
Nashville, TN 37206
A rare development opportunity in the heart of East Nashville. Zoned R10 and situated on approximately 3 acres with approximately 158.7 feet of road frontage along Eastland Avenue, this property offers exceptional potential in a highly desirable location. The property backs up to the greenway and is just minutes from popular local restaurants, shopping and neighborhood amenities. The existing residence is configured as two units, providing potential rental income while future plans are explored. Unit A features two bedrooms and one bathroom on the main level, plus a finished basement with an additional open living area, closet, full bathroom and access to a one-car garage. Unit B offers two bedrooms and one bathroom, along with a separate one-car garage and generous basement storage. Whether considering redevelopment, new construction or continued use as an income-producing property, the acreage, extensive road frontage and East Nashville location create a variety of possibilities. Buyer and buyer’s agent to complete all due diligence regarding R10 zoning, subdivision, development potential, permitted uses, utilities and property information. Preferred Lender offering 1% of the loan amount in lender credit and free appraisal
Property is land value only, full reconstruction required.
Built in 1962 (62 years old) with no mentioned renovations to kitchens, baths, or systems. The listing explicitly markets the property as a 'rare development opportunity' for redevelopment or new construction on 3 acres, indicating the primary value is in the land rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 130680, living area = 1620.
Situated on approximately 3 acres with R10 zoning and 646 feet of road frontage, this property offers a rare and significant subdivision or redevelopment opportunity in a high-demand area.
The property is ideally positioned in the heart of East Nashville, backing up to the greenway and located just minutes from popular local dining, shopping, and neighborhood amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1620, other record living area = 2057.
At a list price of $2.25 million, the acquisition cost is heavily weighted toward development potential, making it less attractive for buyers seeking a traditional single-family residence.
Many of the assigned public schools in the immediate area carry low performance ratings, which could be a deterrent for developers targeting the family-oriented residential market.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 1.5 mi
Grades PK-4 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,620 | 2,045.139 |
| Lot Size | 130,680 | 10,890 |
| Price | $2.25M | $556.0K |
| Price per sq ft | $1.4K | $305 |
| Built year | 1962 | 1971 |
| HOA | $0 | $133 |
| Days on market | 134 | 70 |
Jun 12, 2026
$2,250,000
Initial Listing