Two adjoining parcels, 4252 & 4254 Woods St, totaling approximately 1.55 acres with R8 zoning and 185 feet of combined road frontage, offered together as a potential development opportunity. Existing homes are currently tenant occupied and provide interim rental income; however, the primary value of the property is in the land and redevelopment potential rather than the existing improvements.R8 zoning permits single-family and two-family residential development with a minimum lot size of 8,000 square feet per dwelling. Nearby properties with similar zoning and frontage have been successfully redeveloped into HPR communities with approximately 50 feet of frontage per lot. The combined size and depth of these parcels may support additional density, with preliminary potential for up to 8 duplex units, subject to buyer verification, zoning approval, and all applicable planning requirements.Both homes are occupied by long-term tenants. Purchaser may terminate existing leases with 60 days' prior written notice.
Listed By
Agency Name: WEICHERT, REALTORS - The Andrews Group
Agency Phone: 6153833142
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 2,104.59 per month $1,669.17 Principal & Interest $216.67 Property Tax $218.75 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
4252 Woods St | MLS# 3220104
This land located at 4252 Woods St , Old Hickory, TN 37138 is currently listed for sale with an asking price of $750,000. The property has approximately 1.55 Acres. Search Old Hickory real estate on www.crye-leike.com today.