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441 Hickoryview Dr - Premier Multi-Family Land 5.54 Acres of Residential Land Offered at $2,500,000 in Nashville, TN 37211

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INVESTMENT HIGHLIGHTS

  • Prime Location: The 5.54-acre site is located at the northwest corner of Old Hickory Blvd and Nolensville Road in Southeast Nashville
  • Excellent Multi-Family or Townhome development site
  • Strong Market Fundamentals: The Southeast Nashville submarket is projected to experience robust rent growth

EXECUTIVE SUMMARY

*Contact broker for information regarding opportunity to re-zone to multi-family (+/- 250 units).

PROPERTY FACTS

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 5.54 AC
Zoning RM15 - ** please note the owner has engaged an architecture firm that has already interfaced with the city about getting the property rezoned under an SP zon

1 LOT AVAILABLE

Lot

Price $2,500,000
Price Per AC $451,263.54
Lot Size 5.54 AC

Premier Multi-Family Land

DESCRIPTION

The Hickoryview Development Site is a prime 5.54-acre multifamily development opportunity in Southeast Nashville, nestled at the northwest corner of Old Hickory Blvd and Nolensville Road. Zoned RM-15 for Medium-High Density Residential, the site is ready to be approved for ±200 residential units, offering a rare chance to build in a high-barriers-to-entry submarket. The proposed development features two five-story residential buildings above one-floor parking podiums, with a total of 297 units, including studios, one-bedroom, and two-bedroom layouts. The thoughtfully designed unit mix caters to diverse resident needs, with an average unit size of 816 square feet. In addition to its strategic location near major employment hubs, the property offers direct access to necessity-based retail and three major grocers — Kroger, Publix, and Sprouts — all within two miles. The Southeast Nashville submarket is poised for significant rent growth, positioning Hickoryview as an attractive investment in a rapidly expanding area. This is a rare opportunity to develop in one of Nashville’s most sought-after submarkets, combining prime location, modern design, and strong market fundamentals. The site is surrounded by over 12.2 million square feet of office space within a five-mile radius, making it an ideal location for professionals seeking a live-work-play environment. ** please note the owner has engaged an architecture firm that has already interfaced with the city about getting the property rezoned under an SP zoning to allow for higher density multi-family

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
161-00-0-194
Land Assessment
$1,200,000
Improvements Assessment
$0
Total Assessment
$1,200,000
  • Listing ID: 34641978

  • Date on Market: 1/29/2025

  • Last Updated:

  • Address: 441 Hickoryview Dr, Nashville, TN 37211

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