
Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $445,000, positioned well above the $280,880 Fair Market Value by -58%. Given the Poor Condition Rating and the explicit recommendation for demolition, the value resides entirely in the 10,890 sqft lot. This asset offers significant development potential for a custom new build in a blossoming neighborhood. This is a strategic acquisition ideal for Real Estate Developers or Experienced Investors focused on land-value plays and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1622 Northview Ave Subject | $445,000* List Price | 3 | 1 | 1,178 | $238 | - |
A 1219 McGavock Pike Active | $399,900 List Price | 2 | 2 | 1,023 | $391 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1920 (>50 years old) with no evidence of recent renovations. The listing explicitly states 'the value is in the land' and suggests 'demolition.' Interior photos show dated systems including window AC units and baseboard heating, and the property is being sold 'As-Is' without interior access until under contract.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1178.
Situated in a blossoming and highly sought-after Nashville neighborhood, this property offers significant long-term appreciation potential in a high-demand area.
The property features a premium 0.25-acre lot, providing an ideal canvas for a custom new build or a major luxury renovation project.
The existing 1920s structure is being sold strictly 'as-is,' likely requiring a full demolition or an extensive and costly overhaul.
The restriction preventing interior viewings until a contract is accepted creates a significant barrier for traditional buyers and increases initial due-diligence risks.
This home sits on a premium homesite in a blossoming sought after neighborhood. Incredible value! The home is being sold "AS IS" and "WHERE IT IS" Great potential for renovation or demolition. It is the buyer's discretion and responsibility to decide on the future of the home that is on the lot. Perfect opportunity for the visionary buyer. The value is in the land! Home will not be available for viewing until a contract is accepted. Please see MLS#3184052 for lot details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,178 | 1,734 | 16% |
| Lot Size | 10,890 | 12,632 | 37% |
| Price | $445.0K | $550.0K | 30% |
| Price per sq ft | $378 | $329 | 73% |
| Built year | 1920 | 1948 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 629 | 1% |
May 12, 2026
$445,000
Initial Listing