Introducing an exceptional investment opportunity at 5215 Blue Hole Rd in Antioch, Tennessee—a rapidly growing suburb of Nashville. This 4-acre parcel is zoned RM15 and comes with approval for a 60-unit multifamily development, making it truly shovel-ready. Grading permits are already issued and grandfathered under older regulations, saving significant time and money. Additionally, full sewer and water capacity fees exceeding $200,000 have been prepaid, reducing upfront costs. The property features two thoughtfully designed unit types: 24 three-story residences with 2-car garages and 36 surface-parked units. Units can be configured as 3 or 4 bedrooms, offering flexibility to meet market demands. This project is ideal for build-to-rent or build-to-sell strategies, catering to a variety of potential tenants or buyers. Conveniently located near major retailers such as Target, Walmart, and Costco, as well as the recently opened Tanger Outlets with over 60 brand-name stores and dining options, the property offers unmatched accessibility. Nearby recreational opportunities include a family golf and driving range complex, while significant developments like Century Farms and the Global Mall at the Crossings add to the area’s appeal. With easy access to I-24 and the Bell Road exit, this location provides seamless connectivity to Brentwood, Antioch, and downtown Nashville, making it a prime choice for developers seeking to capitalize on the area’s rapid growth. The seller is open to considering owner financing for qualified buyers with a substantial down payment. A drone video is available upon request, showcasing the property's layout and surroundings. **This property is being offered for sale individually and also as part of a larger land assemblage from the same ownership group. Please view the "Intuition Development Land Package Video" link in the media section of this listing, along with the link to the commercial loopnet listing of the entire package.**
Designed for moderately high intensity multifamily structures, these districts are appropriate for areas designated in the general plan to have more intense residential development to meet the policy goals of encouraging transit and walkable communities, preserving open space and environmental features and providing a mix of housing types. These districts may also be used in areas envisioned to evolve from solely commercial to more mixed-use development along primary corridors and in mixed-use centers. These districts should have good access to arterial streets and public transportation service. RM15-A and RM20-A are designed to create walkable neighborhoods through the use of appropriate building placement and bulk standards and as an alternative to a zoning district that requires a site plan. RM15-NS, RM15-A-NS, RM20-NS, and RM20-A-NS are designed to allow the same standards and uses of the RM15, RM15-A, RM20, and RM20-A districts with the exception of prohibiting Short term rental property-Owner occupied and Short term rental property-Not owner occupied uses from the districts.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Waste transfer station
Park & open space
Aug 7, 2023 • Final
Building tree removal
Grading
Oct 1, 2022 • Final
Building tree removal
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Antioch, TN • 37013
Average low and high temperatures (°F)
45
26
55
34
69
45
76
54
78
60
87
68
90
73
87
68
85
62
75
52
63
44
52
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
34/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
3.7 hrs
1.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5215 Blue Hole Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $345,000 and $750,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $345K to $750K.