5754 River Rd, Nashville, TN 37209
5754 River Rd, Nashville, TN 37209, Conditional at $6,900,000. 9.28 acres · 9.28 ac · $743,534/acre · Level.
5754 River Rd, Nashville, TN 37209, Conditional at $6,900,000. 9.28 acres · 9.28 ac · $743,534/acre · Level.
Conditional · $6,900,000
MLS #3234044 · listed March 7, 2026 · 177 days on market · updated August 31, 2026
9.28-acre homesite at 5754 River Rd in Sage Run Townhomes, Nashville, $6,900,000 ($743,534/acre), by Capstone Apartment Partners.
5754 River Rd is a 9.28-acre homesite in Nashville, TN 37209, offered at $6,900,000.
Next step: ask Grant Hammond anything about 5754 River Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of June 10, 2026. Realtracs via IDX.
This is a vacant homesite: lot size, price per acre, and buildability are below; interior and residence data do not apply.
More context: Nashville new construction and development.
Fully Entitled, Permit-Ready 128-Unit Development Site Flexible Business Plan ? Multiple Execution Paths Strategic Location with Direct Connectivity to West Nashville & Outdoor Amenities Highly Constrained, High-Income Submarket with Strong Demand Fundamentals Institutional Scale Creation Opportunity ? Assemblage & Density Upside 40 detached single-family homes and 84 apartments or condos Homes can be for sale or for rent. Development Site is being offered as Phase II of the successfully completed Sage Run community, where Phase I townhomes have been fully built and sold. The offering provides immediate continuity of an established residential enclave, with the buyer assuming control of the existing HOA governing Phase I. Alternatively, a developer can modify the site plan to construct a new unit mix to include all townhomes (BTR) or even a traditional multifamily development. The Property is uniquely positioned as a shovel-ready development opportunity (in its current layout) in a submarket where entitled land is scarce and demand remains exceptionally strong. With an approved SP, completed architectural plans, and site work pricing already in place, a developer can materially accelerate the timeline to vertical construction and mitigate entitlement and predevelopment risk. Located along River Road just off Charlotte Pike, the site benefits from seamless connectivity to West Nashville?s primary retail and employment corridors, while also offering direct access to the Brookmeade Park, Greenway and Cumberland River?an increasingly valuable amenity that differentiates the project from competing developments. The combination of entitlement certainty, location quality, product flexibility, and expansion potential positions Sage Run as one of the most compelling residential development opportunities currently available in the West Nashville / Hillwood / Bellevue corridor.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 5754 River Rd (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Listed | $6,900,000 |
Listed March 7, 2026, this listing was on the market 177 days before it went under contract. It has been under contract since August 31, 2026.
Financing a homesite differs from a home mortgage, lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value. Estimate only; not a loan offer.
| List price | $6,900,000 |
|---|---|
| Property tax basis | Assessed land value × the county assessment ratio (varies by land classification) × the Metro Nashville / Davidson County rate |
The evidence behind that pricing read:
5754 River Rd sits in Sage Run Townhomes, Nashville, Davidson County.
Approximately 7.5 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 5754 River Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 5754 River Rd, by price and size.
Listed by Austin Heithcock, Capstone Apartment Partners. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville real estate stories: Vanderbilt's 43 acres clear Council, downtown's core holds more than two years of condo inventory, and a $34M block is lost.
Nashville real estate stories for the week of August 30, 2026: more than 400 business owners organize against a 45 percent median reappraisal, the East Bank Development Authority commits up to $80 million to the Marine Drive extension as Station East slides toward 2028, and the 1922 Federal Reserve Building lists at $8 million.
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As of the latest update (August 31, 2026), 5754 River Rd, Nashville is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
5754 River Rd was listed on March 7, 2026 and went under contract on August 31, 2026, after 177 days on the market, per Realtracs.
No. The asking price has been $6,900,000 since it was listed on March 7, 2026.
5754 River Rd, Nashville is listed at $6,900,000, about $743,534 per acre across 9.28 acres.
9.28 acres (9.28 ac).
About $743,534 per acre.
5754 River Rd, Nashville is in the Sage Run Townhomes subdivision of Nashville.
No HOA dues are reported for this homesite.
5754 River Rd, Nashville is a homesite; buildability depends on zoning, available utilities, and topography, confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.
Request a walkthrough of the parcel or submit an offer through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
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