2516 Old Smith Springs Rd, Nashville, TN 37217, Nashville, 37217 - 4 bed, 2 bath
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Nashville, TN 37217
Analysis of 2516 Old Smith Springs Rd, Nashville, TN 37217 is currently available with a list price of $1,150,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1955, the property is over 50 years old with no evidence of renovation. The listing explicitly describes the home as uninhabitable and ready to be torn down, stating the value is strictly in the 5.3 acres of land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 230868, living area = 2954.
The property consists of 5.3 acres across two lots, offering a rare and expansive canvas for a custom estate or a multi-unit residential development in a growing market.
Perfectly positioned between Nashville International Airport (BNA) and Percy Priest Lake, the site provides exceptional convenience for travel and proximity to major recreational amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =230868, other record lot size in square feet = 115870.
The existing 4-bedroom home is in tear-down condition, necessitating immediate demolition costs and logistical planning before any new construction can begin.
Sold strictly as-is, the property places the full burden of site preparation, utility verification, and potential environmental remediation on the buyer.
Prime Development Opportunity! 5.3 Acres Near Airport & Percy Priest! Explore this rare opportunity to own two lots totaling 5.300 acres in a highly desirable location between BNA and Percy Priest Lake. This expansive property offers incredible potential for the right buyer or developer. Currently, the site includes an uninhabitable 4-bedroom home that is ready to be torn down to create something magnificent. In addition to the main structure, there are a couple of outbuildings/sheds on the property. The value is truly in the land, with its generous size, prime location, and versatile potential. Whether you’re looking to build your dream estate, explore development opportunities, or invest in acreage close to the best of Nashville, this property is being sold as-is and is ready for its next chapter. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,954 | 1,810 | 92% |
| Lot Size | 230,868 | 13,286 | 99% |
| Price | $1.15M | $356.0K | 99% |
| Price per sq ft | $389 | $200 | 99% |
| Built year | 1955 | 1970 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 258 | 1% |
Apr 4, 2026
$1,150,000
Initial Listing