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Description

Capstone Land Sales is pleased to offer The Riverside @ MetroCenter Development Site located on the banks of the Cumberland River and within one of the few Opportunity Zones in the urban core of Nashville, Tennessee. This ±13-acre site is the last remaining large development parcel with proximity to downtown and other popular submarkets. The surrounding neighborhood, MetroCenter, has experienced explosive growth in the past 5 years, supported by Metro Nashville’s zoning commission. This department’s encouragement of area development will allow potential developers to rezone the subject parcel to a much higher density and usage than currently allotted. It’s anticipated that the developer will build a large mixed-use project that could include only multi-family or be a mix of residential, office, hospitality, and retail. Additionally, the natural and physical features of this site make it the most desirable large development opportunity in Nashville’s current cycle. Bisecting the Ted Rhodes Golf Course and bordered by the Cumberland River and one of Nashville’s most popular greenways, the property is poised to present tenants with an unparalleled amenity offering.

Investment Highlights:
Unmatched Natural Amenities
Located Within Two High Profile Submarkets: MetroCenter and The Nations
Neighborhood Zoning Policy Supported High Density Rezoning Capability
Ability to Obtain Opportunity Zone Tax Benefits
Area Demand Reflected in Single-Family Infill Development

  • City Nashville
  • State/county Tennessee

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