Austin Heithcock

$6,900,000

9.28 Acres

Nashville, Tennessee, 37209

Fully Entitled, Permit-Ready 128-Unit Development SiteFlexible Business Plan – Multiple Execution PathsStrategic Location with Direct Connectivity to West Nashville & Outdoor AmenitiesHighly Constrained, High-Income Submarket with Strong Demand FundamentalsInstitutional Scale Creation Opportunity – Assemblage & Density Upside40 detached single-family homes and 84 apartments or condosHomes can be for sale or for rent.Development Site is being offered as Phase II of thesuccessfully completed Sage Run community, where PhaseI townhomes have been fully built and sold. The offeringprovides immediate continuity of an established residentialenclave, with the buyer assuming control of the existing HOAgoverning Phase I. Alternatively, a developer can modify thesite plan to construct a new unit mix to include all townhomes(BTR) or even a traditional multifamily development.The Property is uniquely positioned as a shovel-readydevelopment opportunity (in its current layout) in a submarketwhere entitled land is scarce and demand remainsexceptionally strong. With an approved SP, completedarchitectural plans, and site work pricing already in place, adeveloper can materially accelerate the timeline to verticalconstruction and mitigate entitlement and predevelopment risk.Located along River Road just off Charlotte Pike, the sitebenefits from seamless connectivity to West Nashville’s primaryretail and employment corridors, while also offering directaccess to the Brookmeade Park, Greenway and CumberlandRiver—an increasingly valuable amenity that differentiates theproject from competing developments.The combination of entitlement certainty, location quality,product flexibility, and expansion potential positions SageRun as one of the most compelling residential developmentopportunities currently available in the West Nashville /Hillwood / Bellevue corridor.