MIDDLE TENNESSEE REAL ESTATE MIDDLE TENNESSEE REAL ESTATE
321 Larkin Springs Rd TN 37115 For Sale -

321 Larkin Springs Rd, Madison, TN 37115 For Sale

$4,000,000

Description

This Property combined 3 Parcels of Raw Land ONLY ( MUL-A ZONING ) which has NO restrictions on building 70 separate units of NON OWNER OCCUPIED SHORT TERM RENTALS or STR's or you could build Apartments with this current zoning. 5.95 acres Plans are fully approved by Metro for 70 units of Townhomes. PLUS there are 3 parcels to build single family homes that cannot be Short Term Rentals . For a Total of 73 units. (70 Townhomes and 3 single family homes )on all 3 parcels. We have all engineered drawings from Dale and Associates. We also have bids from our dirt and infrastructure contractors and bids to construct the vertical buildings. From those bids we feel the cost will be105k per build ready pads (built in 4 separate phases) that includes the land and infrastructure. #1 Phase is 17 Units. This is an extremely different kind of land because land zoned MUL-A is normally apartment developments. I would Possibly be interested in a partnership/JV

Property Details

  • Status : Active

  • Address : 321 Larkin Springs Rd Madison TN 37115

  • County : Davidson County, TN

  • Property Type : Residential Income

  • Area :

  • Year Built : 2024

  • Exterior Construction : Other

  • Schools near 321 Larkin Springs Rd, Madison, TN 37115 :

  • Neely's Bend Elementary, Madison Middle, Hunters Lane Comp High School

Additional details

  • Heating : Yes

  • Parking Features : Attached - Rear

  • Lot Size Dimensions : 227 X 734

  • Property Attached : Yes

  • Office Phone : 8885195113

  • Possession : Close Of Escrow

  • Cooling : 1

  • Garage Spaces : 2

  • New Construction : 1

  • Levels : Three Or More

  • Stories : 1

  • Utilities : Water Available

  • Parking Space : 2

  • Sewer : Public Sewer

Location 321 Larkin Springs Rd, TN 37115

Directions to 321 Larkin Springs Rd, TN 37115

It's 4 miles from The Home Depot in East Nashville to the property, Go Gallitan Pike 3.3 miles out of East Nashville Toward Madison Tn, Turn Right on Neely's Bend go 1.6 miles , Turn Left on Larkin Springs, Land is Half a mile down on the right

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