Residential Development Site – Portland, TN Growth Market
R-7.5 Zoned Land | 3.6 Acres Ready for Residential Development
Marketing description
16-Lot Residential Development Opportunity | 3.6 Acres – Portland, TN
936 S Broadway presents a 3.6-acre residential development site in Portland, Tennessee, offering the ability to develop approximately 16 single-family lots under current R-7.5 zoning.
The property features level terrain, approximately 578 feet of road frontage, and corner access, providing flexibility in site planning and efficient lot layout.
Utilities are available in the area, and the site is located within the city of Portland, supporting residential development feasibility.
Portland continues to experience steady population growth driven by affordability and its proximity to Nashville, making it an attractive market for new housing development.
This offering is well suited for a local builder seeking a manageable project or an investor targeting long-term growth in Sumner County.
Why S Broadway?
- Defined Lot Yield- Approximately 16 lots under current zoning, providing clarity for builders.
- Builder-Friendly Size- 3.6 acres is ideal for a small to mid-size local builder.
- Level Topography- Reduces grading and site work costs.
- Strong Frontage & Access- Approximately 578 feet of frontage + corner access.
- Growing Market- Portland continues to attract buyers due to affordability and proximity to Nashville.
Investment highlights
- 3.6 Acres with Defined Lot Yield – Supports approximately ±16 single-family lots under current R-7.5 zoning
- Attractive Price Per Lot Basis – Approximately $52,941 per lot, allowing clear underwriting for builders
- Level Topography – Minimal grading required, reducing site work and development costs
- Strong Road Frontage – Approximately 578 feet along S Broadway, enhancing access and lot layout flexibility
- Corner Lot Access – Additional access from Hunter Street improves circulation and potential subdivision design
- Utilities Available – Water, sewer, and electric access within the city of Portland support development feasibility
- Builder-Friendly Scale – Ideal size for a small to mid-size local builder seeking a manageable project
- Growing Submarket – Portland continues to benefit from population growth and demand for affordable housing
- Proximity to Key Amenities – Near schools, healthcare (TriStar Portland ER), and major corridors including Hwy 109
- Clear Path to Execution – Zoning, frontage, and site conditions support a straightforward residential development opportunity
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