Reduced Price on Excellent Residential Land

Vacant Land for Sale
Reduced Price on Excellent Residential Land
Catylist Listing ID: 30466495
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 40.34 Acres
Sale Price: $1,100,000
Unit Price: $27,268 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/31/2019

Overview / Comments

Recently reduced by $850K! Motivated seller due to another business opportunity! 45 +/- level acres for Residential Development conveniently located near I-40/Beckwith Road exit. Land is near several higher end subdivisions. Potential for Mixed Use with Multifamily and free standing Single Family Homes. Owner to run sewer to the property with an acceptable offer.

Additional Details

Nearest MSA: Nashville-Davidson--Murfreesboro--Franklin
County: Wilson
Taxing Authority: Mt. Juliet in Wilson County Tennessee
Property Visibility: Good
Largest Nearby Street: My. Juliet TN
Airports: Reasonable commute to BNA
Site Description: Level, mostly cleared
Area Description: Located near several higher end developments, easy access to I-40 near Beckwith Road exit.
Lot Frontage: Full frontage onto South Posey Hill
Zoning Description: R-1
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,886 31,092
Median Age: 37.98 40
Households: 3,547 11,578

Contact

Photograph of Listing Agent

Phil E. Dildine

Morris Properties, Inc. Realtors Greater Nashville CIE Member
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