This Redevelopment Asset represents a High-Potential Investment Opportunity with a List Price of $350,000, reflecting a fair entry point relative to its $347,271 Fair Market Value. With a Condition Rating of 6, the property is marketed for its significant 7,405 Sqft Lot and Zoning Flexibility, offering potential for higher density or new construction. Situated near the rapidly developing Nolensville Pike corridor, this location ensures strong long-term demand. This is an optimal Value-Add acquisition for Fix-and-Flip Investors or Developers targeting Nashville’s urban core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 Peachtree St Subject | $350,000* List Price | 2 | 1 | 1,288 | $270 | - |
A 2110 Sadler Ave Sold | $299,999 List Price | 3 | 2 | 1,568 | 0.6 mi | |
B 331 Oriel Ave Active | $419,900 List Price | 2 | 2 | 1,303 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1930 and sold as-is, this property is marketed primarily for its land value and redevelopment potential. The listing explicitly suggests new construction or rezoning for higher density, indicating the 94-year-old structure is likely at the end of its functional life with no significant recent renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1288.
The property boasts exceptional accessibility to I-24, downtown Nashville, Vanderbilt, and 12 South, making it a highly desirable spot for commuters and urban dwellers.
With potential for rezoning to higher density, vertical expansion, or new construction, this property offers significant flexibility for investors to maximize the lot's value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The home is being sold in as-is condition and requires extensive renovation or demolition, which may pose challenges for traditional financing and require significant upfront capital.
Built in 1930 with a modest 2-bedroom, 1-bathroom layout, the existing structure likely lacks modern amenities and efficient systems expected by today's buyers.
Conveniently located off I-24, this home could be a fixer upper, offering a chance for renovation (addition on the rear or go vertical with it) new construction, or potential rezoning for higher density. New construction next door as Nolensville Pike has new development going up all around it. Quick access to interstates, downtown, Vanderbilt, 12 South, etc. Selling home as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 1,288 | 1,290 | 48% |
| Lot Size | 7,405 | 10,019 | 45% |
| Price | $350.0K | $377.5K | 45% |
| Price per sq ft | $272 | $295 | 40% |
| Built year | 1930 | 1950 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 138 | 436 | 5% |
Dec 5, 2025
$350,000
Initial Listing