615-210-9697
Newsom Station Road at McCrory Lane/I-40 Exit, Nashville, TN for Sale
Residential LAND - FOR SALE
1/4
3,388,532 SF

Newsom Station Road at McCrory Lane/I-40 Exit
Nashville, TN 37221
Outer Bellevue


HIGHLIGHTS

  • Potential to accommodate townhome development
  • Ridgelines offer spectacular views
  • Direct access from Exit 192 (McCrory Lane) on I-40

OVERVIEW

Multiple Parcels of Land - up 77.79 acres is for sale by two groups - 50 Acres is owned by one family and 27 by another individual. A good portion of the 77 acres is undevelopable due to TVA lines and topography, but there is a significant developable and relatively flat area on the West corner (about 12 Acres) and also developable on the ridgelines. In my opinion, townhomes are probably the highest and best use here. A similar ridgeline residential product called Rivervalley Townhomes is currently under construction next door. Acres are not priced separately, but our thinking was: Three lower tracts totaling 12 acres for $7.00 per SF (same price Vastland just paid next door) = $3,659,040 (or $304,920 per acre) plus Upper topographically challenging ridgelines which can be developed with some portions are not usable due to TVA Lines, roughly 60 acres for $50,000 / acre = $3,000,000 So the ASKING PRICE for this 77 Acres (all 5 parcels) is $6,500,000. Seller will review all offers. Call me with any questions - John Cavin 615-210-9697 jcavin@southeastventure.com

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Nashville-up to 77 Acre Residential Site@I-40

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Hold for Development, Master Planned Community, Planned Unit Development, Single Family Development

LAND ACRES

77.79 AC

LAND SF

3,388,532 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C

APN/PARCEL ID

126-00-0-069.00,126-00-0-079.00,126-00-0-146.00,140-00-0-005.00,140-00-0-006.00

ASK ABOUT THIS PROPERTY

John CavinSoutheast Venture LLCMore Info
615-210-9697

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John CavinSoutheast Venture LLCMore Info
615-210-9697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.