
Nashville, TN 37204
This Prime Residential Development Site is listed at $807,400, representing a strategic Asset acquisition in Nashville’s high-demand 37204 zip code. While the list price sits above the $675,260 Fair Market Value, the valuation is anchored by the expansive 20,038 sqft lot and significant HPR development potential. With a Condition Score of 6, the property is positioned as a premier infill opportunity, prioritizing land value over the existing structure. Its location within the elite Glendale Elementary School (9/10) zone ensures substantial resale strength for new builds. This is an ideal project for Luxury Home Developers or Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3511 Wilbur Pl Subject | $807,400* List Price | 3 | 3 | 1,696 | $398 | - |
A 947 Greerland Dr Sold | $1,000,000 List Price | 3 | 2 | 1,767 | 0.7 mi | |
B 1010 Draughon Ave Sold | $810,000 | 3 | 2 | 2,043 | $396 | 0.3 mi |
C 904 Noelton Ave Sold | $835,000 | 3 | 2 | 1,388 | $602 | 0.3 mi |
D 3510 Wilbur Pl Active | $782,400 List Price | 4 | 2 | 1,488 | $526 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1941 (83 years old) with no mentioned renovations. The listing explicitly targets developers and builders for an 'infill property opportunity' and is being sold 'As Is,' indicating the value lies 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 = 20038, living area = 1696.
Elementary School: Glendale Elementary School (9/10).
Positioned as a prime infill opportunity in a high-demand area for new construction and Horizontal Property Regimes (HPRs), catering specifically to builders and developers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20038, other record lot size in square feet = 26136.
The property is sold strictly in 'As-Is' condition, implying the 1941 structure likely requires a complete tear-down or substantial remediation, increasing upfront project costs.
At a list price exceeding $800,000 for what is primarily land value, the high acquisition cost requires a sophisticated development strategy to maintain profitable margins.
DEVELOPERS AND BUILDERS, most will consider this an INFILL PROPERTY opportunity!!. This area is "on Fire" for new construction, mainly HPR's. Across the street, 3510 Wilbur Place (House & Lot) and 3511 Wilbur Place (Adjoining Lot) or both for sale, also!! I expect Offers for all three. but will consider all Offers. All three properties are being sold "As IS."
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades K-4 • 2.8 mi
Grades K-4 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,696 | - |
| Lot Size | 20,038 | - |
| Price | $807.4K | $556.8K |
| Price per sq ft | $476 | $306 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 86 | 484 |
Apr 14, 2026
$807,400
Initial Listing