Introducing an exceptional investment opportunity at 5215 Blue Hole Rd in Antioch, Tennessee—a rapidly growing suburb of Nashville. This 4-acre parcel is zoned RM15 and comes with approval for a 60-unit multifamily development, making it truly shovel-ready. Grading permits are already issued and grandfathered under older regulations, saving significant time and money. Additionally, full sewer and water capacity fees exceeding $200,000 have been prepaid, reducing upfront costs.
The property features two thoughtfully designed unit types: 24 three-story residences with 2-car garages and 36 surface-parked units. Units can be configured as 3 or 4 bedrooms, offering flexibility to meet market demands. This project is ideal for build-to-rent or build-to-sell strategies, catering to a variety of potential tenants or buyers.
Conveniently located near major retailers such as Target, Walmart, and Costco, as well as the recently opened Tanger Outlets with over 60 brand-name stores and dining options, the property offers unmatched accessibility. Nearby recreational opportunities include a family golf and driving range complex, while significant developments like Century Farms and the Global Mall at the Crossings add to the area’s appeal.
With easy access to I-24 and the Bell Road exit, this location provides seamless connectivity to Brentwood, Antioch, and downtown Nashville, making it a prime choice for developers seeking to capitalize on the area’s rapid growth.
The seller is open to considering owner financing for qualified buyers with a substantial down payment. A drone video is available upon request, showcasing the property's layout and surroundings.
**This property is being offered for sale individually and also as part of a larger land assemblage from the same ownership group. Please view the "Intuition Development Land Package Video" link in the media section of this listing, along with the link to the commercial loopnet listing of the entire package.**
579 days
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10
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Zillow last checked:
Listing updated:
Listed by:
Brandon C. Knox646-436-9452,
Compass RE615-475-5616
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2775381
Facts & features
Property
Lot
Size: 4 Acres
Features: Hilly
Topography: Hilly
Details
Parcel number: 16200006400
Zoning: RM15
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Water Available
Community & HOA
Community
Subdivision: Antioch
HOA
Has HOA: No
Location
Region: Antioch
Financial & listing details
Tax assessed value: $299,500
Annual tax amount: $1,165
Date on market: 1/6/2025
Inclusions: Land Only
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
2/9/2026
Contingent
$1,550,000
Source: RealTracs MLS as distributed by MLS GRID #2775381Report a problem
5/27/2025
Listed for sale
$1,550,000
Source: RealTracs MLS as distributed by MLS GRID #2775381Report a problem
3/11/2025
Contingent
$1,550,000
Source: RealTracs MLS as distributed by MLS GRID #2775381Report a problem
1/6/2025
Listed for sale
$1,550,000
Source: RealTracs MLS as distributed by MLS GRID #2775381Report a problem
12/19/2024
Listing removed
$1,550,000
Source: RealTracs MLS as distributed by MLS GRID #2758409Report a problem
11/11/2024
Listed for sale
$1,550,000
Source: RealTracs MLS as distributed by MLS GRID #2758409Report a problem
7/1/2024
Listing removed
$1,550,000
Source: RealTracs MLS as distributed by MLS GRID #2569166Report a problem
4/11/2024
Price change
$1,550,000-6.1%
Source: RealTracs MLS as distributed by MLS GRID #2569166Report a problem
11/30/2023
Listed for sale
$1,650,000-8.3%
Source: RealTracs MLS as distributed by MLS GRID #2569166Report a problem
10/2/2023
Contingent
$1,800,000
Source: RealTracs MLS as distributed by MLS GRID #2569166Report a problem
9/8/2023
Listed for sale
$1,800,000-6.5%
Source: RealTracs MLS as distributed by MLS GRID #2569166Report a problem
8/30/2023
Listing removed
--
Source: RealTracs MLS as distributed by MLS GRID #2545005Report a problem
7/24/2023
Price change
$1,925,000-1.3%
Source: RealTracs MLS as distributed by MLS GRID #2545005Report a problem
7/6/2023
Listed for sale
$1,950,000-2.3%
Source: RealTracs MLS as distributed by MLS GRID #2545005Report a problem
7/6/2023
Listing removed
--
Source: RealTracs MLS as distributed by MLS GRID #2474232Report a problem
1/9/2023
Listed for sale
$1,995,000-11.3%
Source: RealTracs MLS as distributed by MLS GRID #2474232Report a problem
1/3/2023
Listing removed
--
Source: RealTracs MLS as distributed by MLS GRID #2445941Report a problem
11/14/2022
Price change
$2,250,000-18.2%
Source: RealTracs MLS as distributed by MLS GRID #2445941Report a problem
11/11/2022
Listed for sale
$2,750,000
Source: RealTracs MLS as distributed by MLS GRID #2445941Report a problem
10/28/2022
Contingent
$2,750,000
Source: RealTracs MLS as distributed by MLS GRID #2445941Report a problem
10/4/2022
Listed for sale
$2,750,000+928%
Source: RealTracs MLS as distributed by MLS GRID #2445941Report a problem
11/13/2020
Sold
$267,500-10.8%
Source: RealTracs MLS as distributed by MLS GRID #2016058Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.