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Listed by Brandon C. Knox • Compass RE
$ 1,550,000
Est. payment | /mo
4 Acres Lot
$ 1,550,000
Est. payment | /mo
4 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Antioch
MLS Listing ID 2775381
Annual Tax Amount $1,165
Lot Size 4.000 Acres
Property Description
Introducing an exceptional investment opportunity at 5215 Blue Hole Rd in Antioch, Tennessee—a rapidly growing suburb of Nashville. This 4-acre parcel is zoned RM15 and comes with approval for a 60-unit multifamily development, making it truly shovel-ready. Grading permits are already issued and grandfathered under older regulations, saving significant time and money. Additionally, full sewer and water capacity fees exceeding $200,000 have been prepaid, reducing upfront costs. The property features two thoughtfully designed unit types: 24 three-story residences with 2-car garages and 36 surface-parked units. Units can be configured as 3 or 4 bedrooms, offering flexibility to meet market demands. This project is ideal for build-to-rent or build-to-sell strategies, catering to a variety of potential tenants or buyers. Conveniently located near major retailers such as Target, Walmart, and Costco, as well as the recently opened Tanger Outlets with over 60 brand-name stores and dining options, the property offers unmatched accessibility. Nearby recreational opportunities include a family golf and driving range complex, while significant developments like Century Farms and the Global Mall at the Crossings add to the area's appeal. With easy access to I-24 and the Bell Road exit, this location provides seamless connectivity to Brentwood, Antioch, and downtown Nashville, making it a prime choice for developers seeking to capitalize on the area's rapid growth. The seller is open to considering owner financing for qualified buyers with a substantial down payment. A drone video is available upon request, showcasing the property's layout and surroundings. Don't miss this rare opportunity to develop a ready-to-build project in one of Nashville's fastest-growing corridors.
Location
State TN
County Davidson County
Zoning RM15
Interior
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Building
Lot Description Hilly
Sewer Public Sewer
Water Public
Schools
Elementary Schools Henry C. Maxwell Elementary
Middle Schools Thurgood Marshall Middle
High Schools Cane Ridge High School