3904 Milford Rd, Nashville, TN 37218, Nashville, 37218 - 1 bed, 1 bath
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Nashville, TN 37218
This Residential Redevelopment Asset represents a strategic land-value play with a List Price of $249,900. While the existing structure is in Teardown Condition with a Condition Score of 6, the primary value is driven by the Substantial Lot Size of 0.59 acres. This property offers a competitive entry point into the Nashville market for new construction, despite the $197,093 Fair Market Value estimation. Due to restricted access and "as-is" terms, this acquisition is ideal for Fix-and-Flip Investors or Developers looking to capitalize on area growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3904 Milford Rd Subject | $249,900* List Price | 1 | 1 | 864 | $228 | - |
A 3810 Fairview Dr Active | $280,000 List Price | 3 | 1 | 1,161 | $241 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a potential teardown with no interior access permitted due to safety concerns. Built in 1951 and sold 'as-is' for land value, the existing structure is likely unlivable and requires demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25700, living area = 864.
The property boasts a generous half-acre lot (25,700 sqft), providing significant space and flexibility for a large-scale new construction project in the Nashville market.
Positioned as a land-value play, this site offers a prime opportunity for developers or investors to capitalize on the area's growth through a complete rebuild.
The existing structure is likely a total loss and sold strictly 'as-is,' requiring the buyer to factor in additional costs for demolition and site preparation.
The seller's prohibition of entry to the property prevents traditional physical inspections, creating high risk and likely limiting financing options to cash-only buyers.
Half an acre lot! Property is being sold as is where is. The house may be a teardown and seller doe snot warrant the condition. Seller requests buyers to not enter property at any circumstance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 864 | 1,450 | 3% |
| Lot Size | 25,700 | 11,761 | 79% |
| Price | $249.9K | $350.0K | 28% |
| Price per sq ft | $289 | $207 | 88% |
| Built year | 1951 | 1971 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 320 | 1% |
Feb 23, 2026
$249,900
Initial Listing