoln Homes revitalization & City neighborhood investment underway
- Value-add redevelopment Clear path to forced appreciation through repositioning
- High-growth corridor Clarksville ranks among TN's fastest-growing cities
Executive Summary
A well-positioned commercial property in one of Clarksville's most strategically located corridors — 881 Parham Dr offers investors the rare combination of immediate income and long-term redevelopment upside. The building is currently occupied and operating, providing day-one stability while you plan your next move.
Located in the New Providence neighborhood, the property sits within close proximity to downtown Clarksville, Austin Peay State University, and a growing cluster of public and private redevelopment initiatives reshaping the surrounding area. The City's ongoing investment in the corridor — including the Lincoln Homes redevelopment project and neighborhood infrastructure improvements — signals sustained momentum in property values and demand.
Clarksville is one of Tennessee's fastest-growing cities, driven by its proximity to Fort Campbell, a booming logistics and manufacturing sector, and a steady influx of new residents. For investors looking to enter a high-growth market with a stabilized asset and a clear path to value creation, 881 Parham Dr deserves a close look.
Located in the New Providence neighborhood, the property sits within close proximity to downtown Clarksville, Austin Peay State University, and a growing cluster of public and private redevelopment initiatives reshaping the surrounding area. The City's ongoing investment in the corridor — including the Lincoln Homes redevelopment project and neighborhood infrastructure improvements — signals sustained momentum in property values and demand.
Clarksville is one of Tennessee's fastest-growing cities, driven by its proximity to Fort Campbell, a booming logistics and manufacturing sector, and a steady influx of new residents. For investors looking to enter a high-growth market with a stabilized asset and a clear path to value creation, 881 Parham Dr deserves a close look.
Property Facts
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 055N-B-008.00 | Improvements Assessment | $93,000 |
| Land Assessment | $34,800 | Total Assessment | $127,800 |
Property Taxes
Parcel Number
055N-B-008.00
Land Assessment
$34,800
Improvements Assessment
$93,000
Total Assessment
$127,800
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