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.
Active
$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
- 12 days |
- 112 |
- 5 |
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#: 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
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $6,900,000+482.3% |
Source: | ||
| 3/4/2025 | Listing removed | $1,185,000 |
Source: | ||
| 1/9/2025 | Listed for sale | $1,185,000-0.8% |
Source: | ||
| 12/20/2024 | Listing removed | $1,195,000 |
Source: | ||
| 8/6/2024 | Listed for sale | $1,195,000-35.4% |
Source: | ||
| 1/10/2020 | Listing removed | $1,850,000 |
Source: Engel & V�lkers Nashville #RTC2010970 Report a problem | ||
| 3/25/2019 | Price change | $1,850,000-7.5% |
Source: Neal Clayton Realtors, LLC #2010970 Report a problem | ||
| 2/12/2019 | Listed for sale | $2,000,000+400% |
Source: Neal Clayton Realtors, LLC #2010970 Report a problem | ||
| 10/10/2016 | Sold | $400,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 6/10Gower Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10H G Hill Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10James Lawson High SchoolGrades: 9-12Distance: 5.3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Davidson County
- Nashville
- 37209
- Whites Bend
- 5754 River Rd







