7220 Charlotte Pike
Nashville, TN 37209
beds - 0 baths - 0.00 sqft - 4.24 acres
MLS Updated 20 minutes ago - MLS #: 2688834
Active
$8,650,000.00
Est. Mortgage $41,748.79 - First on site 3 months ago
About
Prime Redevelopment Opportunity to acquire a fully entitled 4.24-acre portfolio, approved for 228 units with a total Gross Building Area (GBA) of 220,000 SF. This offering includes (Parcel 1) 1.34 acres with 53 units approved under a Specific Plan (SP). GBA: 90,000 SF. (Parcel 2) 2.90 acres with 175 units approved under Mixed-Use Multi-Family (MUL-A) zoning. GBA: 130,000 SF. Metro's collective approval allows for up to 228 units across both parcels, with a combined GBA of 220,000 SF on 4.24 acres of contiguous development land. Key Highlights: 891 feet of prime road frontage along Charlotte Pike. No sidewalk requirement on Charlotte Pike—a significant cost-saving advantage. Located within a major retail corridor featuring Walmart, Lowe's, Target, Dick's Sporting Goods, and more, all within a 1/2 mile radius. Directly across from the Summit West and Novel West Apartments. Entitlements: Parcel 1 (SP): Approved on October 22, 2022. Parcel 2 (MUL-A): Approved on August 15, 2023.
Property Info
Location Information
- Latitude: 36.1239582
- Longitude: -86.9126954
- Subdivision:
- Directions: From Nashville take 440 West toward Memphis, 1.4 miles to I-40W for 4.7 miles to Exit 201 Charlotte Pike, take right turn for 08 miles on Charlotte Pike, the property is on the right 7220 Old Charlotte Pike, Nashville TN 37209 across from Summit West Apts
Interior Features
- Bedroom 1 Dimensions:
- Bedroom 2 Dimensions:
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- Bedroom 4 Dimensions:
- Interior:
- 1/2 Baths:
- Dining Room Description: ,
- Den: ,
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- Kitchen Description: ,
- Has Fireplace: NO
- Number of Fireplaces:
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- Basement Description:
Exterior Features
- Style:
- Stories:
- Is New Construction: NO
- Construction:
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- Septic or Sewer:
- Water:
- Has Garage: NO
- Garage Spaces:
- Attached Garage: NO
- Fencing:
- Patio / Deck Description:
- Has a Pool: NO
- Pool Description:
- Lot Description:
- Lot Size in Acres: 4.24
- Waterfront: NO
School Info
- Elementary School:
- Junior High School:
- High School:
Additional Information
- Property Type: Commercial Sale
- Property Sub Type: Unimproved Land
- Year Built: 1958
- Tax Amount: $0.00
- Listing Office: NextHome Music City Realty
- Listing Agent: Linda Byrd
Based on information submitted to the MLS GRID as of 2024-11-23T07:06:22+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information