Approved Development Site Near
For Sale
$1,210,000
1160 Tulip Grove Rd, Hermitage, TN 37076
Approved 44-unit development site near I-40 in Hermitage, TN.
Property SizeContact for details
Lot Size3.80 Acres
Days on Market164
Property Features for 1160 Tulip Grove Rd
General Information
Standard status
Active
Lot size
3.80 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$4,831
Listing Agency:
COMPASS RE
(615) 475-5616
Listed By:
BRANDON C. KNOX
Source:
Corcoran
Added: Feb 25
Changed: Aug 8
Last Checked: Jul 16 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS RE
Investment Insights
Based on property information with market context.
This is an approved 44-unit Specific Plan (SP) development opportunity located in a fast-growing area near Nashville. The plan includes a mix of 38 detached and 6 attached homes, all designed with rear-loaded 2-car garages. The property is located less than one mile from I-40, providing access to Hermitage and Mt. Juliet. The location offers proximity to shopping, dining, and entertainment options, including Percy Priest Lake, The Hermitage Golf Course, and Providence Marketplace in Mt. Juliet. Nashville International Airport is also a short drive away. A new 400+ unit single-family neighborhood is currently under construction directly across from this property. The property is suitable for a build-to-rent community or a build-and-sell development. Specific Plan (SP) documents and other project details are available for review.
Key Highlights
- Fully approved 44‑unit Specific Plan (SP) with a mix of 38 detached and 6 attached homes, ready for immediate development.
- Strategically located less than one mile from I‑40, providing convenient access to Hermitage, Mt. Juliet, and Nashville.
- Located in a fast‑growing area with strong demand, evidenced by a new 400+ unit single‑family neighborhood under construction directly across from the property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 37076, TN
39,326
Population
19,235
Households
2
Avg Household Size
37
Median Age
40%
College-Educated
95%
High-School Grad
27.8 sq mi
ZIP Area
1,415
Density / Sq Mi
$74,555
Median Household Income
$50,286
Median Earnings
$1,438
Median Rent
$348,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved 44-unit development site near I-40 in Hermitage, TN.
Where is this residential land & home lot located?
The property is located at 1160 Tulip Grove Rd Hermitage, TN.
What is the asking price?
The asking price for this property is $1,210,000.
What are key features of this property?
This property features: Fully approved 44‑unit Specific Plan (SP) with a mix of 38 detached and 6 attached homes, ready for immediate development.; Strategically located less than one mile from I‑40, providing convenient access to Hermitage, Mt. Juliet, and Nashville.; Located in a fast‑growing area with strong demand, evidenced by a new 400+ unit single‑family neighborhood under construction directly across from the property.
