1001 Alice St, Nashville, TN 37218, Nashville, 37218 - 3 bed, 1 bath
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1001 Alice St
Nashville, TN 37218
ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
912Sq Ft
8,712Lot Size
Property Price
LIST PRICE$349,900
SUMMARY
104' x 95' Building Lot with River Views from the second floor. New development all around. R8 Zoning with over 8000 sq ft. HPR and build 2 houses.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1952 (>70 years old) and marketed explicitly as a 'Building Lot' for new development. While the interior shows minor cosmetic updates like laminate flooring, the listing focuses on land value and the potential to build two new houses, indicating the existing structure is at the end of its economic life.
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 = 8712, living area = 912.
- Development Potential
The R8 zoning and HPR eligibility on this 8,712 sq ft lot allow for the construction of two residential units, providing a high-yield opportunity for investors and developers.
- Scenic River Views
The property offers potential river views from a second-story elevation, a premium feature that significantly enhances the marketability and value of new construction.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
With 364 days on the market, the property may carry a stigma of being overpriced or having overlooked complications, potentially affecting negotiation leverage.
- Structure Obsolescence
The existing 1952 structure is small and likely adds no value, representing a demolition expense rather than a functional asset for most buyers.
About 1001 Alice St
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 912 | 2,045.139 |
| Lot Size | 8,712 | 10,890 |
| Price | $349.9K | $556.0K |
| Price per sq ft | $384 | $305 |
| Built year | 1952 | 1971 |
| HOA | $0 | $133 |
| Days on market | 386 | 70 |
Pricing History
Listed for Sale
Oct 3, 2025
$349,900
Initial Listing