Listed by Charles Hawkins Co.
Unpriced
Prime I-40 Retail Development Site
Details
Property Type Land
Sub Type Commercial
Acreage 5.790
Zoning CI (Commercial Interstate)
Land | 5.79 acres
Marketing description
Hotel synergy; Flexible pads; Positioned in one of Tennessee’s fastest-growing corridors, this vacant 5.79-acre site is primed for retail, dining, entertainment, and services — perfectly aligned with Mt. Juliet’s booming population, high incomes, and strong consumer demand.
Investment highlights
- Highest & Best Use = Retail & Services — CI (Commercial Interstate) zoning supports a wide range of high-demand uses including retail shops, restaurants, entertainment venues, personal services, wellness centers, and strip/shopping centers
- Explosive Growth in Mt. Juliet:
- Population: ~44,000–46,000 (2024–2026 est.) — up ~12–16% since 2020, one of Middle Tennessee’s fastest-growing cities.
- Wilson County: ~170,000–181,000 residents (2024–2026 est.) — 3.0–3.2% annual growth, consistently ranked among TN’s fastest-growing counties
- Median Household Income: $107,000–$108,000+ (well above state average) — exceptional consumer spending power.
- Hotel Synergy Included — Owner (experienced hotel developer) retaining ~2.3 acres to personally develop and operate a new hotel; delivers instant guest traffic, shared access potential, and cross-marketing revenue lift for retail/dining tenants
- Flexible Configuration — Long, narrow site (~1,300 ft deep from paved Old Pleasant Grove Rd frontage to I-40 adjacency) allows bulk sale or subdivision into 1–3 acre pads — ideal for national credit tenants, QSRs, experiential retail, or grocery-anchored centers.
- Direct I-40 corridor exposure with high regional traffic volumes (strong commuter/traveler draw).
- Excellent visibility and access for daily traffic.
- Public water/electric on site, individual sewer available.
- Minimal flood risk (FEMA Zone X on majority of site).
- Why Mt. Juliet Now? Explosive Growth & Retail Momentum
- Mt. Juliet pop. ~44,000–46,000 (fastest-growing in region) | Wilson County ~170,000–181,000 (3%+ annual growth).
- Major projects underway/approved 2025–2026+:
- The Sutton: 649 homes + 102,000 SF retail/grocer/restaurants (Golden Bear Gateway area; multi-family phasing 2026–2027).
- Vintage Pleasant Grove (incl. Vintage Vines phase): 265 units + office/retail/coffee (Pleasant Grove corridor; grading/submittals advancing)
- McFarland: Large mixed-use with homes, apartments, and commercial (I-40 corridor progress).
- Recent/new openings: Costco, BJ’s, Sprouts (opened 2025), Texas Roadhouse (opening April 6, 2026 near Costco)
- High median HH income ($107k+) + limited new retail supply = pent-up demand for entertainment,
dining, wellness & shopping.
Listing Contacts
Listed by Charles Hawkins Co.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
CI CommercialSpecial CommercialCommercial Interchange District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 48 uses
View all 48 uses Last updated Feb 5, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Name
License
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
