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570 New Shackle Island Rd - 36+ AC land across Kroger/Kohl's (Glenbrook) 15 - 21 Acre Commercial Land Lots Offered at $5,880,600 - $7,318,080 Per Lot in Hendersonville, TN 37075

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INVESTMENT HIGHLIGHTS

Conveniently located across from Glenbrook Shopping Center (Kroger/Kohls/Big box center).

Located within one mile Vietnam Veterans Bypass, exit 6 and near a regional hospital

EXECUTIVE SUMMARY

Bulk Asking price $9.00 PSF for the front 10-18 acres and $8.00 PSF for the back 10-18 acres. Our goal is to identify a group of potential large bulk users (commercial, institutional) and create a masterplan to submit to the city. So our preference to sell lots larger than 5 acres first, then subdivide into smaller lots later.

570 New Shackle_Flyer

PROPERTY FACTS

Price	$5,880,600 - $13,198,680	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Mixed Use Bank Community Center Drugstore Healthcare Hold For Development Hold For Investment Medical Neighborhood Center Planned Unit Development Restaurant Retail Warehouse Single Family Development Storefront, Retail or Office Strip Center Supermarket
No. Lots	2	Total Lot Size	36.00 AC
Property Type	Land

Price	$5,880,600 - $13,198,680
Sale Type	Investment or Owner User
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Bank Community Center Drugstore Healthcare Hold For Development Hold For Investment Medical Neighborhood Center Planned Unit Development Restaurant Retail Warehouse Single Family Development Storefront, Retail or Office Strip Center Supermarket
Total Lot Size	36.00 AC

2 LOTS AVAILABLE

Lot 1

Price	$5,880,600	Lot Size	15.00 AC
Price Per AC	$392,040.00

Price	$5,880,600
Price Per AC	$392,040.00
Lot Size	15.00 AC

Front 15 acres bulk-priced to sell to commercial development (shopping center, institutional use).

Lot 2

Price	$7,318,080	Lot Size	21.00 AC
Price Per AC	$348,480.00

Price	$7,318,080
Price Per AC	$348,480.00
Lot Size	21.00 AC

The rear 21 acres bulk-priced to sell to light commercial or residential development (town homes, school, medical, office, senior living, or institutional use).

DESCRIPTION

36.3 acres of land at the intersection of New Shackle Island Road and Stop Thirty Road in Hendersonville TN is well positioned for development. Land use plan designated future Regional Activity Center, including such uses as a shopping center and mixed commercial, institutional, and residential uses.