224059352 $45,000

This property is in the "Rural Fringe Mixed Use District - Sending Lands Designation" and within the Belle Meade Hydrologic Enhancement Overlay. With 5 acres of land available at this low price, the possibilities are endless! The seller has completed the expensive (paid in full) process of obtaining 6 Transferable Development Right Credits through the Environmental Restoration and Maintenance program and providing a Flow-Way Easement. This property is an excellent opportunity to purchase, sell the TDR credits to pay for the purchase, and then hold the land for hunting, recreational use, agriculture, or investment.

---