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428 Old Lebanon Dirt Road - Running Deer

5.12 Acres of Residential Land Offered at £665,285 in Hermitage, TN 37076

Investment Highlights

  • 10 lots ready to build! Turnkey investment!

Executive Summary

Property has been rezoned to RM2-NS (Res. Multi-family,2 houses per acre, no short term rentals). Current Plan as presented to Metro is for 10, 30’x60’ 2-Story Residential homes with rear 18’x22’ garages. See attached Site Plan.-All utilities are at street in front of property. State of Tennessee Storm Water Notice of Coverage (State Grading Permit) has been issued.

Property Facts

Price £665,285
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 5.12 AC

1 Lot Available

Lot

Price £665,285
Price Per AC £129,939
Lot Size 5.12 AC

This property is a Turn Key investment for development. 5.12 Acres Zoned RM-2 NS (Residential Medium-Density, 2 units/acre, No Short-Term Rentals). -All utilities are at street in front of property! Ready for 10 houses!

Description

10 BUILDABLE LOTS on a beautiful farm-like setting In the middle of HERMITAGE!! 1000+ linear feet of road frontage with utilities running the length of the property. ONE OF A KIND. Easy access to I-40 and Nashville. This property is an INCREDIBLE investment ready for development. 5.12 Acres Zoned RM-2 NS (Residential Medium-Density, 2 units/acre, No Short-Term Rentals). Ready for 10 houses! Property is zoned RM2-NS (Res. Multi-family,2 houses per acre, no short term rentals). Current Plan as presented to Metro is for 10, 30’x60’ 2-Story Residential homes with garages. See attached Site Plan. All utilities are at street in front of property. State of Tennessee Storm Water Notice of Coverage (State Grading Permit) has been issued. `

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
086-00-0-048
Land Assessment
£43,027
Improvements Assessment
£0
Total Assessment
£43,027

zoning

Zoning Code RS2M-ns (Residential Medium-Density, 2 units/acre, No Short-Term Rentals)
RS2M-ns (Residential Medium-Density, 2 units/acre, No Short-Term Rentals)
  • Listing ID: 24924954

  • Date on Market: 27/01/2022

  • Last Updated:

  • Address: 428 Old Lebanon Dirt Road, Hermitage, TN 37076

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