1641 Chase St, Nashville, TN 37216, Nashville, 37216 - 2 bed, 2 bath
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Nashville, TN 37216
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned above the $276,704 Fair Market Value. While the current valuation reflects a premium for the land, the R6 Zoning on this 7,841 sqft lot provides significant development upside. With a Condition Rating of 6 (vacant land), this asset is designed for those looking to execute a build-to-suit project. This is a strategic acquisition ideal for Real Estate Developers or Custom Home Builders seeking to maximize density in the high-demand 37216 market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1641 Chase St Subject | $350,000* List Price | 2 | 2 | 1,000 | $277 | - |
A 1015 Dozier Pl Sold | $265,000 | 2 | 1 | 980 | $270 | 0.5 mi |
B 2619 Pennington Ave Active | $297,000 List Price | 2 | 1 | 884 | $336 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing is for a vacant lot with no existing structure, as confirmed by the image and description stating the price is for the lot only. It represents land value for future development.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1000.
The R6 zoning on a level lot presents a high-value opportunity for investors or developers to maximize the site by constructing two residential units.
The seller offers a build-to-suit option, allowing buyers to influence the final design, finishes, and selections for a truly personalized new construction home.
The $350,000 list price covers only the lot, which may lead to budget uncertainty as the final cost is heavily dependent on fluctuating construction expenses and buyer selections.
With a projected completion in 2026, this property is not suitable for buyers needing immediate housing, requiring a long-term commitment to the construction timeline.
Level R6 lot listing price is for the lot. The seller will build two houses with pricing dependent on selections
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,000 | 1,752.5 | 4% |
| Lot Size | 7,841 | 12,850 | 11% |
| Price | $350.0K | $560.0K | 21% |
| Price per sq ft | $350 | $330 | 64% |
| Built year | 2026 | 1950 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 660 | 1% |
May 30, 2026
$350,000
Initial Listing