321 Larkin Springs Road

Madison, TN 37115

$4,000,000
Price
16
Beds
12
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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. 5.95 acres 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...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. 5.95 acres 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 be interested in a partnership/JV
  1. Listed by Dean Nelson • eXp Realty • 6159877536

Property Details for 321 Larkin Springs Road

Subdivision Name
Larkin Springs Short Term Rentals
View
City
Waterfront
No

Location

Listing Courtesy of eXp Realty, Dean Nelson (615.987.7536)
Add your commute
LISTING UPDATED: 05/09/2024 09:21 PM

Property Details for 321 Larkin Springs Road

StatusActive
MLS #2652326
Days on Market21
Taxes$2,342 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size-
CountyDavidson County

Location

Listing Courtesy of eXp Realty, Dean Nelson (615.987.7536)
Add your commute

Building Information for 321 Larkin Springs Road

Stories1Residences73Year Built2024Building Size-Lot Size-

Payment Calculator

$22,025 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$195

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 321 Larkin Springs Road

Summary
Location and General 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
  • Elementary School: Neely's Bend Elementary
  • High School: Hunters Lane Comp High School
  • Levels: Three Or More
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Madison Middle
  • Mlg Can View: Yes
  • Zoning: MUL-A
Parking
  • Garage Spaces: 2.00
  • Parking Features: Attached - Rear
  • Parking Total: 2.00
Taxes and HOA Information
  • Association Amenities: Pool
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Other
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 05203018900
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Other
  • Documents Count: 0
  • New Construction: Yes
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 1
  • Year Built Details: NEW
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: Yes
  • Carport: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • View YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 73
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $0

Property History for 321 Larkin Springs Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 321 Larkin Springs Road

Taxable ValueLand$80,160Additions-Total$80,160
Tax Record2023$2,342 ($195 / month)
Home Facts
Lot Size145,490 SqFtStyleCommercialZoningOGCountyDAVIDSONAPN052-03-0-189-00

Schools near 321 Larkin Springs Road

This home is within Davidson County.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Neely's Bend Elementary School
PublicPK to 4

Gra-Mar Middle School
Public5 to 8

Hunters Lane Comp High School
Public9 to 12

Smithson Craighead Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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321 Larkin Springs Road is a multi-family home for sale in Madison, TN 37115. This property was listed for sale on May 7, 2024 by eXp Realty, it's currently listed at $4,000,000. It has been on the market for a total of 21 days and was last sold on September 2, 2016. This listing's school district is Davidson County. Nearby schools include Neely's Bend Elementary School, Gra-Mar Middle School and Hunters Lane Comp High School. 321 Larkin Springs Road is a 16-bed, 12-bath, multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, Dean Nelson (615.987.7536)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 05/09/2024 09:21 PM