5754 River Rd

Active

Nashville, TN 37209

Bedrooms
0
Bathrooms
0.00
Sq Ft
9.2800
Acres
Updated 20 minutes ago MLS #: 3234044 Listed 3 days ago

$6,900,000.00

Est. Monthly: $33,302.50

About This Property

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.

Location

Subdivision Sage Run Townhomes
Directions Head west on I-40 toward Memphis. Take Exit 201 (Charlotte Pike). Turn right off the exit, then take an immediate right onto River Road

Interior Features

Exterior & Property

Lot Features Level

Schools

K-5
Elementary School
Gower Elementary
6-8
Middle School
H. G. Hill Middle
9-12
High School
James Lawson High School

Property Details

Property Type Land
Annual Taxes $2,921.00
Listing Office Capstone Apartment Partners
Listing Agent Austin Heithcock
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MLS Information

Based on information submitted to the MLS GRID as of 2026-06-13T04:37:29+00:00. 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.