7220 Charlotte Pike, Nashville TN, 37209

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

November 22, 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

Based on information submitted to the MLS GRID by Middle Tennessee Regional Multiple Listing Service as of 11/22/2024, 8:15 AM UTC. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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