Attention developers and builders! Here is an exceptional residential development opportunity situated in one of the nation's fastest-growing cities. This prime 19.87-acre tract, located in Nashville's highly desirable 37217 zip code, presents an unparalleled opportunity to create a high-density residential community in a thriving market. Boasting approximately 570 feet of valuable road frontage along Franklin Limestone Rd, this parcel offers outstanding visibility and convenient access. The property is perfectly positioned for efficient development, with essential utilities readily available: city water is accessible at the road, electricity is already onsite, and city sewer infrastructure conveniently runs directly through the property. Strategically located adjacent to the established neighborhoods of Piccadilly Point and Pinnacle Point, this land seamlessly integrates with the existing community fabric, enhancing its appeal for future homebuyers. The proximity to Percy Priest Lake adds tremendous lifestyle value, offering recreational amenities such as boating, fishing, and hiking just minutes away. Enhancing its attractiveness, the land is strategically placed with easy and quick access to major transportation routes, including I-24 and Nashville International Airport (BNA). This strategic location ensures that daily commutes and travel are a breeze for residents, adding a sense of convenience and accessibility to the property. Given its ideal location, zoning compatibility, and infrastructure readiness, this parcel provides a turnkey scenario for creating a vibrant residential development tailored to Nashville's burgeoning growth. The property is ready for development, ensuring ease and readiness for developers and providing an opportunity to shape Nashville's expanding landscape.
Vacant landProperty Type
19.87 acresLot Size
$100,654Price/Acres
Listed by Paul Morrison• Mossy Oak Properties, Tennessee Land & Farm, LLC
Sale and tax history for 516 Franklin Limestone Rd
Sale History
Tax History
Date
Event
Price
REALTRACS as Distributed by MLS Grid #2946240
Jun 18, 2026
Relisted
—
Jun 16, 2026
Listing Removed
—
Oct 1, 2025
Relisted
—
Jul 24, 2025
Pending
—
Jul 22, 2025
Listed
$2,000,000
Public Records
Dec 1, 1983
Sold
$30,500
Year
Property tax
Land + Additions
Assessment*
2025
$2,106 (+72.8%)
$50,825 + $24,025
$74,850
2024
$1,219
$22,100 + $15,350
$37,450
2023
$1,219
$22,100 + $15,350
$37,450
2022
$1,219 (−1.0%)
$22,100 + $15,350
$37,450
2021
$1,231 (−1.6%)
$22,100 + $15,350
$37,450
2020
$1,252 (+33.8%)
$19,400 + $10,250
$29,650
2019
$935
$19,400 + $10,250
$29,650
2018
$935
$19,400 + $10,250
$29,650
2017
$935 (−16.6%)
$19,400 + $10,250
$29,650
2016
$1,121
$19,400 + $10,250
$29,650
2015
$1,121
$18,975 + $5,850
$24,825
2014
$1,121
$18,975 + $5,850
$24,825
Public record
Public record
Zoning
Permits
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2.87 Acres
Year renovated
1930
Finished Sq. Ft.
928
Unfinished Sq. Ft.
—
Total Sq. Ft.
928
Year built
1930
Style
Single Family Residential
County
Davidson County
APN
13500003800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
AR2A
Agricultural Districts
The AR2a districts are intended to implement the natural conservation or interim nonurban land use policies of the general plan. Natural conservation policy is applied to those areas of the county which are unsuitable for urban scale development due to severe environmental constraints. Interim non-urban policy is applied to those areas that are not intended to urbanize within the planning period of the general plan. Furthermore, some areas of very steep topography, potentially unstable soils or a propensity to flood are intolerant of development of significant intensity and are appropriate for agricultural zoning.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Garden center
Rehabilitation center
Housing-Single unit
Housing-Senior
Waste transfer station
Cemetery
Housing-Mobile home park
Park & open space
Nov 3, 1997 • Final
Electrical
Electrical
Nov 3, 1997 • Final
Gas
Gas
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
6 days above 105° expected this year, 17 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, 2 days in 30 years
Provided by First Street
Historical weather
Nashville, TN • 37217
Average low and high temperatures (°F)
45
26
55
35
70
47
77
55
78
61
87
69
92
74
88
69
85
65
76
53
64
45
53
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
40/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.9 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 516 Franklin Limestone Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $280,000 and $485,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $280K to $485K.