New Offering: Fully Entitled 200-Unit Development Site | Hermitage, TN

Click Here to Download Offering Materials: Hermitage Shores Development Site

Capstone Land Sales is pleased to present the Hermitage Shores Development Site, a fully entitled ±200-unit parcel located within the growing Nashville submarket of Hermitage. The 8.58-acre site borders Interstate 40 and one of the most active interchanges in Nashville; thus, providing excellent connectivity and visibility from over 100,000 drivers each day. This project is poised for success due to Hermitage’s fundamentals of strong tenant demand coupled with the lack of developable land available in the submarket. Additionally, the seller has completed all necessary rezoning and a majority of the feasibility analysis. This allows the prospective developer to accurately underwrite site costs and immediately retain civil and architecture firms to move forward with land disturbance and building permits.

Investment Highlights
Fully Zoned & Entitled, Shovel-Ready Site
Visibility and Connectivity via Interstate 40
Hermitage’s High Barriers of Entry and Demand