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4 Commercial Lots (20 Ac) Zoned GCS PUD

Live Onsite Auction April 17th at 1:00pm!

198 Indian Lake Boulevard
Hendersonville, TN 37075

Sold for $3,000,000


Status: Sold
Lot Size: 1.87 - 7.9 acres





 
Description:

Location * Location * Location

198 Indian Lake Boulevard, Hendersonville

  • Tract #1 4.16 / Acres (181,470 sq. ft.) Corner Indian Lake Blvd.
  • Tract #2 7.90 / Acres (344.808 sq. ft.) Southside Maple Dr.
  • Tract #3 5.70 / Acres (248,315 sq. ft.) Northside Maple Dr.
  • Tract #4 1.18 / Acres ( 51,696 sq. ft.) 110 Springhouse Ct.

These commercial sites have excellent access and all necessary utilities are available with sufficient capacity for most types of commercial development. The majority of land use along Indian Lake Boulevard and Maple Drive surrounding this property are commercial uses, which include: Cracker Barrel, Verizon, Home Depot, Lowes, O'Charleys Bank of Nashville, Office Campus and Retail Strip Centers. The property is approximately 10 miles from Nashville's Central Business District and approximately one block from the Streets of Indian Lake.

The zoning on this tract: GCS PUD (General Commercial Services with PUD overlay) which is intended to provide opportunities for a wide range of commercial uses that may include: retail trade, consumer services, restaurants, entertainment, financial, consulting and administrative services.

Indian Lake Boulevard is one of Middle Tennessee's fastest growing commercial areas. Indian Lake Village promises to be a one-of-a-kind community environment. Living, working, shopping and playing will all be within easy walking distance within a single neighborhood development that features approximately 1,000 upscale homes, up to 2.5 million square feet of Class A office space, up to 1.5 million square feet of high-end retail shops and restaurants, a hotel/conference center, multiplex-cinema and much more.

Click Here for a Virtual Tour and 360 Photos

Please direct any pre-auction offers or questions to principal auctioneer E. Dwight O'Neal: 615-390-2727 or info@RealtyTrustAuctions.com

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Preview anytime - Survey / Plat on-site

Directions: From Nashville take I-65 North, take EXIT #95 Vietnam Veterans Boulevard / TN386 North approx. six miles to EXIT #7 Indian Lake / Drakes Creek, turn right on Indian Lake Boulevard. The property is on your left @ corner of Indian Lake Boulevard & Maple Drive.

Terms: A ten-percent (10%) down payment will be due immediately after being declared the winning bidder. The balance is due in cash at closing within 20 days. Seller to provide a Special Warranty Deed and pro-rated 2009 property taxes.

Information Package: A property information package (PIP) has been prepared to assist the buyers in evaluating this property.

Buyers Premium: A five percent (5%) Buyer's Premium will be added to the winning bid price to arrive at the total contract price paid by the purchaser.

Financing: Qualified bank terms provided by Bank of Nashville - 20% down at closing with balance financed @ five percent (5%) fixed for two (2) years with interest only payments due monthly, Borrower pays all closing cost associated with loan (for details call Bill Glaus @ 615.271.2104)

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