Active
321 Larkin Springs Rd
Madison TN, 37115
$4,000,000
Active
Residential
Built in 2024
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
2652326
MLSⓇ ID
May 7, 2024
Listed
November 22, 2024
Updated
Map
321 Larkin Springs Rd
Madison TN, 37115
Interior Features
Total Stories
1
Laundry Description
Electric Dryer Hookup, Washer Hookup
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Sewer
Public Sewer
School Information
High School
Hunters Lane Comp High School
Elementary School
Neely's Bend Elementary
Other Property Details
Taxes
$2,342
Tax Frequency
Annually
Days on Market
2
Association Amenities
Pool
Garage
Yes
Garage Spaces
2
Parking
Attached - Rear
Parking Total
2
View
Yes
View Description
City
County
Davidson County, TN
Water Source
Public
Pool
No
Zoning
MUL-A
Listed by Dean Nelson, eXp Realty
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