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Listed by Rachel Brewer • Compass RE
$ 1,550,000
Est. payment | /mo
0.68 Acres Lot
$ 1,550,000
Est. payment | /mo
0.68 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Bells
MLS Listing ID 3031495
HOA Y/N No
Annual Tax Amount $1,691
Lot Size 0.680 Acres
Acres 0.68
Lot Dimensions 200 X 148
Property Description
Builder special! Build multi-family development or a handful of single family homes on this lot. A rare offering in a booming neighborhood in Nashville's urban core. Located within an opportunity zone sits this giant 0.68 acre lot, prime for development. While its zoned residential for future development, it has an approximately 12,000 square foot warehouse on the property with industrial/warehouse/distribution land use. The property is fully fenced and the 2 story building boasts 3 loading docs, constructed of concrete reinforced block. To be sold as-is, with no warranties. A great investment for a business that needs urban storage or a distribution site. The building sits in the center of the lot, with the potential to utilize both the warehouse and also build single family units on either side. Otherwise, scrape the lot and develop single family homes in a residential area that is continuing to grow, right on the edge of downtown Nashville. Its current zoning is R6. Build multiple single family units that match the style of its neighbors, or seller has provided renderings of a potential concept that may be used to pitch for rezoning similar to other concepts nearby. Buyer/Buyers Agent to verify all pertinent information such as but not limited to usage and zoning.
Location
State TN
County Davidson County
Zoning R6
Interior
Fireplace N
Exterior
Utilities Available Water Available
View Y/N true
View City
Private Pool false
Building
Lot Description Level, Sloped, Views
Water Public
Schools
Elementary Schools Robert Churchwell Museum Magnet Elementary School
Middle Schools John Early Paideia Magnet
High Schools Pearl Cohn Magnet High School
Others
Senior Community false
Special Listing Condition Standard
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