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Hard Corner Development Opportunity

2 Land Properties Offered at $1,900,000 in Antioch, TN

Investment Highlights

  • Parcels May be Purchased Separately or Combined for total of 2.47 Acres, Development Opportunity with Ample Parking
  • Rough Graded on Delivery
  • Metro Area Population Increased 1.62% from 2023 to 2024
  • 9045 Rosecrans Avenue, Bellflower, CA 90706
  • Located Nearby Several New Developments with Projected 3.3% Economic Growth, Outperforming National Growth Rate of 2.4% in 2024
  • Close Proximity to TN State Route 254, Servicing Two Main Retail Corridors

Executive Summary

The subject property is a combined ±1.28 acre lot and ±1.12 acre lot development opportunity located in Antioch, Tennessee. The lots are strategically placed at the hard corner intersection of Hamilton Crossing and Murfreesboro Pike (39,189 VPD) with excellent frontage. The site is directly adjacent to Walmart Supercenter and several national retailers such as Wells Fargo, Dairy Queen, InTown Suites Extended Stay, Domino’s Pizza, and more. There’s dense residential in the immediate area with over 3,250 apartment units in a 2 mile radius. The site provides close access to TN State Route 254, servicing two main retail corridors and is less than 12 miles Southeast from Downtown Nashville, in the Heart of Tennessee Valley.
The site is located near several new developments with a projected 3.35% economic growth, outperforming the national growth rate of 2.4% in 2024. The nearby area development will include Global Mall at The Crossing, formerly known as Hickory Hollow mall which is a 7 to 10 year multi-phase development that will include a transit center hub, community center, mixed-use buildings with housing and ground-floor retail, Ford Ice Center, and more. The subject property is less than 3 miles from Century Farms, a 300-acre master-planned development that includes Tanger Outlet Mall, a newly developed center that opened in October 2023. The development will also include Nashville’s 1st In-N-Out location that is scheduled to open by 2026 and will also include new roads, traffic signals, Nashville Soccer Club Headquarters, several multi-family units, four hotels, and F&B operators such as Panera Bread, Chipotle, Whataburger, Xfinity, and more. The site is nearby two upper midscale hotels and Nashville’s 1st Wawa location that is scheduled to open in 2025.
There’s several hotels in a 2.5 mile radius, with over 660 rooms combined. The property is less than 1.5 miles from Mt. View Marketplace and Priest Lake Plaza shopping centers with over 14,200 visitors per week, per Placer.ai. The hard corner development opportunity is less than 8 miles from Nashville Zoo at Grassmere with over 1.2MM visitors, per year and within 9 miles of Nashville International Airport, servicing over 21MM annual visitors and Percy Priest Lake with over 5MM visitors, per year.
*Two parcels that may be purchased separately or combined for a larger development.

Property Facts

Price $1,900,000
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Land Area 2.40 AC
  • Listing ID: 33126681

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: Hard Corner Development Opportunity, Antioch, TN

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