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Recreational Land for Sale in Fairview, Tennessee

Drag Strip Rd, Fairview, TN 37062

$12,800,000
61.7 acres
Active sale
Est $86,310/mo

61.72 acres of fully zoned CD-4C (NEW ZONING) land at Exit 182 on Interstate 40, just 25 miles west of Nashville. The entire tract now allows up to 16 units per acre, creating a rare, high-density development opportunity with meaningful scale in a corridor experiencing steady growth and increasing demand.

This site offers the flexibility to execute a large-scale residential or mixed-use project with density that is becoming increasingly difficult to secure in today’s entitlement environment. The combination of size, zoning, and location positions this property for phased development or a single master-planned vision.

With over 43,000 vehicles per day along I-40, the property delivers exceptional interstate visibility and access, along with immediate connectivity to Interstate 40. Recent TDOT-approved lighting improvements at the interchange, in coordination with the City of Fairview, further reinforce the long-term trajectory and investment potential of this location.

Large tracts with full CD-4C zoning, interstate frontage, and proximity to the Nashville market are extremely limited. This is a high-impact opportunity to control a scalable development site in the direct path of growth.

Location

Street address
Drag Strip Rd
Community
Peery
Elevation
796 feet
Coordinates
36.0296, -87.1779

Directions

From Interstate 40 West Bound, go straight through light at exit and turn right. Property will be on your left. From Interstate 40 East bound. Turn right at exit onto HWY 96. Turn right onto Drag Strip Rd. Property on the left.

Property details

Acreage
61.72 acres
Zoning
CD-4C
Access
Public road
MLS #
REALTRACS 2669098
Posted

Property taxes

Recent
$268

Parcels

  • 094018 00600 00001018

Details and features

Listing

Type
Land
Inclusions
Land and Buildings
Possession
Close of Escrow

Lot

Size Source
Assessor
Terrain
Wooded
Road Frontage
County Road
Road Surface
Asphalt, Paved

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
SewageSewerAvailable
WaterPublicAvailable

Nearby schools

NameType
Westwood Elementary SchoolElementary
Fairview Middle SchoolMiddle
Fairview High SchoolHigh

Listing history

DateEventPriceChangeSource
Aug 2, 2025New listing$12,800,000REALTRACS
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This 61.72-acre property is located at Drag Strip Rd in Fairview, TN 37062. The property is available for sale for $12,800,000 with a price per acre of $207,388.

Checked 2 hours ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Apr 20, 2026 7:00 am 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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