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5081 Port Royal Rd
Spring Hill, TN 37174
332k/SF, 17.37AC. Entitled, Mixed-use PUD · Land For Sale · 17.37 AC

INVESTMENT HIGHLIGHTS

  • High Traffic Corridor ideal for this Live/Work Concept with walkable community plan.
  • Utilities on Site. Advanced Impact Fees negotiated with the City in Lieu of Off-Site Improvements
  • Interstate Access: Direct access to two major interchanges of Saturn Pkwy. and current under construction Exit 56 from I-65.
  • Entitlement includes: Residential/Retail/Restaurant/Office: Commercial PUD allows 18 Units per acre (17.37AC)
  • Conveys Fee Simple with Full Set of Architect and Engineering Plans
  • Retailers: Target, ULTA, Sephora, Kroger Strip Center, Pending Publix Development, Vanderbilt Medical/Children’s Hospital, Maury Regional

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Restaurant
Total Lot Size 17.37 AC
No. Stories 1
Zoning CS Mixed-Use - Multi-Family Mixed-Use PUD

DESCRIPTION

Acres: 17.37 Acres Terrain: Flat, some slope at the rear of the property. Location: Easy 3 min. Access to Saturn Pkwy, and 5 minutes to I-65 extension/Exit 56 currently under construction. Close Proximity to existing retail and major medical. Commercial PUD allows 18 Units per acre. Potential modification to 235 units w/40k sf. Retail. Entitlement Date: Commercial PUD (Fully renewed entitlement as of October 17, 2022. Grading permit can be applied for immediately and obtained within 30 days of application Entitlement includes: Residential/Retail/Restaurant/Office: 207 Unit Residential Apartments | 62,000sf. Retail GBA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
028-005.02
Land Assessment
$454,320
Improvements Assessment
$16,360,040
Total Assessment
$16,814,360
  • Listing ID: 28645031

  • Date on Market: 6/2/2023

  • Last Updated:

  • Address: 5081 Port Royal Rd, Spring Hill, TN 37174

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