610-713 Ermac DrNashville, TN 37214

Property Details for 610-713 Ermac Dr

Lot size

3.75 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 3.75-acre development site in Nashville, Tennessee, presents a unique investment opportunity. Located at 610-713 Ermac Dr, Nashville, TN 37214, this property boasts an ORI zoning designation, allowing for a diverse range of uses. Its strategic location adjacent to Nashville International Airport and a mere 15-minute drive from downtown Nashville provides unparalleled accessibility. The site is situated within a thriving employment hub, with over 19,000 jobs within a one-mile radius, ensuring a robust tenant pool for any development. The current market demand for high-quality housing in the Donelson-Hermitage submarket, with average new construction rents reaching $1,868 per unit ($2.18 per square foot), strongly suggests significant potential returns for residential projects. The flexibility of the ORI zoning allows for creative development options, including apartments, condos, short-term rentals (STRs), townhomes, hospitality, office, and retail spaces. This presents the possibility of a mixed-use development, creating a vibrant live-work community. The property offers both joint venture and outright sale options, catering to various investment strategies. This is a truly rare by-right opportunity with exceptional potential for substantial returns.

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.1517

Longitude

-86.6874

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