9.28 Acres of Land for Sale in Nashville, Tennessee

price

$6,900,000|Listed: Jun 10, 2026

MLS#37286321

location

5754 River Rd, Nashville, Tennessee

Status:Active

Property Type

    Acreage

    9.28 acres

    Format

    Sale

    Description

    Fully Entitled, Permit-Ready 128-Unit Development Site

    Flexible Business Plan – Multiple Execution Paths

    Strategic Location with Direct Connectivity to West Nashville & Outdoor Amenities

    Highly Constrained, High-Income Submarket with Strong Demand Fundamentals

    Institutional Scale Creation Opportunity – Assemblage & Density Upside

    40 detached single-family homes and 84 apartments or condos

    Homes can be for sale or for rent.

    Development Site is being offered as Phase II of the

    successfully completed Sage Run community, where Phase

    I townhomes have been fully built and sold. The offering

    provides immediate continuity of an established residential

    enclave, with the buyer assuming control of the existing HOA

    governing Phase I. Alternatively, a developer can modify the

    site 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-ready

    development opportunity (in its current layout) in a submarket

    where entitled land is scarce and demand remains

    exceptionally strong. With an approved SP, completed

    architectural plans, and site work pricing already in place, a

    developer can materially accelerate the timeline to vertical

    construction and mitigate entitlement and predevelopment risk.

    Located along River Road just off Charlotte Pike, the site

    benefits from seamless connectivity to West Nashville’s primary

    retail and employment corridors, while also offering direct

    access to the Brookmeade Park, Greenway and Cumberland

    River—an increasingly valuable amenity that differentiates the

    project from competing developments.

    The combination of entitlement certainty, location quality,

    product flexibility, and expansion potential positions Sage

    Run as one of the most compelling residential development

    opportunities currently available in the West Nashville /

    Hillwood / Bellevue corridor.

    Listing Agent

    img

    Austin Heithcock

    company

    Capstone Apartment Partners

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