526MurfPike.com | 2.8 Acres 526 Murfreesboro Pike Lot | Terrain commercial | 1,13 ha | À vendre | 6 733 500 € | Nashville, TN 37210

Beau Beach, MBA CCIM presents: This hard-to-find 2.8 acre parcel is perfect for an apartment development or other commercial uses. This prime real estate is located in the quickly gentrifying Murfreesboro Pike corridor. Traffic counts exceed 22,000 vehicles per day. Two miles or less than 10 minutes from downtown Nashville on a straight route with no need for highway driving. Less than a mile from Trevecca University. Two miles from The Gulch. Just four miles from the massive Nashville Yards development which is home to more than 3.5 million square feet of office space – including Amazon’s new Nashville HQ. Murfreesboro Pike provides spectacular amenities to future apartment residents or employees. Superb access to I-65 and I-24/I-40 means a short drive to Nashville International Airport. Zoning The buyer may choose to proceed with Specific Plan zoning approval or work within the standards set by existing zoning. The property is currently zoned CS (Commercial Services) with two overlays…OV-AIR (Airport Overlay District) and OV-UZO (Urban Zoning Overlay District). CS Zoning permits apartment development with conditions. No density or floor area ratio applies to new residential construction. The property is located in an Urban Services District which qualifies it for Metro’s “Adaptive Residential Provision”. This provision encourages adaptive reuse of commercial areas within the Urban Services District by creating a “by-right” planning phase for high density mixed-use or residential development. This expedites the zoning approval process. Visit property website for more information. Conceptual Site Plan We hired an architect to create a Site Plan that complies with all current zoning restrictions. They’ve presented 354 apartment units (10% studio, 80% one bedroom, 10% two bedroom). The apartment building would reach six stories. Apartment sizes range from 400 SF – 600 SF. They designed a standalone parking structure with 332 parking spaces (297 spaces required). The parking garage roof will also provide 3,600 SF of outdoor amenity space. Lastly, they call for a 3 story, 13,500 SF amenity building that fronts Murfreesboro Pike. This design will likely require Type 1A concrete block and precast plank construction. Priced at just $22,395 per potential unit. Conceptual Site Plan available by request. $3.1B Transit Plan Nashville’s Choose How?You?Move plan is a transformative $3.1 billion investment that promises to significantly uplift Murfreesboro Pike. As one of the city’s ten designated “All-Access Corridors”—spanning 54 miles and serving nearly 80% of transit riders—it will see upgraded transit lanes, signal-priority systems, and more frequent buses running at least every 15 minutes?. A key early action includes a new outbound bus queue-jump lane between Shumate and Edge?O?Lake, paired with a signal that lets buses bypass up to 1,400 feet of congestion, shaving off 2–4 minutes per trip and yielding an estimated 10,000 hours saved for riders?. Overall bus service along Route?55 is being ramped up to 15-minute frequency during weekdays and weekends, reflecting improved reliability thanks to smart signals, automated dispatch systems, and added vehicle capacity?. Combined with new sidewalks, safer crossings, and dedicated transit infrastructure, these enhancements aim not only to speed up commutes but also to create a more accessible, equitable, and dependable transit experience along one of Nashville’s busiest corridors.Buyer to receive $5,000 Convenience Credit Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction. We must prepare all the paperwork. This is a land sale only. The property is currently home to a motel. No value assigned to existing motel buildings. Sold as-is. No motel financial reporting will be provided. Located in an Opportunity Zone. Don’t procrastinate…this unique and incredibly attractive development opportunity won’t last long.