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Listed by Melissa Allen • eXp Realty
$ 2,000,000
Est. payment | /mo
15.85 Acres Lot
$ 2,000,000
Est. payment | /mo
15.85 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3314386
HOA Y/N No
Annual Tax Amount $906
Lot Size 15.850 Acres
Acres 15.85
Property Description
Exceptional R-3 Multifamily Development Opportunity in McMinnville! Approximately 16± acres (updated survey pending) offering an outstanding opportunity for multifamily residential development in one of Warren County's growing areas. A professionally prepared concept plan illustrates the potential for a thoughtfully designed 96-unit community featuring 30 duplex buildings and 9 quadplex buildings with neighborhood-style green space, walking trails, stormwater amenities, and preserved natural buffers. The R-3 High Density Residential zoning allows multifamily development, including apartments and attached residential uses, subject to applicable site plan approval and city requirements.
Conveniently located with access from Old Morrison Road, the concept showcases an attractive layout designed to create a community atmosphere while maximizing green space and functionality. This property presents an excellent opportunity for developers, builders, and investors seeking to meet the growing demand for quality housing in McMinnville.
Buyer to verify acreage, zoning, utilities, development requirements, concept plan feasibility, and all information deemed important.
Conveniently located with access from Old Morrison Road, the concept showcases an attractive layout designed to create a community atmosphere while maximizing green space and functionality. This property presents an excellent opportunity for developers, builders, and investors seeking to meet the growing demand for quality housing in McMinnville.
Buyer to verify acreage, zoning, utilities, development requirements, concept plan feasibility, and all information deemed important.
Location
State TN
County Warren County
Zoning R 3
Interior
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Lot Description Cleared, Wooded
Sewer Public Sewer
Water Public
Schools
Elementary Schools Hickory Creek School
Middle Schools Warren County Middle School
High Schools Warren County High School
Others
Senior Community false
Special Listing Condition Standard
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