1000 Rivergate Pky - Greater Nashville MSA Hotel Development Site
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1000 Rivergate Pky - Greater Nashville MSA Hotel Development Site
2 Acres of Commercial Land Offered at $2,400,000 in Goodlettsville, TN 37072
Investment Highlights
- 2.0 Acre Hotel Site
- 12 miles north of Downtown Nashville
- Growing Nashville suburb of Goodlettsville
- Exclusive and only hotel site in Phase 1 of brand new multifamily and retail developments
Executive Summary
Avison Young is pleased to exclusively represent the Seller in this rare, 2-acre hotel development site in the booming Nashville suburb of Goodlettsville, Tennessee. Located just 12 miles north of downtown Nashville, this opportunity allows a buyer the ability to develop the only hotel in Phase 1 of the Rivergate Mall Redevelopment. Also in Phase 1 of this development will be 17,000 square feet of street retail as well as 340 units of multifamily ranging from 1 to 3 bedroom units. Phase 2 of the development will take place several years from now and include additional multifamily, retail, and some office product. With ample surface parking, this designated hotel parcel will be zoned for up to a 120-key hotel with little-to-no additional planning work needed by the Buyer prior to breaking ground. Situated in the heart of this brand new planned development, this hotel will benefit from the immediate walkable amenities as well as the proximity to the plethora of retail located within the Rivergate submarket of Nashville.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Property Facts
| Price | $2,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 2.00 AC |
| Price Per AC | $1,200,000 |
| Price | $2,400,000 |
| Price Per AC | $1,200,000 |
| Lot Size | 2.00 AC |
2-acre hotel development site in the booming Nashville suburb of Goodlettsville, Tennessee. Located just 12 miles north of downtown Nashville.
zoning
| Zoning Code | PUDC (Planned Urban Development Commercial) |
| PUDC (Planned Urban Development Commercial) |
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Keith Thompson -
Matt Wilkins -
Avison Young Hotel Group
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1000 Rivergate Pky - Greater Nashville MSA Hotel Development Site
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