Mixed-Use Land for Sale in Nashville

4234 Murfreesboro Road, La Vergne, TN 37086

Beau Beach, MBA CCIM presents:

Great location + Great price + Great zoning + Reasonable seller = Great opportunity

Great location

It’s well known that Walgreens owns many of the best locations across this country.  Walgreens is located a few hundred feet away.  To summarize, if Walgreens is your neighbor…you have an A+ location.

Note:  This property has a La Vergne address but is located within Nashville and controlled by Nashville.

Located at the attractive entrance of the large Hickory Woods residential neighborhood.  Neighboring businesses include Walgreens, KFC, Mister Car Wash, Matco Tools, Greener Way Garden Center, 7Eleven, and Regions Bank.

Great price

Priced at just $5.62/SF to ensure a timely sale!  Affordable, attractively zoned land in Nashville is hard to find and in high demand. This property is truly priced to sell.

Great zoning

Residential, multifamily and commercial uses are all possible with SP zoning.  While rezoning is possible (the adjacent nursing home was rezoned), current permitted uses include:  Mixed-use, multifamily, religious, day care, office, medical clinic, hotel, restaurant and home improvement.

A 55+ apartment community would make perfect sense given the adjacent nursing home and assisted living facilities.

SP (Specific Plan) zoning is a zoning district that provides flexibility to create developments that meet the goals and objectives of Nashville and are sensitive to the surrounding context.  The existing, approved Specific Plan is called Hickory Woods Town Center.

This Specific Plan was created a long time ago and prior to the adjacent Nursing Home attainting a rezone for their portion.  As a result there is some flexibility with Planning on what can be built as long as it stays withing the “spirit” of the SP.  This can only be determined by meeting with Metro Planning.

Senior housing defined as Nursing Home, Assisted Living and Independent Living will be deed restricted and not permitted.  Age restricted 55+ apartments are permitted.

Click here for the current permitted uses.  The plan labels the West portion of the property Sub District #1 and the East portion Sub District #2…with green space along the creek.

Click here for all the details of Hickory Woods Town Center Specific Plan.

Reasonable Seller

Seller is experienced, reasonable and patient.  This site has manageable challenges including floodplain and overhead powerlines.  Seller will work with a qualified buyer and Metro to navigate these challenges.  Survey available by request.

Great opportunity

Priced to ensure a timely sale!  Most expect Nashville land values to continue to rise.  Think ahead and purchase land for your next project now.

 

4234 Murfreesboro Pike is a 8.15 acre flat, undeveloped parcel of land.  Located on the border of Nashville (Davidson County) and La Vergne (Rutherford County).  The parcel is also bordered on the South by a creek.  All utilities available to the site.  Parcel #176000033.   The seller, a senior housing developer, developed the adjacent parcels including The Bridge at Hickory Woods and Life Care Center of Hickory Woods.

This well priced parcel of land won’t last long. Don’t miss this opportunity. We’ll prepare your offer.

>> Click here to get the full Property Information Package <<

 

LOCATION DESCRIPTION

Nashville is the capital and most populous city of the U.S. state of Tennessee. The city is the county seat of Davidson County and is located on the Cumberland River. The city’s population ranks 24th in the U.S. According to 2018 estimates from the U.S. Census Bureau, the total consolidated city-county population stood at 692,587.

Located in northern Middle Tennessee, Nashville is the major city of the largest metropolitan area in Tennessee. The 2018 population of the Nashville-Davidson–Murfreesboro–Columbia combined statistical area, a larger trade area, was 2,057,416.

Since 1963, Nashville has had a consolidated city-county government, which includes six smaller municipalities in a two-tier system.

Nashville is a center for the music, healthcare, publishing, private prison, banking, and transportation industries. It is home to numerous colleges and universities, such as Tennessee State University, Vanderbilt University, Belmont University, Fisk University, and Lipscomb University.

Entities with headquarters in the city include Asurion, Bridgestone Americas, Captain D’s, CoreCivic, Dollar General, Hospital Corporation of America, LifeWay Christian Resources, Logan’s Roadhouse, and Ryman Hospitality Properties.

 

  • Price: $1,995,000 
  • Area: 8.15 Acres 
  • Phone Number: 615-200-9330 
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