The Collective at Madison
Land for Sale | Entitled 51-Unit Residential Development | Madison, TN | $2.5M
Marketing description
The Collective is a 3.18-acre property zoned SP for 51 residential units in rapidly growing Madison, TN. This site is designed for a mix of townhomes and duplexes (or 47 single-family homes per the fallback zoning) with an integrated clubhouse amenity. The Collective's flexible zoning allows for a variety of residential uses, including short-term rentals, offering a unique blend of lifestyle and investment potential for owner-occupants, second-home buyers, and those seeking income-generating properties.
Features:
Specific Plan approved
- Mixture of townhomes (37) & attached duplexes (7)
- Ideal for build-to-rent, for-sale, or short-term rentals
- Parking: 109 spaces on-site
- Existing public utilities (water, sewer, electric) serve the site
- Easy access to I-65, Gallatin Pike & downtown Nashville
SHORT TERM RENTAL MARKET
This approved 51-unit residential development blends thoughtful design with lifestyle flexibility, featuring a mix of townhomes and duplexes ideal for first-time buyers, STR investors, and live/work professionals. Set on 3.18 acres in Madison, TN, the site is positioned to meet the growing demand for attainable, design-forward housing just minutes from downtown Nashville.
Investment highlights
Development Opportunity with 51 residential units.
Metro Area Population increased 1.41% from 2024 to 2025.
Population within a 3-mile radius is 51,220 residents.
Median HHI $58,000 and Median Age 36 years old, perfect for middle density housing.
Located near the 57-acre Rivergate Master Plan which will add multiple types of housing, retail, restaurants, sports and entertainment facilities, office spaces, hotels and more.
Less than 15 Miles from Downtown Nashville near I-65, Vietnam Veteran’s Parkway, and Gallatin Pike.
Ideal for first-time homeowners, and both long- and short-term rental investors.
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