PRIME R-10 DEVELOPMENT OPPORTUNITY
2.96 Acres | 5259 Stage Road, Bartlett, TN 38134
$227,000 | 6-12 Home Sites
THE NUMBERS SPEAK FOR THEMSELVES
Land cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes)
In a market where Bartlett median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices?
Quick ROI scenario (10 homes):
10 homes × $350,000 = $3.5M gross
Land + construction + infrastructure = ~$2.75M
Potential profit: $750K+
WHY THIS LOCATION WINS
Blue Sky Communities just validated this market with their $162M Union Depot development nearby—337 flats, 161 single-family homes at ~$450K, and 70 townhouses at ~$300K. Institutional money chose this corridor for a reason.
Location advantages:
I-40 access (1.5 miles) - BlueOval City bringing 3,000+ new Bartlett residents
Wolfchase Galleria (minutes away)
Established neighborhoods surrounding the property
Major corridor visibility on Stage Road
Market conditions:
Seller's market with limited inventory
10.6% month-over-month price appreciation (Dec 2024)
Strong suburban family demand
$396.6M in capital investment in Bartlett over 4 years
THE OPPORTUNITY
What you're getting:
2.96 acres of raw land with R-10 zoning (10,000 sq ft min. lots)
Clean slate to design your ideal layout (6-12 homes)
City utilities available nearby (requires extension to site)
Surrounded by existing homes in proven market
Build your way:
6 half-acre executive homes at $450K+
10 one-third-acre family homes at $325-375K
12 quarter-acre+ homes at $300-350K
THE QUESTIONS THAT MATTER
? When was the last time you found R-10 land under $250K on a major corridor with a $162M development next door?
? With BlueOval City workers needing housing and only 202 homes available in Bartlett, how long will this pricing last?
? Can you afford to let another builder grab this while you're still searching for land?
FINAL THOUGHTS
$227,000 gets you: ? Land cost under $42K per lot (even at just 6 homes)
? Institutional validation from Blue Sky Communities
? Award-winning schools driving buyer demand
? BlueOval City timing with worker housing needs
? Complete development control from ground up
Raw land. Your vision. Perfect timing.
Serious builder inquiries only. Buyer is responsible for utility connections, permits, and infrastructure development. Verify all information independently.