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Nolensville Rd - Nolensville Mixed-Use Development Opportunity

12.51 Acres of Commercial Land Offered at £6,963,805 in Nolensville, TN 37135

Investment Highlights

  • Located in the heart of Nolensville
  • Excellent Location
  • Mixed Use Development with 75 MF Units
  • Entitlements in place
  • Easy Access

Executive Summary

Located in the heart of Nolensville, adjacent to Town Hall. The 12.5-acre property was previously entitled for a mixed-use development in the Town of Nolensville, Tennessee. It is now zoned for commercial mixed use as CD4C.
Currently, the retail GAP analysis shows that Nolensville residents must do much of their shopping and dining in Nashville, Brentwood, Franklin or Smyrna. Over $1.2 Billion dollars a year flow out of Nolensville. The Town would very much like to see that money spent within the Town of Nolensville.
The intention is to establish a central commercial district that currently does not exist within the town. The result is that the site was previously approved for mixed use development. There is still strong support among the stakeholders for that type of mixed use development on this site.

Property Facts

Price £6,963,805
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Bank
  • Medical
  • Restaurant
Total Lot Size 12.51 AC

1 Lot Available

Lot

Price £6,963,805
Price Per AC £556,659
Lot Size 12.51 AC

The Prime development site in the Town of Nolensville, TN is centrally located and adjacent to Town Hall. At 12.5ac it was previously approved for 269,344 S.F. of MU development including retail, office and 75 multifamily units.

Description

Nolensville Market Square is a mixed-use development proposed for a 12.5 acre site in the Town of Nolensville, Tennessee. The development is designed to be a very pedestrian-oriented community with retail shops, restaurants, office space and residential condominiums. The Town of Nolensville is a primarily residential community located in Williamson County, Tennessee. Williamson has recently been noted to be one of the ten wealthiest counties in the nation. The town is rapidly growing with many new subdivisions and new homes priced from $550,000 to over $2 million. The Town has been extremely receptive to the proposed development. The Town administration and the community are both ready to see new retail and office space. Due to topography and waterways, there are few areas other than this site that can accommodate significant commercial development. Currently, Nolensville residents must do much of their shopping and dining in Nashville or nearby Brentwood. The Town administration would very much like to see that money spent within Nolensville.

zoning

Zoning Code CD4C (zoned for commercial mixed-use)
CD4C (zoned for commercial mixed-use)
  • Listing ID: 16636872

  • Date on Market: 17/07/2019

  • Last Updated:

  • Address: Nolensville Rd, Nolensville, TN 37135

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