$6,900,000
 $37,041 est/mo Sourced by Back At You

5754 River Rd,Nashville, TN 37209

Nashville, TN 37209

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Description

Fully Entitled, Permit-Ready 128-Unit Development SiteFlexible Business Plan - Multiple Execution PathsStrategic Location with Direct Connectivity to West Nashville & Outdoor AmenitiesHighly Constrained, High-Income Submarket with Strong Demand FundamentalsInstitutional Scale Creation Opportunity - Assemblage & Density Upside40 detached single-family homes and 84 apartments or condosHomes can be for sale or for rent. Development Site is being offered as Phase II of thesuccessfully completed Sage Run community, where PhaseI townhomes have been fully built and sold. The offeringprovides immediate continuity of an established residentialenclave, with the buyer assuming control of the existing HOAgoverning Phase I. Alternatively, a developer can modify thesite 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-readydevelopment opportunity (in its current layout) in a submarketwhere entitled land is scarce and demand remainsexceptionally strong. With an approved SP, completedarchitectural plans, and site work pricing already in place, adeveloper can materially accelerate the timeline to verticalconstruction and mitigate entitlement and predevelopment risk.Located along River Road just off Charlotte Pike, the sitebenefits from seamless connectivity to West Nashville's primaryretail and employment corridors, while also offering directaccess to the Brookmeade Park, Greenway and CumberlandRiver-an increasingly valuable amenity that differentiates theproject from competing developments.The combination of entitlement certainty, location quality,product flexibility, and expansion potential positions SageRun as one of the most compelling residential developmentopportunities currently available in the West Nashville /Hillwood / Bellevue corridor.

Details

MLS #3234044
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site145
Listing Provided ByCapstone Apartment Partners | Austin Heithcock

Features

ZoningSP
Acreage9.28

Exterior

Lot FeaturesLevel

Taxes

Property2921

Area Information

StateTN
CountyDavidson County
CityNashville
Zip Code37209
AreaDavidson County | TN
Community NameSage Run Townhomes
School DistrictJames Lawson High School
Elementary SchoolGower Elementary
High SchoolJames Lawson High School
Listing VS Median (in Sage Run Townhomes)
Price:
$6,900,000
low | high
Med:
$525,000
100% of Average
On site:
145
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 37209

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 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 2, 2026 at 11:34:08 PM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTN
CountyDavidson County
CityNashville
Zip Code37209
AreaDavidson County | TN
Community NameSage Run Townhomes
School DistrictJames Lawson High School
Elementary SchoolGower Elementary
High SchoolJames Lawson High School
Listing VS Median (in Sage Run Townhomes)
Price:
$6,900,000
low | high
Med:
$525,000
100% of Average
On site:
145
low | high
Med:
21
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:34:44 PM PDT