Rare SHOVEL-READY residential development opportunity in Nashville's rapidly growing eastern corridor. This fully approved 44-unit Specific Plan (SP) provides regional and national builders the opportunity to acquire a thoughtfully planned community with entitlement risk substantially removed and a clear path toward development. Approved for 38 detached and 6 attached residences, the plan features rear-loaded 2-car garages and a product mix well positioned for either build-and-sell or build-to-rent execution. Less than one mile from I-40, the site offers exceptional regional connectivity with convenient access to Hermitage, Mt. Juliet, Downtown Nashville and Nashville International Airport. The surrounding area continues to experience significant residential and commercial investment, with a new 400+ home community currently under construction directly across from the property, further demonstrating builder confidence and continued housing demand within the immediate corridor. Future residents will be minutes from major employment, retail, dining and recreation, including Providence Marketplace, Percy Priest Lake and Hermitage Golf Course, while maintaining convenient access to Nashville's urban core. For builders seeking meaningful unit count without the lengthy entitlement process typically associated with larger Nashville development opportunities, this is a compelling chance to secure 44 approved homesites in an established growth corridor. The combination of scale, approved density, multiple product types, interstate proximity and surrounding development creates an opportunity for an experienced builder to move efficiently toward execution. Specific Plan documents and additional development materials are available in the attached files. An exceptional opportunity to acquire a shovel-ready Nashville project and bring 44 new residences to market.
The SP District is intended to implement the context sensitive development and land use compatibility provisions of the general plan for all land use policies. The district shall be used to promote site specific development in the location, integration, and arrangement of land uses, buildings, structures, utilities, access, transit, parking and streets. A site specific plan shall establish specific limitations and requirements, including any not addressed by this title, so as to respect the unique character and/or charm of abutting neighborhoods and larger community in which the property is located. A specific plan (SP) district may be applied to any property, or within any overlay district established.
Permitted uses
Include but are not limited to:
No uses permitted by right
Jan 1, 2023 • Final
Building use & occupancy
Master permit for forty-four units, including six townhomes and thirty-eight detached units. This permit is for combining parcels and does not include construction.
New construction
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
5/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
4/10 Wind Factor
8% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Hermitage, TN • 37076
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 1160 Tulip Grove Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $415,000 and $626,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $415K to $626K.