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.
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Zillow last checked:
Listing updated:
Listed by:
Steve Frye615-500-1175,
simpliHOM855-856-9466
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3309104
Facts & features
Interior
Heating
Other
Cooling
Other
Features
Flooring: Other
Interior area
Total structure area: 0
Finished area above ground: 0
Property
Details
Parcel number: 02600003500
Zoning: SP
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Other
Condition
New construction: No
Year built: 2026
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Water Available
Community & HOA
Community
Subdivision: The Collective
HOA
Has HOA: No
Location
Region: Madison
Financial & listing details
Tax assessed value: $617,700
Annual tax amount: $4,296
Date on market: 7/27/2026
Inclusions: No Furnishing
Total actual rent: 0
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/29/2026
Listed for sale
$2,350,000+379.6%
Source: RealTracs MLS as distributed by MLS GRID #3309104Report a problem
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.