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570 New Shackle Island Rd - 36+ AC land across Kroger/Kohl's (Glenbrook)

15 - 21 Acre Commercial Land Lots Offered at $5,880,600 - $7,318,080 Per Lot in Hendersonville, TN 37075

Investment Highlights

  • Conveniently located across from Glenbrook Shopping Center (Kroger/Kohls/Big box center).
  • Located within one mile Vietnam Veterans Bypass, exit 6 and near a regional hospital

Executive Summary

Bulk Asking price $9.00 PSF for the front 10-18 acres and $8.00 PSF for the back 10-18 acres. Our goal is to identify a group of potential large bulk users (commercial, institutional) and create a masterplan to submit to the city. So our preference to sell lots larger than 5 acres first, then subdivide into smaller lots later.

Property Facts

Price $5,880,600 - $13,198,680
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Bank
  • Community Center
  • Drugstore
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Neighborhood Center
  • Planned Unit Development
  • Restaurant
  • Retail Warehouse
  • Single Family Development
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 36.00 AC

2 Lots Available

Lot 1

Price $5,880,600
Price Per AC $392,040
Lot Size 15.00 AC

Front 15 acres bulk-priced to sell to commercial development (shopping center, institutional use).

Lot 2

Price $7,318,080
Price Per AC $348,480
Lot Size 21.00 AC

The rear 21 acres bulk-priced to sell to light commercial or residential development (town homes, school, medical, office, senior living, or institutional use).

Description

36.3 acres of land at the intersection of New Shackle Island Road and Stop Thirty Road in Hendersonville TN is well positioned for development. Land use plan designated future Regional Activity Center, including such uses as a shopping center and mixed commercial, institutional, and residential uses.

  • Listing ID: 9897494

  • Date on Market: 11/7/2017

  • Last Updated:

  • Address: 570 New Shackle Island Rd, Hendersonville, TN 37075

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