WOW! 4.51 FLAT acres zoned Rm15 in HOT Madison! Yep, you read that right, this land is zoned to build 40-67 units with land less than $300k! This is an ideal spot to build rental properties for a portfolio! 1br units rent for $900-1k/mo! Don't wait and grab this parcel ASAP!
Vacant landProperty Type
4.51 acresLot Size
$50,783Price/Acres
Listed by Darbi Bolton• Berkshire Hathaway HomeServices Woodmont Realty
Listed by Anjela Dowler• Berkshire Hathaway HomeServices Woodmont Realty
Contact: 6154030609
Bought with Darbi Bolton• Berkshire Hathaway HomeServices Woodmont Realty
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Davidson County
APN
043130A90100CO
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 15, 2025.
RM15
Multi-Family Districts
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
Property details
Exterior
Property Information
Property Type: Land
Zoning: Rm15
Land Information
Current Use: Residential
Lot Information
Lot Features: Level
Lot Size Area: 4.51
Lot Size Units: Acres
Lot Size Acres: 4.51
Lot Size Source: Assessor
Road Surface Type: Other
Road Frontage Type: None
Location
School Information
Elementary School: Stratton Elementary
Middle Or Junior High School: Madison Middle
High School: Hunters Lane Comp High School
Location Information
Directions: Take Gallatin Road NORTH and turn RIGHT on Neeleys Bend Road; LEFT on Forest Park Road; RIGHT into Robin Hood Condominiums; Follow the development all the way around to the back. You'll see a large, open area of 4.51 acres ready for you to bring to life!
Topography: LEVEL
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Davidson County
APN: 043130A90100CO
Home facts updated by county records on Nov 15, 2025
Around this home
Schools
Stratton Elementary School
Public PreK-5 • Assigned • 0.4mi
4/10
Madison Middle Prep
Public 6-8 • Assigned • 0.9mi
4/10
Hunters Lane Comp High School
Public 9-12 • Assigned • 3.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 21 days in 30 years
4/10 Wind Factor
9% 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
Madison, TN • 37115
Average low and high temperatures (°F)
44
25
55
34
70
46
77
54
79
60
88
68
92
73
89
69
86
63
76
53
63
45
52
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Madison. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$218,000 – $264,000
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