$1,550,000
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.
**This property is being offered for sale individually and also as part of a larger land assemblage from the same ownership group. Please view the "Intuition Development Land Package Video" link in the media section of this listing, along with the link to the commercial loopnet listing of the entire package.**
2775381
MLS
⋅
ACTIVE UNDER CONTRACT
Status
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4
Acres
⋅
37013
Zip Code
5215 Blue Hole Rd, Antioch
