The Orion Townhome Development Opportunity

316 Homestead Rd, Nashville, TN 37207

  • For Sale $1,755,000
  • Property Type VacantLand
  • Property Size 1,050 SF
  • Lot Size 1.56 Acre
  • Year Built 1960
  • Date Updated Jun 16, 2025
East Nashville is a thriving neighborhood experiencing dramatic growth and transformation. Renowned for its vibrant dining scene, boutique shopping, live music, and rich arts culture, it attracts a strong mix of young professionals, families, and tourists. The area offers convenient access to Downtown Nashville, Top Golf, Nissan Stadium, and numerous employment centers — making it a highly desirable location for both residential and short-term rental development.SVN Accel Commercial Real Estate is pleased to present a fully entitled, shovel-ready opportunity to develop 23 townhomes in the highly desirable East Nashville submarket. Ideally situated on ±1.56 acres, this site comes complete with grading permits already approved, and full architectural, civil, and engineering plans in place — allowing you to break ground immediately. The property is sold with all surveys, utility plans, environmental/geotech reports, and proformas. Water, sewer, and electrical services are already on site, reducing timelines and risk. The CS (Commercial Services) zoning provides flexibility for short-term rental use and other commercial applications, adding an additional layer of income potential.
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Highlights

  • Architectural, civil, and engineering plans in place and ready to go
  • CS (Commercial Services) zoning provides flexibility for short-term rental and commercial uses
  • Fully entitled, shovel-ready 23 townhome development opportunity
  • Grading permit already approved, allowing for immediate groundbreaking
  • Ideally situated on ±1.56 acres in desirable East Nashville submarket
  • Surveys, utility plans, environmental, geotech reports, and proformas all included
  • Water, sewer, and electrical service already on site, reducing timelines and risk

Contacts

broker

SVN | Accel Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    40/100 Car-Dependent
  • Transit Score ®

    34/100 Some Transit
  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Nashville, TN
  • Neighborhood Talbot's Corner
  • Zip Code 37207
  • Market Nashville

Points of Interest

  • Hermitage

    9.32 miles

  • Love's

    2.08 miles

  • Mapco gas station

    2.15 miles

  • Shell

    2.17 miles

  • Kroger

    2.41 miles

  • Speedway

    2.90 miles

  • Kroger Fuel

    3.37 miles

  • Z Mart

    3.38 miles

  • BP

    3.73 miles

  • eVgo

    4.91 miles

  • ChargePoint

    5.63 miles

  • Outbound Lot

    1.50 miles

  • Inbound Lot

    1.83 miles

  • Tractor Parking

    1.87 miles

  • Relay Lot

    1.89 miles

  • Fontanel Mansion

    3.99 miles

  • Lot E

    4.56 miles

  • Lot F

    4.58 miles

  • Lot G

    4.66 miles

  • Lot M

    4.70 miles

  • Public Square Parking (underground)

    4.75 miles

  • Days Inn North

    0.25 miles

  • Super 8

    0.27 miles

  • Hampton Inn & Suites by Hilton Nashville North Skyline

    0.77 miles

  • Red Roof Inn Nashville - Music City

    1.88 miles

  • Americas Best Value Inn-Nashville/Downtown Hotel

    1.93 miles

  • Regency Inn & Suites

    2.09 miles

  • Econo Lodge

    2.25 miles

  • Days Inn

    2.31 miles

  • Candlewood Suites Nashville

    3.28 miles

  • SpringHill Suites

    3.56 miles

  • McDonald's

    0.24 miles

  • Arby's

    0.24 miles

  • Waffle House

    0.25 miles

  • Taco Bell

    0.35 miles

  • Krystal

    2.06 miles

  • Jack In The Box

    2.13 miles

  • Fat Mo's Burgers

    2.21 miles

  • Sonic

    2.31 miles

  • Little Caesars

    2.43 miles

  • Coneheads

    2.78 miles

  • Maplewood High School

    0.68 miles

  • Gra-Mar Middle Prep

    0.98 miles

  • Greater Nashville Junior Academy

    1.05 miles

  • Smithson Craighead Academy

    1.06 miles

  • Brick Church Middle School

    1.08 miles

  • Goodpasture School

    1.66 miles

  • Tom Joy Elementary School

    1.84 miles

  • Chadwell School

    1.93 miles

  • Ewing Park Junior High School

    2.27 miles

  • Jere Baxter Middle School

    2.30 miles

  • Tom Joy Head Start Center

    2.18 miles

  • Jackson Park Church of Christ Day Care Center

    2.28 miles

  • First Baptist Church of East Nashville Day Care Center

    4.23 miles

  • Fifteenth Avenue Baptist Church Day Care Center

    4.57 miles

  • World of Wonder Child Care Center

    4.61 miles

  • McKendree United Methodist Church Day Care Center

    5.15 miles

  • Dollar General's Child Development Center

    6.18 miles

  • Village Learning

    6.19 miles

  • W.A. Bass Learning Center

    7.43 miles

  • Westminster Toddlers and Twos Day Care Center

    8.20 miles

Frequently Asked Questions

How much does The Orion Townhome Development Opportunity cost?

The space currently listed for sale at The Orion Townhome Development Opportunity asks for $1,755,000.

What is the total square footage of The Orion Townhome Development Opportunity?

The Orion Townhome Development Opportunity totals 1,050 square feet.

When was this property built?

The Orion Townhome Development Opportunity was built in 1960.

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Contact Listing Broker
broker

SVN | Accel Commercial Real Estate

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