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570 New Shackle Island Rd - 36+ AC land across Kroger/Kohl's (Glenbrook) 15 - 21 Acre Commercial Land Lots Offered at $5,880,600 - $7,318,080 Per Lot in Hendersonville, TN 37075
INVESTMENT HIGHLIGHTS
- Conveniently located across from Glenbrook Shopping Center (Kroger/Kohls/Big box center).
- Located within one mile Vietnam Veterans Bypass, exit 6 and near a regional hospital
EXECUTIVE SUMMARY
Bulk Asking price $9.00 PSF for the front 10-18 acres and $8.00 PSF for the back 10-18 acres. Our goal is to identify a group of potential large bulk users (commercial, institutional) and create a masterplan to submit to the city. So our preference to sell lots larger than 5 acres first, then subdivide into smaller lots later.
PROPERTY FACTS
2 LOTS AVAILABLE
Lot 1
| Price | $5,880,600 |
| Price Per AC | $392,040.00 |
| Lot Size | 15.00 AC |
Front 15 acres bulk-priced to sell to commercial development (shopping center, institutional use).
Lot 2
| Price | $7,318,080 |
| Price Per AC | $348,480.00 |
| Lot Size | 21.00 AC |
The rear 21 acres bulk-priced to sell to light commercial or residential development (town homes, school, medical, office, senior living, or institutional use).
DESCRIPTION
36.3 acres of land at the intersection of New Shackle Island Road and Stop Thirty Road in Hendersonville TN is well positioned for development. Land use plan designated future Regional Activity Center, including such uses as a shopping center and mixed commercial, institutional, and residential uses.
MAP
ADDITIONAL PHOTOS
Aerial
Proposed Site Plan