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316 Homestead Rd 1.56 Acres of Commercial Land Offered at $2,449,840 CAD in Nashville, TN 37207

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INVESTMENT HIGHLIGHTS

Fully entitled, shovel-ready 23 townhome development opportunity
Grading permit already approved, allowing for immediate groundbreaking
Surveys, utility plans, environmental, geotech reports, and proformas all included

Ideally situated on ±1.56 acres in desirable East Nashville submarket
Architectural, civil, and engineering plans in place and ready to go
Water, sewer, and electrical service already on site, reducing timelines and risk

EXECUTIVE SUMMARY

SVN Accel Commercial Real Estate is pleased to present a fully entitled, shovel-ready opportunity to develop 23 townhomes in the highly desirable East Nashville submarket. Ideally situated on ±1.56 acres, this site comes complete with grading permits already approved, and full architectural, civil, and engineering plans in place — allowing you to break ground immediately.
The CS (Commercial Services) zoning provides flexibility for short-term rental use and other commercial applications, adding an additional layer of income potential.

316 Homestead Rd - OM

20220203_2022-11-16_FH Flow Test Results (2)

316Homestead_Proforma (1)

316 Homestead Rd Nashville TN 37207 4_4

Tier 1 - 4 Bedroom

THE ORION - INTERIOR SELECTIONS

L1.0 LANDSCAPE PLAN (1)

Homestead Proforma Data

Homestead 5 unit 4_4_24 (1)

PROPERTY FACTS

Price	$2,449,840 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units Apartment Units - Condo
No. Lots	1	Total Lot Size	1.56 AC
Property Type	Land	No. Stories	1
Zoning	CS - The CS (Commercial Services) zoning provides flexibility for short-term rental use and other commercial applications.

Price	$2,449,840 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units Apartment Units - Condo
Total Lot Size	1.56 AC
No. Stories	1
Zoning	CS - The CS (Commercial Services) zoning provides flexibility for short-term rental use and other commercial applications.

1 LOT AVAILABLE

Lot

Price	$2,449,840 CAD	Lot Size	1.56 AC
Price Per AC	$1,570,410.04 CAD

Price	$2,449,840 CAD
Price Per AC	$1,570,410.04 CAD
Lot Size	1.56 AC

The property is sold with all surveys, utility plans, environmental/geotech reports, and proformas. Water, sewer, and electrical services are already on site, reducing timelines and risk.

DESCRIPTION

SVN Accel Commercial Real Estate is pleased to present a fully entitled, shovel-ready opportunity to develop 23 townhomes in the highly desirable East Nashville submarket.

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