For Sale

0 Spring Branch Drive

Parcel ID 03403006400 | Madison, TN , US

price$6,235,000
property typeCommercial Sale

highlights

23 Build Ready Residential Lots in high demand, low inventory Nashville market Deliverable by 3rd Qtr. 2022

property
details

STATUSActive
SALE PRICE PER UNIT$6,235,000
PROPERTY TYPECommercial Sale
LOT SIZE12.6 acres
SALE PRICE$6,235,000
ZONINGR20
DAYS ON MARKET420

property
description

23 build Ready Lots Deliverable by 3rd Quarter 2022. The site is currently under construction and is proposed for a 28-unit residential subdivision that will be known as Spring Branch. The tract currently has much progress toward completion and Plat recording. All site work is anticipated to be complete by August 1, 2022 at which point vertical construction can begin. The property is approved and planned for construction of 28 residential homes, 18 of which will be detached single family homes and 10 which will be duplex units. The Planned home sizes range from 1, 608 SF to 3, 078 SF with an average home size of 2, 077 SF. Owner/Developer will consider partnering with an experienced home builder.

location
description

Parcel ID 03403006400 | Madison, TN , US

The subject property represents a 12.61798-acre Opportunity Zone tract of residential land located in Madison (Metro Nashville), Davidson County, Tennessee. The Nashville-Davidson-Murfreesboro-Franklin, TN is a significant metropolitan area in the state of Tennessee. The area’s low costs of living and doing business coupled with a diverse culture and a well-educated population base should continue to attract residents and businesses to the region. Cultural, social, recreational, and educational opportunities are readily available to the influx of new households into the region. Recent statistics for the are indicates growth and the region has a secure economic outlook in the long run.

Dana Berggren

Dana Berggren

NV #B.0055006.LLC
(702) 326-3535

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