Maryville Flats Development Site

Capstone is pleased to present the Maryville Flats Development Site, a fully engineered 7.08-acre development site in Maryville, Tennessee. Maryville Flats has successfully gone through the Board of Zoning Adjustment and has been approved for multifamily zoning with a density of 96 units. Situated less than two minutes from the intersection of Highway 321 (22,000+ VPD) and 129 (50,000+ VPD), the site benefits from easy access and tremendous visibility, creating a built-in marketing advantage for new ownership. Within walking distance are major retailers including Target, Kirkland’s Home, HomeGoods, Starbucks, Planet Fitness, and more. With in-place multifamily zoning, direct access and visibility, and a proven demand for new construction product, Maryville Flats Development Site is primed for a market-rate, multifamily development. The site presents investors with a unique opportunity to deliver a new product in the fast-growing market of Maryville, Tennessee.

Investment Highlights:

Ideal In-Place Multifamily Zoning with Multiple Product Options

Excellent Proximity to Class A Retail and Major Demand Drivers

Fully Engineered

Favorable Renter Demographics in Booming Submarket