
Nashville, TN 37209
This Prime Development Asset is listed at $413,000, positioned above the $250,023 Fair Market Value to reflect its premium land utility and Zoning R8 status. With a Condition Rating of 6, the existing structure is a teardown, yet the expansive 15,682 sqft Lot offers the potential to subdivide and build two homes. Located in Crolywood near Charlotte Park Elementary and Hillwood High School, this site leverages rapid neighborhood growth and proximity to downtown. This is a strategic acquisition for Real Estate Developers or Fix-and-Flip Investors seeking high-upside new construction projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 W Bend Dr Subject | $413,000* List Price | 3 | 1 | 1,776 | $141 | - |
A 436 Annex Ave Sold | $410,000 | 3 | 2 | 1,785 | $230 | 1.0 mi |
B 6526 Premier Dr Sold | $515,000 | 4 | 2 | 2,080 | $248 | 0.5 mi |
C 6413 Ranchero Dr Sold | $525,000 | 4 | 2 | 2,120 | $248 | 0.7 mi |
D 503 American Rd Sold | $328,000 | 3 | 2 | 1,492 | $220 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1950 (75 years old) with no evidence of renovation. The listing explicitly states the structure is in poor condition, advises not to enter for safety reasons, and markets the property primarily for its land value and development potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1776.
The R8-zoned parcel offers significant investment upside with the potential to subdivide and build two homes, catering perfectly to builders and developers.
Ideally situated in a rapidly growing Nashville neighborhood with convenient access to downtown, major thoroughfares, and popular dining and shopping hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1776, other record living area = 1147.
The existing structure is in a state of severe disrepair and is unsafe to enter, necessitating a complete teardown and clearing of the site.
The property is sold strictly in as-is condition, meaning the buyer must assume all costs and risks associated with site remediation and development preparation.
Investor/Builder Opportunity in Prime Nashville Location! Located at 407 West Bend Dr, this R8-zoned parcel offers excellent development potential with the possibility to build two homes (buyer to verify). Ideally situated with convenient access to downtown Nashville, dining, shopping, and major thoroughfares, this property is surrounded by ongoing growth and new construction. Existing structure is in poor condition—do not enter. Property is being sold as-is and is best suited for a full renovation or teardown. A rare chance to secure a lot in a rapidly developing area with strong upside potential.
No exterior & parking available.
Grades PK-4 • 0.7 mi
Grades PK-4 • 3.6 mi
Grades 5-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 1,776 | 1,650 | 54% |
| Lot Size | 15,682 | 7,405 | 90% |
| Price | $413.0K | $525.0K | 33% |
| Price per sq ft | $233 | $342 | 30% |
| Built year | 1950 | 1960 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 690 | 10% |
Nov 28, 2025
$413,000
Initial Listing