551 Spence Ln - Commercial LAND FOR SALE


Nashville, TN 37210- Outer Donelson-Hermitage158,558 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
158,558 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

$2,060,440/AC

PRICE/SF

$47 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, Auto Dealership, Convenience Store, Self-Storage, Truck Stop, Truck Terminal

LAND ACRES

3.64 AC

LAND SF

158,558 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.