601 Medical Park Drive
601 Medical Park Drive
$4,000,000
259,182 / 5.95
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. 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...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
- Listed by Dean Nelson • eXp Realty • 6159877536
Property Details for 601 Medical Park Drive
Subdivision Name
Larkin Springs Short Term Rentals
ViewCity
WaterfrontNo
Location
LISTING UPDATED: 05/09/2024 09:16 PM
Property Details for 601 Medical Park Drive
Status | Active |
---|---|
MLS # | 2652335 |
Days on Market | 24 |
Taxes | $3,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 5.95 AC |
County | Davidson County |
Location
Building Information for 601 Medical Park Drive
Lot Size5.95 AC
Payment Calculator
$22,080 per month
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Property Information for 601 Medical Park Drive
Property History for 601 Medical Park Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 601 Medical Park Drive
Taxable ValueLand$46,080Additions-Total$46,080
Tax Record2023$1,346 ($112 / month)
Home Facts
Lot Size83,635 SqFtStyleCommercialZoningOGCountyDAVIDSONAPN052-03-0-191-00
Schools near 601 Medical Park Drive
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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