$8,650,000
( )
 $46,435 est/mo Sourced by Back At You

7220 Charlotte Pike , Nashville, TN 37209

Nashville, TN 37209

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Description

Prime Redevelopment Opportunity to acquire a fully entitled 4.24-acre portfolio, approved for 228 units with a total Gross Building Area (GBA) of 220,000 SF. This offering includes (Parcel 1) 1.34 acres with 53 units approved under a Specific Plan (SP). GBA: 90,000 SF. (Parcel 2) 2.90 acres with 175 units approved under Mixed-Use Multi-Family (MUL-A) zoning. GBA: 130,000 SF. Metro's collective approval allows for up to 228 units across both parcels, with a combined GBA of 220,000 SF on 4.24 acres of contiguous development land. Key Highlights: 891 feet of prime road frontage along Charlotte Pike. No sidewalk requirement on Charlotte Pikea significant cost-saving advantage. Located within a major retail corridor featuring Walmart, Lowe's, Target, Dick's Sporting Goods, and more, all within a 1/2 mile radius. Directly across from the Summit West and Novel West Apartments. Entitlements: Parcel 1 (SP): Approved on October 22, 2022. Parcel 2 (MUL-A): Approved on August 15, 2023.

Details

MLS#2688834
Listing TypeFor Sale
StyleVacant Land
Sub-TypeResale
StatusActive
Year1958
Days On Site91
Listing Provided ByNextHome Music City Realty | Linda Byrd

Features

SQ Feet6,078
ZoningSP & MULA
Acreage4.24

Market Activity 37209

 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

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Listings Checked: 8 minutes ago
StateTN
CountyDavidson County
CityNashville
Zip Code37209
Listing VS Median (in 37209)
Price:
$8,650,000
low | high
Med:
$599,000
100% of Average
SqFt:
6,078
low | high
Med:
1,988
100% of Average
$ / SqFt:
$1,423
low | high
Med:
$301
100% of Average
On Site:
91
low | high
Med:
66.000000
100% of Average
Sourced by Back At You
Listing Updated: October 23, 2024 at 10:53:40 AM PDT