$1,750,000
For Sale

1160 Tulip Grove Rd

Hermitage, TN 37076
Listing OfficeCompass RE
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover an exceptional development opportunity in the heart of one of the fastest-growing areas near Nashville. This fully approved 44-unit Specific Plan (SP) offers a mix of 38 detached and 6 attached homes, all thoughtfully designed with rear-loaded 2-car garages. Strategically located less than one mile from I-40, this site provides unmatched convenience to both Hermitage and Mt. Juliet, two thriving communities known for their vibrant growth, amenities, and proximity to Nashville’s downtown core. Situated just minutes from shopping, dining, and entertainment options, this property is ideally located for both builders and investors. Residents will enjoy easy access to local favorites like Percy Priest Lake for outdoor recreation, The Hermitage Golf Course, and top-tier retail hubs such as Providence Marketplace in Mt. Juliet. The property is also just a short drive from Nashville International Airport, making it perfect for those seeking a blend of suburban comfort and metropolitan connectivity. Directly across from this property, a new 400+ unit single-family neighborhood is currently under construction, signaling strong demand and a promising investment landscape. Whether you’re considering this project as a build-to-rent community or as a build-and-sell development, the numbers make sense, and the potential for return on investment is substantial. Links to the Specific Plan (SP) documents and other project details are available in the attached files for your review. Don’t miss this rare chance to create a thriving residential community in one of the region’s most desirable areas. Contact us today for more information!

  • Property Details
      • High SchoolMcGavock Comp High School
      • SubdivisionHermitage / Tulip Trace
      • Middle SchoolDuPont Tyler Middle
      • CountyDavidson County, TN
      • Elementary SchoolDodson Elementary
      • Utility FeaturesWater Available
      • Sewer InformationPublic Sewer
      • Original List Price$1,750,000
      • Property TypePurchase
      • Lot DescriptionCleared
      • MLS #2776543
      • Cost1750000
      • MLS #2776543
      • Utility SourcePublic
      • Taxes Annual$4,831
      • Property SubtypeLand
      • Acres3.8

Location

Shane Lame | Forward RealtyThe Legacy Team
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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