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Listed by Brandon C. Knox • Compass RE
$1,550,000
Est. payment /mo
4 Acres Lot
UPDATED:
01/07/2025 06:03 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Antioch
MLS Listing ID 2775381
HOA Y/N No
Annual Tax Amount $1,165
Lot Size 4.000 Acres
Acres 4.0
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
Private Pool 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
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Angelynn Edwards
Principal Broker | Owner | License ID: 334733
Principal Broker | Owner License ID: 334733