$1,550,000
For Sale

5215 Blue Hole Rd

Antioch, TN 37013
Listing OfficeCompass RE
Browse 17 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Introducing an exceptional investment opportunity at 5215 Blue Hole Rd in Antioch, Tennessee—a rapidly growing suburb of Nashville. This 4-acre parcel is zoned RM15 and comes with approval for a 60-unit multifamily development, making it truly shovel-ready. Grading permits are already issued and grandfathered under older regulations, saving significant time and money. Additionally, full sewer and water capacity fees exceeding $200,000 have been prepaid, reducing upfront costs. The property features two thoughtfully designed unit types: 24 three-story residences with 2-car garages and 36 surface-parked units. Units can be configured as 3 or 4 bedrooms, offering flexibility to meet market demands. This project is ideal for build-to-rent or build-to-sell strategies, catering to a variety of potential tenants or buyers. Conveniently located near major retailers such as Target, Walmart, and Costco, as well as the recently opened Tanger Outlets with over 60 brand-name stores and dining options, the property offers unmatched accessibility. Nearby recreational opportunities include a family golf and driving range complex, while significant developments like Century Farms and the Global Mall at the Crossings add to the area’s appeal. With easy access to I-24 and the Bell Road exit, this location provides seamless connectivity to Brentwood, Antioch, and downtown Nashville, making it a prime choice for developers seeking to capitalize on the area’s rapid growth. The seller is open to considering owner financing for qualified buyers with a substantial down payment. A drone video is available upon request, showcasing the property's layout and surroundings. Don’t miss this rare opportunity to develop a ready-to-build project in one of Nashville’s fastest-growing corridors.

  • Property Details
      • Elementary SchoolHenry C. Maxwell Elementary
      • Middle SchoolThurgood Marshall Middle
      • High SchoolCane Ridge High School
      • CountyDavidson County, TN
      • Utility FeaturesWater Available
      • Sewer InformationPublic Sewer
      • Original List Price$1,550,000
      • Property TypePurchase
      • SubdivisionAntioch
      • MLS #2775381
      • Cost1550000
      • MLS #2775381
      • Utility SourcePublic
      • Taxes Annual$1,165
      • Lot DescriptionHilly
      • Property SubtypeLand
      • Acres4

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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annually
$
monthly

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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Loan Amount
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