
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $412,141 Fair Market Value by -9%. Featuring a 0.63-acre lot with RS7.5 Zoning and an Urban Zoning Overlay, this asset is sold for land value due to its Condition Rating of 6. The expansive parcel offers significant development potential in the high-demand Inglewood market. This is a strategic acquisition ideal for Residential Developers or Experienced Investors seeking to maximize land utility.
Property is land value only, full reconstruction required.
Built in 1932 with no evidence of renovation; the listing explicitly states no value is assigned to the existing dwellings and it is being sold for land value. The exterior shows significant neglect, peeling paint, and visible roof damage.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27443, living area = 1064.
The expansive 0.63-acre lot zoned RS7.5 offers significant potential for residential development or subdivision in a high-demand East Nashville market.
Situated in the desirable Inglewood neighborhood, the property provides excellent proximity to local amenities, trendy dining, and downtown Nashville.
The existing house and garage are assigned no value and are sold as-is, necessitating additional buyer expenses for demolition and site preparation.
Prospective buyers must independently verify all zoning, subdivision potential, and utility requirements, placing the burden of due diligence and development risk entirely on the purchaser.
Rare opportunity in Nashville’s desirable Inglewood area of East Nashville! This approximately 0.63-acre parcel makes it an excellent property to explore for future residential development. Currently zoned RS7.5 with an Urban Zoning Overlay (UZO). The property features an existing older house and garage; no value is assigned to the existing dwellings, and the property is being offered primarily for its land and location. Buyers are encouraged to independently verify zoning, permitted uses, subdivision potential, utilities, site conditions, and all development requirements with Metro Nashville and other appropriate authorities. Convenient to East Nashville amenities, local restaurants, shopping, and downtown Nashville. Bring your vision and explore the possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,064 | 2,045.139 |
| Lot Size | 27,443 | 10,890 |
| Price | $450.0K | $556.0K |
| Price per sq ft | $423 | $305 |
| Built year | 1932 | 1971 |
| HOA | $0 | $133 |
| Days on market | 11 | 70 |
Oct 14, 2026
$450,000
Initial Listing
Jun 12, 1996
$66,000
Public Record