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Residential Land for Sale in Nashville, Tennessee

5754 River Rd, Nashville, TN 37209

$6,900,000
9.28 acres
Active sale
ago
Est $46,758/mo

Fully Entitled, Permit-Ready 128-Unit Development Site

Flexible Business Plan – Multiple Execution Paths

Strategic Location with Direct Connectivity to West Nashville & Outdoor Amenities

Highly Constrained, High-Income Submarket with Strong Demand Fundamentals

Institutional Scale Creation Opportunity – Assemblage & Density Upside

40 detached single-family homes and 84 apartments or condos

Homes can be for sale or for rent.

Development Site is being offered as Phase II of the successfully completed Sage Run community, where Phase

I townhomes have been fully built and sold. The offering provides immediate continuity of an established residential enclave, with the buyer assuming control of the existing HOA governing Phase I. Alternatively, a developer can modify the site plan to construct a new unit mix to include all townhomes

(BTR) or even a traditional multifamily development.

The Property is uniquely positioned as a shovel-ready development opportunity (in its current layout) in a submarket where entitled land is scarce and demand remains exceptionally strong. With an approved SP, completed architectural plans, and site work pricing already in place, a developer can materially accelerate the timeline to vertical construction and mitigate entitlement and predevelopment risk.

Located along River Road just off Charlotte Pike, the site benefits from seamless connectivity to West Nashville’s primary retail and employment corridors, while also offering direct access to the Brookmeade Park, Greenway and Cumberland

River—an increasingly valuable amenity that differentiates the project from competing developments.

The combination of entitlement certainty, location quality, product flexibility, and expansion potential positions Sage

Run as one of the most compelling residential development opportunities currently available in the West Nashville /

Hillwood / Bellevue corridor.

  • Listed by Austin Heithcock, (615) 477-1971, Capstone Apartment Partners

Location

Street address
5754 River Rd
Zip code
37209
Community
Sage Run Townhomes
Elevation
530 feet
Coordinates
36.1299, -86.9095

Directions

Head west on I-40 toward Memphis. Take Exit 201 (Charlotte Pike). Turn right off the exit, then take an immediate right onto River Road

Property details

Acreage
9.28 acres
Zoning
SP
Access
Public road
MLS #
REALTRACS 3234044
Posted

Property taxes

Recent
$2,921

Parcels

  • 102130C90200CO

Details and features

Listing

Type
Land
Current Use
Residential
Inclusions
Land Only
Possession
Close of Escrow

Lot

Size Source
Assessor
Terrain
Level
Road Frontage
City Street
Road Surface
Concrete

Nearby schools

NameType
Gower ElementaryElementary
H. G. Hill MiddleMiddle
James Lawson High SchoolHigh

Listing history

DateEventPriceChangeSource
June 10, 2026New listing$6,900,000REALTRACS
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This 9.28-acre property is located at 5754 River Rd in Nashville, TN 37209. The property is available for sale for $6,900,000 with a price per acre of $743,534.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of June 10, 2026 7:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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