Fully Entitled, Permit-Ready 128-Unit Development Site
Flexible Business Plan – Multiple Execution Paths
Strategic Location with Direct Connectivity to West Nashville & Outdoor Amenities
Highly Constrained, High-Income Submarket with Strong Demand Fundamentals
Institutional Scale Creation Opportunity – Assemblage & Density Upside
40 detached single-family homes and 84 apartments or condos
Homes can be for sale or for rent.
Development Site is being offered as Phase II of the
successfully completed Sage Run community, where Phase
I townhomes have been fully built and sold. The offering
provides immediate continuity of an established residential
enclave, with the buyer assuming control of the existing HOA
governing Phase I. Alternatively, a developer can modify the
site plan to construct a new unit mix to include all townhomes
(BTR) or even a traditional multifamily development.
The Property is uniquely positioned as a shovel-ready
development opportunity (in its current layout) in a submarket
where entitled land is scarce and demand remains
exceptionally strong. With an approved SP, completed
architectural plans, and site work pricing already in place, a
developer can materially accelerate the timeline to vertical
construction and mitigate entitlement and predevelopment risk.
Located along River Road just off Charlotte Pike, the site
benefits from seamless connectivity to West Nashville’s primary
retail and employment corridors, while also offering direct
access to the Brookmeade Park, Greenway and Cumberland
River—an increasingly valuable amenity that differentiates the
project from competing developments.
The combination of entitlement certainty, location quality,
product flexibility, and expansion potential positions Sage
Run as one of the most compelling residential development
opportunities currently available in the West Nashville /
Hillwood / Bellevue corridor.
57 days
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114
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2
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Zillow last checked:
Listing updated:
Listed by:
Austin Heithcock615-477-1971,
Capstone Apartment Partners800-746-3175
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3234044
Facts & features
Interior
Interior area
Total structure area: 0
Property
Lot
Size: 9.28 Acres
Features: Level
Topography: Level
Details
Parcel number: 102130C90200CO
Zoning: SP
Special conditions: Standard
Community & HOA
Community
Subdivision: Sage Run Townhomes
HOA
Has HOA: No
Location
Region: Nashville
Financial & listing details
Tax assessed value: $448,500
Annual tax amount: $2,921
Date on market: 6/10/2026
Inclusions: Land Only
Road surface type: Concrete
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/10/2026
Listed for sale
$6,900,000+482.3%
Source: RealTracs MLS as distributed by MLS GRID #3234044Report a problem
3/4/2025
Listing removed
$1,185,000
Source: RealTracs MLS as distributed by MLS GRID #2776004Report a problem
1/9/2025
Listed for sale
$1,185,000-0.8%
Source: RealTracs MLS as distributed by MLS GRID #2776004Report a problem
12/20/2024
Listing removed
$1,195,000
Source: RealTracs MLS as distributed by MLS GRID #2688087Report a problem
8/6/2024
Listed for sale
$1,195,000-35.4%
Source: RealTracs MLS as distributed by MLS GRID #2688087Report 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.