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    Lakeland Dr Nashville, TN 37214

    For Sale
    $1,995,000

    Prime Nashville development land, 5 acres, R-10 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.08-acre property presents a remarkable development opportunity in Nashville, Tennessee. Located at the intersection of Elm Hill Pike and McGavock Pike, this land boasts frontage on McGavock Pike and Lakeland Dr, offering excellent visibility and accessibility. The property comprises two contiguous parcels, zoned R-10 and RS-10, allowing for a high residential density of approximately 19 units. Its strategic location provides convenient access to major transportation arteries, including I-40, Highways 155 and 255, and is only two miles from Nashville International Airport. This translates to easy commutes to downtown Nashville and surrounding areas. All essential utilities—gas, water, electric, and public sewer—are readily available on-site, eliminating significant infrastructure hurdles for new construction. The asking price is $1,995,000. This is an ideal site for builders and developers seeking to capitalize on Nashville's thriving real estate market. The property's address is 0 Lakeland Dr, Nashville, TN 37214, within Davidson County.

    Property Features for 0 Lakeland Dr

    General Information

    Property type
    Land
    Lot Size
    221,285 SF

    HighLights

    • $1,995,000 asking price.
    • 5.08‑acre residential land parcel.
    • R‑10 and RS‑10 zoning, allowing for approximately 19 residential units.
    • Located at the intersection of Elm Hill Pike and McGavock Pike, with frontage on McGavock Pike and Lakeland Dr.
    • Utilities (gas, water, electric, sewer) available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.680096947044
    Latitude
    36.154879006745

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    FAQs

    What type of property is this?
    Land - Prime Nashville development land, 5 acres, R-10 zoning.
    Where is this land located?
    The property is located at Lakeland Dr Nashville, TN.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: $1,995,000 asking price.; 5.08-acre residential land parcel.; R-10 and RS-10 zoning, allowing for approximately 19 residential units.
    (615) 475-5616
    Request Owner's contact information
    Lakeland Dr Nashville, TN 37214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lakeland Dr Nashville, TN 37214
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