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 $21,473 est/mo Sourced by Back At You

321 Larkin Springs Rd , Madison, TN 37115

Madison, TN 37115

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This Property combined 3 Parcels of Raw Land ONLY ( MUL-A ZONING ) which has NO restrictions on building 70 separate units of NON OWNER OCCUPIED SHORT TERM RENTALS or STR's or you could build Apartments with this current zoning. The plans are fully approved by Metro for 70 units of Townhomes. PLUS there are 3 parcels to build single family homes that cannot be Short Term Rentals . For a Total of 73 units. (70 Townhomes and 3 single family homes )on all 3 parcels. We have all engineered drawings from Dale and Associates. We also have bids from our dirt and infrastructure contractors and bids to construct the vertical buildings. From those bids we feel the cost will be105k per build ready pads (built in 4 separate phases) that includes the land and infrastructure. #1 Phase is 17 Units. This is an extremely different kind of land because land zoned MUL-A is normally apartment developments. I would possibly consider a partnership/JV


Listing TypeFor Sale
StyleVacant Land
Days On Site78
Listing Provided ByeXp Realty | Dean Nelson


SQ Feet259,182

Market Activity 37115

 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

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Learn More About This Property

CountyDavidson County
Zip Code37115
Listing VS Median (in 37115)
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$ / SqFt:
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On Site:
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Sourced by Back At You
Listing Updated: July 3, 2024 at 12:36:15 PM PDT