7220 Charlotte Pike Nashville, TN 37209
4.24 acres approved for 228 units near retail corridor.
Type:Land, Mixed Use, Multifamily
Property size:
6,078 SFLot size:
4.24 Acres- Added:
- May 18, 2023
- Days on Market:
- 1077
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 7220 Charlotte Pike
General Information
- Standard status
- Active
- Size
- 6,078 SF
- Lot size
- 4.24 Acres
- Property subtype
- Land, Mixed Use, Multifamily
Listing agent Linda Byrd License #TN 32792
Listing office NextHome Music City Realty
Listing date May 18, 2023
Source Crexi
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 NextHome Music City Realty
Overview
Entitled Land Redevelopment Opportunity
This 4.24-acre portfolio of parcels presents a redevelopment opportunity. The site is fully entitled for 228 units, with a gross building area of 220,000 square feet. The parcel assemblage includes 1.34 acres with (SP) zoning and 2.9 acres with (MUL-A) mixed-use/multi-family zoning. An existing 6,078-square-foot commercial building is present for teardown. The (SP) approved plan for Parcel 1 (1.34 acres) allows for 53 units and a 90,000-square-foot gross building area. Parcel 2 (2.9 acres) is fully entitled (MUL-A) for mixed-use, multi-family development with 175 units and a 130,000-square-foot gross building area. Metro's approval allows for a larger footprint and higher density of up to 228 units. The property features 891 feet of road frontage along Charlotte Pike, and no sidewalk is required. Located in a major retail corridor, the property is within a 1/2 mile radius of Walmart, Lowe's, Target, and Dick's Sporting Goods. It is located across from Summit West and Novel West Apartments. The 1.34/AC (SP) approval was achieved October 22, 2022, and the 2.90/AC (MUL-A) approval was achieved August 15, 2023. The property is located in Nashville, Tennessee, and is 8 miles from Downtown Nashville. The property is surrounded by existing multi-family apartments, such as Summit at Nashville West, NOVEL West Nashville, and Sterling Nashville West.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
VFW Post 1970
Advocacy Group
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.9113164
- Latitude
- 36.124289
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 4.24 acres approved for 228 units near retail corridor.
Where is this commercial land located?
The property is located at 7220 Charlotte Pike Nashville, TN.
What is the asking price?
The asking price for this property is $8,550,000.
What are key features of this property?
This property features: Fully Entitled for 228 Units on 4.24 Acres: Approved for immediate development.; Mixed‑Use/Multi‑Family Zoning: Offers flexibility.; Prime Location: Situated in a high‑traffic retail corridor near major retailers and close to Downtown Nashville (8 miles).
