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  • $6,900,000

    5754 River Rd, Nashville, TN 37209

    --beds
    --baths
    9.28Acres
    Unimproved Land
    Built in ----
    9.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    12 days
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    112
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    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Austin Heithcock 615-477-1971,

    Capstone Apartment Partners 800-746-3175

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3234044MLS Logo

      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

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/10/2026Listed for sale$6,900,000+482.3%
        Source: RealTracs MLS as distributed by MLS GRID #3234044 Report a problem
        3/4/2025Listing removed$1,185,000
        Source: RealTracs MLS as distributed by MLS GRID #2776004 Report a problem
        1/9/2025Listed for sale$1,185,000-0.8%
        Source: RealTracs MLS as distributed by MLS GRID #2776004 Report a problem
        12/20/2024Listing removed$1,195,000
        Source: RealTracs MLS as distributed by MLS GRID #2688087 Report a problem
        8/6/2024Listed for sale$1,195,000-35.4%
        Source: RealTracs MLS as distributed by MLS GRID #2688087 Report a problem
        1/10/2020Listing removed$1,850,000
        Source: Engel & V�lkers Nashville #RTC2010970 Report a problem
        3/25/2019Price change$1,850,000-7.5%
        Source: Neal Clayton Realtors, LLC #2010970 Report a problem
        2/12/2019Listed for sale$2,000,000+400%
        Source: Neal Clayton Realtors, LLC #2010970 Report a problem
        10/10/2016Sold$400,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2021$3,311 -30.4%$112,125 -10.8%
        2020$4,760 +37.5%$125,650
        2019$3,462 +90.5%$125,650 +90.5%
        2018$1,817 $65,950
        2017-- $65,950 +43.8%
        2016$1,817 +1%$45,850
        2015$1,799 $45,850
        2014$1,799 $45,850
        2013-- $45,850 -2.7%
        2012-- $47,125
        2011-- $47,125
        2010-- $47,125
        2009-- $47,125 +14.2%
        2008-- $41,275
        2007-- $41,275
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.

        Climate risks

        Neighborhood: Whites Bend

        Getting around

        39 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gower Elementary
        • Middle: H. G. Hill Middle
        • High: James Lawson High School

        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.

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