Active
7220 Charlotte Pike
Nashville TN, 37209
$8,650,000
$1,423.17 per sqft
Active
6,078 sqft
Commercial
Built in 1958
Prime Redevelopment Opportunity to acquire a fully entitled 4.24-acre portfolio, approved for 228 units with a total Gross Building Area (GBA) of 220,000 SF. This offering includes (Parcel 1) 1.34 acres with 53 units approved under a Specific Plan (SP). GBA: 90,000 SF. (Parcel 2) 2.90 acres with 175 units approved under Mixed-Use Multi-Family (MUL-A) zoning. GBA: 130,000 SF. Metro's collective approval allows for up to 228 units across both parcels, with a combined GBA of 220,000 SF on 4.24 acres of contiguous development land. Key Highlights: 891 feet of prime road frontage along Charlotte Pike. No sidewalk requirement on Charlotte Pike--a significant cost-saving advantage. Located within a major retail corridor featuring Walmart, Lowe's, Target, Dick's Sporting Goods, and more, all within a 1/2 mile radius. Directly across from the Summit West and Novel West Apartments. Entitlements: Parcel 1 (SP): Approved on October 22, 2022. Parcel 2 (MUL-A): Approved on August 15, 2023.
2688834
MLSⓇ ID
August 7, 2024
Listed
October 2, 2024
Updated
Map
7220 Charlotte Pike
Nashville TN, 37209
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
4.24 Acres
Roof
Shingle
Other Property Details
Days on Market
8
Garage
No
Parking Total
0
View
No
County
Davidson County, TN
Pool
No
Zoning
SP & MULA
Listed by Linda Byrd, NextHome Music City Realty
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