0 Burgundy DrSmyrna, TN 37167

Property Details for 0 Burgundy Dr

Lot size

22.95 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 22.95-acre parcel presents a remarkable development opportunity in Smyrna, Tennessee, a thriving community within the Nashville MSA. Located on Burgundy Drive, this fee-simple property is zoned for residential use, offering significant potential for a substantial residential development. The site's strategic location provides easy access to major transportation routes, placing it within a 30-minute commute of Nashville and within a day's drive of 76% of major US cities. Smyrna's robust economy, fueled by major employers like Nissan and Asurion, ensures a strong and growing market for new residential construction. The surrounding area boasts a population of approximately 37,361 within a five-mile radius, projected to increase to 39,998 in the next five years, indicating significant future demand. The property's adjacency to an existing neighborhood further enhances its appeal and development potential, with estimates suggesting the capacity to build over 75 homes. This is a rare opportunity to capitalize on the explosive growth of the Nashville area and create a thriving residential community. The asking price for this exceptional land is $1,500,000.

Location Insight

City

Smyrna

County

Rutherford

State

Tennessee

Latitude

35.9651

Longitude

-86.5437

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