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7220 Charlotte Pike - Multi-Fam. Entitled (SP) 53 Units+ W. Nash. 1.34 Acres of Commercial Land Offered at $3,199,000 in Nashville, TN 37209



Investment Highlights
- Heavy Traffic Corridor with Big Box Retailers- 1/2 Mile to Walmart/Lowes, 1 mile to Nashville West- Target, Costco, Dicks Sporting Goods Major Retail
- PRIME ROAD FRONTAGE: 891 Feet (Charlotte Pike)
- Close proximity Charlotte Pike I-40 EXIT 201 (3/4 mile)
Property Facts
1 Lot Available
Lot
| Price | $3,199,000 | Lot Size | 1.34 AC |
| Price Per AC | $2,387,313.43 |
| Price | $3,199,000 |
| Price Per AC | $2,387,313.43 |
| Lot Size | 1.34 AC |
Level lot and partial gently sloping.
Description
Fully entitled (SP) approved development opportunity for a (53) unit multi-family For Rent-Apartments or For Sale-Condominium project. Planned improvements include (4) residential stories above street level, plus (1) level of tuck-under parking and additional surface parking. Detailed site plan and scaled building renderings available. Strategically positioned at the gateway to a major retail corridor, the property is located approximately 1/2 mile from Walmart, Lowes, 1-mile from Nashville West Shopping Center featuring Target, Best Buy, Old Navy, World Market, DICK'S Sporting Goods, retail corridor. Surrounded by established multi-family communities including Summit West, Sterling West, and Camden West Apartments. This site offers strong visibility and immediate proximity to existing residential demand drivers and transit. Zoned SP and fully entitled for (53) units, with potential for up to 102,000 SF GBA based on FAR 1.75, situated on approximately 1.34 acres. Property fronts 0 Charlotte Pike, directly across from The Summit at Nashville West Apartments.Link to Approved SP Bill: https://nashville.legistar.com/ViewReport.ashx?M=R&N=Master&GID=787&ID=5808027&GUID=08B9D6B8-A51F-4E0A-B21B-7FC5FCA24EB4&Extra=WithText&Title=Legislation+Details+(With+Text) *LOCATION: 0 Charlotte Pike, Nashville TN 37209 Directions: GPS 7220 Charlotte Pike, Nashville TN 37209 *TOTAL UNITS: 53 Units *ACRES: 1.34/AC *GBA: Up to 102,000/SF. *MAX HEIGHT: (4) Residential Stories plus (1) Level of Tuck Under and Surface Parking *Parking: 88 Spaces, mixed with Tuck Under and Surface Parking *FAR: (1.75) *ZONING: SP *ZONING USE: Multi-Family Zoning Approval (For Rent Apartment or For Sale Condo allowed) *PARCEL: (SP) Fully Entitled as of Oct. 2022 *PRIME ROAD FRONTAGE: 891 Feet (Charlotte Pike) *8 miles to Downtown Nashville! *Bordering Multi-Family Apartments: Summit at Nashville West, Camden West Nashville, Sterling Nashville West *Access & pass through, provides both Ingress/Egress from Charlotte Pike and to the rear of Old Charlotte Pike.
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7220 Charlotte Pike - Multi-Fam. Entitled (SP) 53 Units+ W. Nash.
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