This Property combined 3 Parcels of Raw Land ONLY ( MUL-A ZONING ) which has NO restrictions on building 70 separate units of NON OWNER OCCUPIED SHORT TERM RENTALS or STR's or you could build Apartments with this current zoning. The plans are fully approved by Metro for 70 units of Townhomes. PLUS there are 3 parcels to build single family homes that cannot be Short Term Rentals . For a Total of 73 units. (70 Townhomes and 3 single family homes )on all 3 parcels. We have all engineered drawings from Dale and Associates. We also have bids from our dirt and infrastructure contractors and bids to construct the vertical buildings. From those bids we feel the cost will be105k per build ready pads (built in 4 separate phases) that includes the land and infrastructure. #1 Phase is 17 Units. This is an extremely different kind of land because land zoned MUL-A is normally apartment developments. I would possibly consider a partnership/JV
Property Details
Property Features
Listing Office:
Office Name: eXp Realty
Office Phone: (615) 987-7536
Listing Agent: Dean Nelson
Exterior Features
Exterior Information:
Private Pool: No
View: City
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 5.95 Acres
School Info
Assigned Schools Information:
Hunters Lane Comprehensive High School, Public Magnet Grades 9-12
Metro Nashville Virtual School, Public District Grades 1-12
Haynes Health/ Medical Science Design Center, Public District Grades 5-8
Neely's Bend Elementary School, Public District Grades KG-4
Other
Directions Information:
Directions: It's 4 miles from The Home Depot in East Nashville to the property, Go Gallitan Pike 3.3 miles out of East Nashville Toward Madison Tn, Turn Right on Neely's Bend go 1.6 miles , Turn Left on Larkin Springs, Land is Half a mile down on the right
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Tax Information:
Annual Amount: $1,746
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2652335
Listing Office:
Office Name: eXp Realty
Office Phone: (615) 987-7536
Listing Agent: Dean Nelson
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/28/2024, 2:18:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 07, 2016
Sep 07, 2016Home Sold
$110,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,746
$46,080
2019
$1,269
$46,080
2018
$1,270
$46,080
2017
$1,970
$46,080
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Neely's Bend Elementary School
1300 Neelys Bend Rd
Distance between this listing and this school1.32 miles
Public District Grades KG-4
Middle School
4
/10
Haynes Health/ Medical Science Design Center
510 W Trinity Ln
Distance between this listing and this school6.77 miles
Public District Grades 5-8
High School
2
/10
Hunters Lane Comprehensive High School
1150 Hunters Ln
Distance between this listing and this school4.17 miles
Public Magnet Grades 9-12
4
/10
Metro Nashville Virtual School
2400 Fairfax Ave
Distance between this listing and this school10.81 miles
Public District Grades 1-12
Assigned Schools
5
/10
Neely's Bend Elementary School
1300 Neelys Bend Rd
Distance between this listing and this school1.32 miles
Public District Grades KG-4
Nearby Schools
4
/10
Amqui Elementary School
319 Anderson Ln
Distance between this listing and this school1.66 miles
Public District Grades PK-4
4
/10
Dupont Elementary School
1311 9th St
Distance between this listing and this school1.75 miles
Public District Grades PK-4
Assigned Schools
4
/10
Haynes Health/ Medical Science Design Center
510 W Trinity Ln
Distance between this listing and this school6.77 miles
Public District Grades 5-8
Nearby Schools
4
/10
Dupont Hadley Middle School
1901 Old Hickory Blvd
Distance between this listing and this school2.31 miles
Public District Grades 5-8
5
/10
Isaac Litton Middle School
4601 Hedgewood Dr
Distance between this listing and this school2.84 miles
Public District Grades 5-8
Assigned Schools
2
/10
Hunters Lane Comprehensive High School
1150 Hunters Ln
Distance between this listing and this school4.17 miles
Public Magnet Grades 9-12
4
/10
Metro Nashville Virtual School
2400 Fairfax Ave
Distance between this listing and this school10.81 miles
Public District Grades 1-12
Nearby Schools
2
/10
The Academy At Opry Mills
433 Opry Mills Dr
Distance between this listing and this school3.67 miles
The neighbors living near this home have an average income of $46,167. The majority of Davidson County, TN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 601 Medical Park Dr
What is the listing price of this property?
The listing price of 601 Medical Park Dr property is $4,000,000.
What type of property is this?
The property 601 Medical Park Dr is land located in Madison, Tennessee, 37115.
Is this property for sale now?
Active Listing: 601 Medical Park Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 601 Medical Park Dr are: Neely's Bend Elementary School: GreatSchools Rating 5/10Haynes Health/ Medical Science Design Center: GreatSchools Rating 4/10Hunters Lane Comprehensive High School: GreatSchools Rating 2/10Metro Nashville Virtual School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,746 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 7, 2016 for $110,000. (source: MLS/tax record).
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This home is located at 601 Medical Park Dr in Madison, TN and zip code 37115 in the Madison neighborhood. This home sits on a 5.95 acre lot. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $4,000,000.
While more than 165 listings in Davidson County, TN in April 2024 were sold above asking price, there were more than 265 listings sold at asking price, and more than 460 were sold below. The inventory of homes for sale in Davidson County, TN between March 2024 and April 2024 increased by 9.1%. While the average time on the market in April 2024 was 29 days, the median list price was $456,417.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
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