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Listed by Steve Frye • simpliHOM
$ 2,350,000
Est. payment | /mo
$ 2,350,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision The Collective
MLS Listing ID 3309104
HOA Y/N No
Year Built 2026
Annual Tax Amount $4,296
Property Description
The Liberty Lane Collective at 244 and 252 Liberty Lane presents a rare opportunity to acquire a fully entitled 3.18-acre residential development in the heart of one of Middle Tennessee's fastest-growing corridors. Approved for 51 residential units, this shovel-ready Specific Plan (SP) development is strategically positioned just minutes from the transformative $450 million Rivergate Mall Master Planned Community and surrounded by multiple large-scale redevelopment projects that are reshaping Madison's future.The approved plan includes 37 townhomes and 7 attached duplex buildings (51 total units), offering the flexibility to pursue build-to-rent, for-sale, or short-term rental investment strategies. Designed with today's residents in mind, the community features a dedicated clubhouse complete with co-working spaces, fitness center, and gathering areas to create a true neighborhood atmosphere. Infrastructure advantages include public utilities already serving the property, 109 approved on-site parking spaces, and the preservation of a historic dry-stack stone wall that adds unique character to the development. Located less than 15 miles from Downtown Nashville, this site offers convenient access to major employment centers while benefiting from the tremendous public and private investment transforming the Rivergate and Madison area. With entitlements already in place, The Collective allows developers to bypass the lengthy zoning process and move directly toward construction in one of the region's most promising growth corridors. Opportunities to acquire a development-ready project of this scale in such a high-growth location are becoming increasingly scarce.
Location
State TN
County Davidson County
Zoning SP
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Goodlettsville Elementary
Middle Schools Goodlettsville Middle
High Schools Hunters Lane Comp High School
Others
Senior Community false
Special Listing Condition Standard

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