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881 Parham Dr
Clarksville, TN 37040
Masonic Lodge · Specialty Property For Sale · 1,760 SF

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.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
Property Type
Specialty
  • Specialty Lodge Meeting Hall
Building Class C
Lot Size 0.23 AC
Building Size 1,760 SF
No. Stories 2
Year Built 1964
Opportunity Zone Yes
Zoning M-1 - Light Industrial

Property Taxes

Property Taxes

Parcel Number
055N-B-008.00
Land Assessment
$48,381 CAD
Improvements Assessment
$129,295 CAD
Total Assessment
$177,677 CAD
  • Listing ID: 40579987

  • Date on Market: 2026-05-19

  • Last Updated:

  • Address: 881 Parham Dr, Clarksville, TN 37040

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