303 Old Mount Juliet Rd Mt. Juliet, TN 37122
- Commercial real estate
- 8.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 303 Old Mount Juliet Rd
- Lot size
- 8.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8-acre commercial land parcel presents a remarkable investment opportunity in Mt. Juliet, Tennessee. Located within the city's Town Center Development Area, this fee-simple property is zoned for a variety of uses, including office, retail, or mixed-use developments, subject to city approvals. The site offers significant potential for developers seeking to capitalize on Mt. Juliet's explosive growth. With a price of $2,950,000, or $368,750 per acre, this land represents a strategic investment in a thriving community. Mt. Juliet boasts a robust economy, a rapidly expanding population (39,289 residents as of the 2020 Census), and a strategic location with easy access to major interstates (I-40, I-24, I-65, and I-840), placing it within a day's drive of over half the US population. The city's low tax rates, modern infrastructure, and proximity to Nashville International Airport further enhance its appeal. Mt. Juliet also benefits from a highly skilled workforce and a thriving retail sector, including one of the largest shopping complexes between Nashville and Knoxville. This property's location within the Town Center Development Area positions it for significant future appreciation, making it an ideal choice for discerning investors seeking high-growth potential in a desirable Tennessee market. The property's size and zoning flexibility allow for a wide range of development possibilities, catering to diverse commercial needs. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with exceptional long-term prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mt. Juliet
- County
- Wilson
- State
- Tennessee
- Longitude
- -86.5149368
- Latitude
- 36.2213455