1307 Clay St, Nashville, TN 37208, Nashville, 37208 - 0 bed, 0 bath
Loading property details...
1307 Clay St
Nashville, TN 37208
ACTIVE
CONDITION: TEAR DOWN
0Beds
0Baths
855Sq Ft
6,534Lot Size
Property Price
LIST PRICE$275,000
EST. MARKET VALUE
$248,555
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $258,299 Fair Market Value by -16%. Featuring a Condition Rating of 6, the existing structure requires a full teardown, allowing for a clean slate on a 6,534 sqft lot. Located just minutes from downtown Nashville with a panoramic view of the skyline, this asset is primed for redevelopment. This is an ideal acquisition for Residential Developers or Speculative Investors seeking high-demand urban land.
Estimated Market Value
$248,555
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1307 Clay St Subject | $275,000* List Price | 0 | 0 | 855 | $291 | - |
A 1910 15th Ave N Sold | $235,000 | 3 | 1 | 948 | $248 | 0.1 mi |
B 1512 10th AVE N Sold | $350,000 | 4 | 4 | 900 | $389 | 0.7 mi |
C 1202 Walsh St Sold | $295,000 | 3 | 1 | 1,115 | $265 | 0.4 mi |
D 1723 Seifried St Active | $350,000 List Price | 2 | 1 | 840 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1910 and over 100 years old with no evidence of renovation. The listing explicitly states the home is in poor condition and is being sold for land value only with the expectation that it will be torn down for development.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated just 7 minutes from Broadway and minutes from Germantown and Downtown, this property offers exceptional proximity to Nashville's premier dining, shopping, and entertainment hubs.
- Development Potential
Sold for land value, this 6,534 sqft lot presents a prime opportunity for builders and investors to develop a new residence in a high-demand urban corridor.
- Investment Versatility
The property's location in a rapidly appreciating area makes it an ideal candidate for a speculative build or a long-term hold in the Nashville market.
CONSRISKS & DEFICIENCIES
- Total Teardown Required
The existing structure is in poor condition and must be demolished, necessitating additional upfront costs and permitting for site clearance before construction can begin.
- Low School Ratings
The assigned middle and high schools have lower performance ratings, which could potentially limit the appeal to certain family-oriented buyer segments.
About 1307 Clay St
Prime Nashville Development Opportunity! Just 7 minutes from Broadway and only minutes from Germantown, Salemtown, Downtown Nashville, dining, shopping, entertainment, and more! This property offers an exciting opportunity for builders, developers, or investors looking to create something new in a highly convenient Nashville location. The existing home is in poor condition and is being sold for lot value with the expectation that it will need to be torn down. Bring your plans and take advantage of the potential this property and location have to offer. To be sold for land/lot value only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Robert Churchwell Museum Magnet Elementary School
Grades PK-4 • 0.5 mi
4/10
Buena Vista Elementary Enhanced Option
Grades PK-4 • 0.7 mi
4/10
Gower Elementary School
Grades PK-4 • 7.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 855 | 2,093.129 |
| Lot Size | 6,534 | 10,890 |
| Price | $275.0K | $568.3K |
| Price per sq ft | $322 | $307 |
| Built year | 1910 | 1971 |
| HOA | $0 | $137 |
| Days on market | 31 | 69 |
Pricing History
Listed for Sale
Aug 27, 2026
$275,000
$300,000
-8% Price Drop
Initial Listing
Price Change
Aug 9, 2026
$300,000
Initial Listing