
Nashville, TN 37218
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $353,786 Fair Market Value by -5%. While the current structure holds a Condition Rating of 6, the value is strictly in the land, offering a massive 17,860 sqft lot in a high-activity redevelopment zone. This asset is primed for total reconstruction or new construction projects. It is an ideal acquisition for Real Estate Developers or Fix-and-Flip Investors seeking to capitalize on Nashville’s growing residential market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1915 Manchester Ave Subject 3 bd · 1 ba · 975 sqft · $363 | $375,000* List Price | 3 | 1 | 975 | $363 | - |
A 1720 County Hospital Rd Active 2 bd · 1 ba · 806 sqft · $326 · 0.2 mi | $263,000 List Price | 2 | 1 | 806 | $326 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1960 (64 years old) with no evidence of renovations. The listing explicitly states the value is in the land and describes it as a teardown opportunity in a redevelopment area, matching the criteria for properties >50 years old with land-only value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 975.
Located in a high-activity redevelopment zone with numerous nearby teardown and new construction projects, validating the area's growth and investment appeal.
The expansive 17,860 sqft lot offers significant space for a large-scale new build or potential development, providing rare flexibility in an urban Nashville setting.
The existing 1960s structure is sold strictly 'AS IS' with value placed solely on the land, necessitating the immediate cost and effort of demolition or total reconstruction.
The property is zoned for middle and high schools with low academic ratings (3/10 and 1/10), which may limit the resale appeal to families once the site is redeveloped.
Investor opportunity in a redevelopment area. Property being sold AS IS. Value is in the land. Multiple teardown and new construction projects nearby support redevelopment potential. Priced with land value and area activity in mind—serious inquiries only. No owner financing—cash or conventional only. Buyer to verify all information.
No exterior & parking available.
Grades PK-4 • 2.2 mi
Grades 5-8 • 8.4 mi
Grades 9-12 • 5.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 975 | 2,045.139 |
| Lot Size | 17,860 | 10,890 |
| Price | $375.0K | $556.0K |
| Price per sq ft | $385 | $305 |
| Built year | 1960 | 1971 |
| HOA | $0 | $133 |
| Days on market | 193 | 70 |
Apr 14, 2026
$375,000
Initial Listing