0 12th Ave, N, Nashville, TN 37208, Nashville, 37208 - 5 bed, 3 bath
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0 12th Ave
N, Nashville, TN 37208
ACTIVE
CONDITION: FAIR
5Beds
3Baths
4,404Sq Ft
46,609Lot Size
Property Price
LIST PRICE$3,000,000
SUMMARY
24 Units | Fisk/Meharry | Covered Land Play Located at the intersection of 12th Ave N & Ireland St, this fully advanced development opportunity presents a rare chance to deliver a 24-unit residential community in the heart of North Nashville’s rapidly evolving Fisk/Meharry corridor. Extensive upfront work has already been completed, significantly reducing entitlement risk and accelerating timeline to vertical construction. Site studies, site plan, Metro submittals, and schematic designs are finalized, with M2 Engineering and Dale & Associates having completed all preliminary engineering, including lot consolidation and grading permit preparation. The proposed development features a thoughtfully designed, modern townhome-style product with strong architectural appeal, rooftop outdoor spaces, and efficient density. Sale includes Parcels: 09204040000 & 09204039900. Reach out to Pete for full DD packet.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999, the property is 25 years old, which falls into the 'Fair' category (>20y). While the listing features modern concept renderings for a 24-unit development, the current status is a 'covered land play,' indicating the existing structures are dated and the value is primarily in the land and entitlements.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46609, living area = 4404.
- Development Ready
Extensive entitlement work is already complete, including site plans, Metro submittals, and preliminary engineering, significantly reducing risk and accelerating the timeline to vertical construction.
- Strategic Growth Location
Situated in the rapidly evolving Fisk/Meharry corridor of North Nashville, the property offers a prime opportunity to capitalize on the area's high demand and urban revitalization.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 169 days on the market, the listing may face scrutiny regarding its $3 million price point or potential underlying complexities in the development process.
- Listing Data Inconsistency
The property is categorized as a Single Family Residence despite being a 24-unit development play, which may lead to visibility issues with the appropriate institutional or commercial investor audience.
About 0 12th Ave
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 46,609 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 4,404 | 2,045.139 |
| Lot Size | 46,609 | 10,890 |
| Price | $3.00M | $556.0K |
| Price per sq ft | $681 | $305 |
| Built year | 1999 | 1971 |
| HOA | $0 | $133 |
| Days on market | 194 | 70 |
Pricing History
Listed for Sale
Apr 13, 2026
$3,000,000
Initial Listing