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Nolensville Market Square presents a unique opportunity to become the prime retail development site in the Town of Nolensville, TN. Located just south of Nashville in Williamson County, this 12.5 acre site is designed around a “Main Street” and promises to be a very pedestrian-oriented community with retail shops, restaurants, office space and residential condominiums, all adjacent to the town hall. It will be downtown Nolensville!
Nolensville Market Square also serves as a connector to the main highway through town. The intention is to establish a central commercial district that currently does not exist within the town.
PROPERTY POTENTIAL
This property has gone through a rezoning planned unit development (PUD) process, which was extended in October of 2019 and has been approved for the size and type development, which will feature the tallest buildings in town and the first condominiums.
Due to current changes in Nolensville City Council along with some relaxation in the zoning code and the lifestyle changes in general that have occurred in 2020, we believe that we could successfully rezone this property with higher residential density and a reconfiguration of the square footage with less office space.
Month | Payment | Principal | Interest | Total Interest | Balance |
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$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 13,970 | 95,299 | 187,000 | |
Population Median Age | 33 | 34 | 35 | |
Population by Age | 0-9 Yrs | 2475 (17%) | 14758 (15%) | 27886 (14%) |
10-19 Yrs | 1698 (12%) | 10775 (11%) | 21002 (11%) | |
20-29 Yrs | 2495 (17%) | 16789 (17%) | 32884 (17%) | |
30-39 Yrs | 2604 (18%) | 17862 (18%) | 34081 (18%) | |
40-49 Yrs | 1630 (11%) | 11850 (12%) | 23753 (12%) | |
50-59 Yrs | 1262 (9%) | 10100 (10%) | 20871 (11%) | |
60-69 Yrs | 1036 (7%) | 7671 (8%) | 15920 (8%) | |
70+ Yrs | 769 (5%) | 5494 (5%) | 10603 (5%) | |
Median HH Income | $52,368 | $56,226 | $59,733 | |
Total Household Income | < 24K | 963 (19%) | 5902 (16%) | 10893 (15%) |
25-49K | 1361 (27%) | 9653 (27%) | 18501 (25%) | |
50-74K | 1111 (22%) | 7265 (20%) | 14274 (19%) | |
75-99K | 871 (17%) | 5085 (14%) | 9746 (13%) | |
100-199K | 544 (11%) | 6243 (17%) | 13374 (18%) | |
200K+ | 87 (1%) | 1398 (3%) | 4834 (6%) | |
Highest Education Level | No Diploma | 1868 | 11226 | 17528 |
Diploma or GED | 2351 | 14987 | 28379 | |
Some College | 1361 | 10700 | 21357 | |
Assoc. Degree | 487 | 3896 | 7785 | |
Bachelors Degree | 2005 | 15023 | 33121 | |
Higher Degree | 818 | 7262 | 16824 | |
Total Housing Units | 5,344 | 38,836 | 78,065 | |
--Owner-Occupied | 2,095 | 17,898 | 36,460 | |
--Renter-Occupied | 2,842 | 17,647 | 35,163 | |
Owner-Occupied Values | < 100K | 338 | 1595 | 2392 |
100-199K | 772 | 6103 | 10889 | |
200-299K | 808 | 5385 | 9637 | |
300-399K | 126 | 2934 | 5522 | |
400-499K | 30 | 1218 | 3065 | |
500K+ | 21 | 662 | 4955 | |
Total Working Age Population | 10,465 | 73,618 | 145,618 | |
In Work Force | 7,973 | 53,875 | 108,305 | |
Not In Work Force | 2,492 | 19,743 | 37,313 | |
Workforce Employed | 7,548 | 51,517 | 104,214 | |
Workforce Unemployed | 409 | 2,257 | 3,965 | |
Civlian Workforce | 7,957 | 53,774 | 108,179 | |
Military Workforce | 16 | 102 | 125 | |
Total Households | 4,937 | 35,545 | 71,623 | |
Family Households | 3,116 | 21,685 | 42,964 | |
Non-Family Households | 1,821 | 13,860 | 28,658 | |
Married Couple | 2,126 | 14,796 | 30,172 | |
Other Family | 991 | 6,890 | 12,792 | |
Married w/Child | 1,218 | 7,016 | 14,164 | |
Single Male w/Child | 67 | 983 | 1,747 | |
Single Female w/Child | 496 | 2,773 | 5,047 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Tennessee | 5,689,283 | +12 | 6,346,105 | +9 | 6,886,369 | +7 | 7,393,069 |
Davidson County | 569,891 | +10 | 626,681 | +13 | 705,400 | +7 | 756,117 |
Rutherford County | 182,023 | +44 | 262,604 | +30 | 341,000 | +24 | 422,589 |
Williamson County | 126,638 | +45 | 183,182 | +33 | 244,052 | +25 | 304,687 |