Approved Multifamily Development
For Sale
$1,550,000
5215 Blue Hole Rd, Antioch, TN 37013
4-acre parcel approved for 60-unit multifamily development in Antioch, TN.
Property SizeContact for details
Lot Size4.00 Acres
Days on Market578
Property Features for 5215 Blue Hole Rd
General Information
Standard status
Active
Lot size
4.00 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$1,165
Amenities
Hilly
Listing Agency:
COMPASS RE
(615) 475-5616
Listed By:
BRANDON C. KNOX
Source:
Corcoran
Added: Jan 7, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:46AM
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.
Located in Antioch, Tennessee, this 4-acre parcel is zoned RM15 and approved for a 60-unit multifamily development. Grading permits have been issued under older regulations. Full sewer and water capacity fees exceeding $200,000 have been prepaid. The development features two unit types: 24 three-story residences with 2-car garages and 36 surface-parked units. Units can be configured as 3 or 4 bedrooms. This project is suited for build-to-rent or build-to-sell strategies. The property is near major retailers such as Target, Walmart, and Costco, and the Tanger Outlets. Recreational opportunities include a family golf and driving range complex. Significant developments like Century Farms and the Global Mall at the Crossings are nearby. With access to I-24 and the Bell Road exit, the location provides connectivity to Brentwood, Antioch, and downtown Nashville. The seller is open to considering owner financing for qualified buyers with a substantial down payment.
Key Highlights
- Shovel‑ready 4‑acre parcel approved for a 60‑unit multifamily development.
- Prepaid sewer and water capacity fees exceeding $200,000, reducing upfront development costs.
- Grading permits are already issued and grandfathered under older regulations, saving significant time and money.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 37013, TN
96,379
Population
41,112
Households
2.3
Avg Household Size
32
Median Age
30%
College-Educated
84%
High-School Grad
39.2 sq mi
ZIP Area
2,459
Density / Sq Mi
$72,233
Median Household Income
$40,747
Median Earnings
$1,450
Median Rent
$294,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 4-acre parcel approved for 60-unit multifamily development in Antioch, TN.
Where is this residential land & home lot located?
The property is located at 5215 Blue Hole Rd Antioch, TN.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Shovel‑ready 4‑acre parcel approved for a 60‑unit multifamily development.; Prepaid sewer and water capacity fees exceeding $200,000, reducing upfront development costs.; Grading permits are already issued and grandfathered under older regulations, saving significant time and money.
