551 Spence Ln - Commercial LAND FOR SALE


Nashville, TN 37210- Outer Donelson-Hermitage175,111 SF
$7,500,000 USD
615-210-9697
551 Spence Ln, Nashville, TN for Sale
$7,500,000 USD
Commercial LAND - FOR SALE
1/6
175,111 SF

551 Spence Ln
Nashville, TN 37210
Outer Donelson-Hermitage


HIGHLIGHTS

  • 4 Acres (IR) at Interstate Exit Ramp 5 Miles from CBD. Ideal for Gas Station, Truck Stop, Auto Dealership, Hotel, Equipment Sales, Event Space.

OVERVIEW

Unique 4.03 Acre Corner Lot facing the I-40 Exit Ramp #213 at Traffic light. 5 Miles from Nashville CBD Downtown. Ideal for Gas Station, Truck Stop, Auto Dealership, Hotel, Equipment Sales, Event Space. Address: 551 Spence Lane, Nashville, TN Zoned IR – Industrial Restrictive, which allows for most commercial uses. Total 4.03 ACRES priced at $7,500,000 Great interstate visibility from Interstate frontage on I-40 between the Nashville Airport and 5-miles from Downtown CBD. Traffic Counts on I-40 are 161,482 cars per day. I have attached a lot of information, including a proposed Truck Stop/Gas station sample siteplan and a proposed Hotel siteplan done by Roy Dale engineering. - 4.03 Acres FOR SALE and the 1st property at top of the Exit Ramp and HIGHLY VISIBLE from the interstate I-40, exit #213 between the Nashville airport and downtown. The land sits facing the exit Ramp TRAFFIC LIGHT. Formerly a CSX Railroad property (tracks have been removed) and site was filled by Rogers Group Aggregate and Vulcan. There is a drainage area in the middle basically creating 2 sides that are connected by a rear drive area. - Traffic Counts on I-40 are 161,482 cars per day. - Zoned IR. See 2 possible Development Plans attached. - Previously leased for trailer parking, generating strong rental income. Total 4.03 ACRES priced at $7,500,000

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/ACRE

$1,865,674/AC

PRICE/SF

$43 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Gas station/Hotel/Auto I-40Exit213 Nashville

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Convenience Store, Truck Stop, Truck Terminal

LAND ACRES

4.02 AC

LAND SF

175,111 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

IR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John CavinSoutheast Venture LLCMore Info
615-210-9697

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John CavinSoutheast Venture LLCMore Info
615-210-9697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.