PRIME R-10 DEVELOPMENT OPPORTUNITY 2.96 Acres | 5259 Stage Road, Bartlett, TN 38134 $227,000 | 6-12 Home Sites THE NUMBERS SPEAK FOR THEMSELVES Land cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes) In a market where Bartlett median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices? Quick ROI scenario (10 homes): 10 homes × $350,000 = $3.5M gross Land + construction + infrastructure = ~$2.75M Potential profit: $750K+ WHY THIS LOCATION WINS Blue Sky Communities just validated this market with their $162M Union Depot development nearby—337 flats, 161 single-family homes at ~$450K, and 70 townhouses at ~$300K. Institutional money chose this corridor for a reason. Location advantages: I-40 access (1.5 miles) - BlueOval City bringing 3,000+ new Bartlett residents Wolfchase Galleria (minutes away) Established neighborhoods surrounding the property Major corridor visibility on Stage Road Market conditions: Seller's market with limited inventory 10.6% month-over-month price appreciation (Dec 2024) Strong suburban family demand $396.6M in capital investment in Bartlett over 4 years THE OPPORTUNITY What you're getting: 2.96 acres of raw land with R-10 zoning (10,000 sq ft min. lots) Clean slate to design your ideal layout (6-12 homes) City utilities available nearby (requires extension to site) Surrounded by existing homes in proven market Build your way: 6 half-acre executive homes at $450K+ 10 one-third-acre family homes at $325-375K 12 quarter-acre+ homes at $300-350K THE QUESTIONS THAT MATTER When was the last time you found R-10 land under $250K on a major corridor with a $162M development next door? With BlueOval City workers needing housing and only 202 homes available in Bartlett, how long will this pricing last? Can you afford to let another builder grab this while you're still searching for land? FINAL THOUGHTS $227,000 gets you: Land cost under $42K per lot (even at just 6 homes)Institutional validation from Blue Sky CommunitiesAward-winning schools driving buyer demandBlueOval City timing with worker housing needsComplete development control from ground up Raw land. Your vision. Perfect timing. Serious builder inquiries only. Buyer is responsible for utility connections, permits, and infrastructure development. Verify all information independently.