Commercial Land
4901 US-31 ALT Nashville, TN 37211
Details & Description
Price: $8,900,000
    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 POTENTIALThis 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.
    Listing Agents
    Jeff Pate
    KW Commercial
    O: 615-525-5719
    jeff@jeffpate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4901 US-31 ALT

    Nashville, TN 37211

    Listing ID: 271645
    4901 US-31 ALT Nashville, TN 37211 | for Sale | Photo 1
    Building Size: --
    Lot Size: 12.500 AC
    Land Size: 544,500 SF
    Building $/SF:
    Land $/SF: $16.35
    Price
    $8,900,000
    Description

    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.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Nashville History of Commercial Land for Sale

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    Nashville Area Market Trends

    Listing Demographics for 4901 US-31 ALT Nashville, TN 37211

    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.

    1-Mile 3-Miles 5-Miles
    Total Population13,97095,299187,000
    Population Median Age333435
    Population by Age0-9 Yrs2475 (17%)14758 (15%)27886 (14%)
    10-19 Yrs1698 (12%)10775 (11%)21002 (11%)
    20-29 Yrs2495 (17%)16789 (17%)32884 (17%)
    30-39 Yrs2604 (18%)17862 (18%)34081 (18%)
    40-49 Yrs1630 (11%)11850 (12%)23753 (12%)
    50-59 Yrs1262 (9%)10100 (10%)20871 (11%)
    60-69 Yrs1036 (7%)7671 (8%)15920 (8%)
    70+ Yrs769 (5%)5494 (5%)10603 (5%)
    Median HH Income$52,368$56,226$59,733
    Total Household Income< 24K963 (19%)5902 (16%)10893 (15%)
    25-49K1361 (27%)9653 (27%)18501 (25%)
    50-74K1111 (22%)7265 (20%)14274 (19%)
    75-99K871 (17%)5085 (14%)9746 (13%)
    100-199K544 (11%)6243 (17%)13374 (18%)
    200K+87 (1%)1398 (3%)4834 (6%)
    Highest Education LevelNo Diploma18681122617528
    Diploma or GED23511498728379
    Some College13611070021357
    Assoc. Degree48738967785
    Bachelors Degree20051502333121
    Higher Degree818726216824
    Total Housing Units5,34438,83678,065
    --Owner-Occupied2,09517,89836,460
    --Renter-Occupied2,84217,64735,163
    Owner-Occupied Values< 100K33815952392
    100-199K772610310889
    200-299K80853859637
    300-399K12629345522
    400-499K3012183065
    500K+216624955
    Total Working Age Population10,46573,618145,618
    In Work Force7,97353,875108,305
    Not In Work Force2,49219,74337,313
    Workforce Employed7,54851,517104,214
    Workforce Unemployed4092,2573,965
    Civlian Workforce7,95753,774108,179
    Military Workforce16102125
    Total Households4,93735,54571,623
    Family Households3,11621,68542,964
    Non-Family Households1,82113,86028,658
    Married Couple2,12614,79630,172
    Other Family9916,89012,792
    Married w/Child1,2187,01614,164
    Single Male w/Child679831,747
    Single Female w/Child4962,7735,047

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Tennessee5,689,283+126,346,105+96,886,369+77,393,069
    Davidson County569,891+10626,681+13705,400+7756,117
    Rutherford County182,023+44262,604+30341,000+24422,589
    Williamson County126,638+45183,182+33244,052+25304,687

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4901 US-31 ALT in Nashville?
    The asking price for 4901 US-31 ALT is $8,900,000
    How much land does the Nashville, TN property at 4901 US-31 ALT include?
    4901 US-31 ALT in Nashville includes 12.500 acres of land
    What kind of Land is the propery at 4901 US-31 ALT?
    The property at 4901 US-31 ALT Nashville, TN 37211 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 4901 US-31 ALT in Nashville?
    The population within 1 mile of 4901 US-31 ALT Nashville, TN 37211 is 13,970 people.
    Who do I contact for questions about 4901 US-31 ALT?
    You should contact the listing agent, Jeff Pate, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Nashville International Airport (BNA) 5
    Huntsville International Carl T Jones Field (HSV) 99
    Chattanooga Metropolitan Airport (Lovell Field) (CHA) 111