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Listed by Brandon C. Knox • Compass RE
$1,210,000
Est. payment /mo
3.8 Acres Lot
Active
1160 Tulip Grove Rd Hermitage, TN 37076
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hermitage / Tulip Trace
MLS Listing ID 3135287
HOA Y/N No
Annual Tax Amount $4,831
Lot Size 3.800 Acres
Acres 3.8
Property Description
Rare SHOVEL-READY residential development opportunity in Nashville's rapidly growing eastern corridor. This fully approved 44-unit Specific Plan (SP) provides regional and national builders the opportunity to acquire a thoughtfully planned community with entitlement risk substantially removed and a clear path toward development. Approved for 38 detached and 6 attached residences, the plan features rear-loaded 2-car garages and a product mix well positioned for either build-and-sell or build-to-rent execution.
Less than one mile from I-40, the site offers exceptional regional connectivity with convenient access to Hermitage, Mt. Juliet, Downtown Nashville and Nashville International Airport. The surrounding area continues to experience significant residential and commercial investment, with a new 400+ home community currently under construction directly across from the property, further demonstrating builder confidence and continued housing demand within the immediate corridor.
Future residents will be minutes from major employment, retail, dining and recreation, including Providence Marketplace, Percy Priest Lake and Hermitage Golf Course, while maintaining convenient access to Nashville's urban core.
For builders seeking meaningful unit count without the lengthy entitlement process typically associated with larger Nashville development opportunities, this is a compelling chance to secure 44 approved homesites in an established growth corridor. The combination of scale, approved density, multiple product types, interstate proximity and surrounding development creates an opportunity for an experienced builder to move efficiently toward execution.
Specific Plan documents and additional development materials are available in the attached files. An exceptional opportunity to acquire a shovel-ready Nashville project and bring 44 new residences to market.
Less than one mile from I-40, the site offers exceptional regional connectivity with convenient access to Hermitage, Mt. Juliet, Downtown Nashville and Nashville International Airport. The surrounding area continues to experience significant residential and commercial investment, with a new 400+ home community currently under construction directly across from the property, further demonstrating builder confidence and continued housing demand within the immediate corridor.
Future residents will be minutes from major employment, retail, dining and recreation, including Providence Marketplace, Percy Priest Lake and Hermitage Golf Course, while maintaining convenient access to Nashville's urban core.
For builders seeking meaningful unit count without the lengthy entitlement process typically associated with larger Nashville development opportunities, this is a compelling chance to secure 44 approved homesites in an established growth corridor. The combination of scale, approved density, multiple product types, interstate proximity and surrounding development creates an opportunity for an experienced builder to move efficiently toward execution.
Specific Plan documents and additional development materials are available in the attached files. An exceptional opportunity to acquire a shovel-ready Nashville project and bring 44 new residences to market.
Location
State TN
County Davidson County
Zoning SP
Interior
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Lot Description Cleared
Sewer Public Sewer
Water Public
Schools
Elementary Schools Dodson Elementary
Middle Schools Dupont Tyler Middle
High Schools Mcgavock Comp High School
Others
Senior Community false
Special Listing Condition Standard
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