
Nashville, TN 37216
This property represents a High-Potential Investment Opportunity, listed at a List Price of $730,000—positioned above the $593,549 Fair Market Value. While priced for its development potential rather than current utility, the OR20-A Zoning allows for up to 8 residential units on the expansive 17,860 sqft lot. Featuring a Condition Rating of 3, the structure is move-in ready for professional use. This asset is ideal for Real Estate Developers or Small Business Owners seeking a strategic, high-density Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4307 Gallatin Pike Subject | $695,000* List Price | 2 | 1 | 1,369 | $407 | - |
A 1311 Ardee Ave Sold | $675,000 | 3 | 2 | 1,480 | $456 | 0.9 mi |
B 4311 Saunders Ave Sold | $535,000 | 4 | 2 | 1,380 | $388 | 0.4 mi |
C 1002 Gwynn Dr Sold | $529,900 List Price | 3 | 2 | 1,487 | 0.1 mi | |
D 1062 Horseshoe Dr Sold | $535,000 | 3 | 2 | 1,469 | $364 | 0.7 mi |
E 907 Joyce Ln Active | $519,000 List Price | 3 | 2 | 1,439 | $361 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1950, the property has been significantly updated for use as a professional office. The interior features well-maintained hardwood floors, modern lighting fixtures, and updated bathroom facilities, making it functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 1369.
The OR20-A zoning allows for a legally conforming business or a live/work setup, providing unique flexibility for entrepreneurs or small business owners.
Zoned for up to 8 residential units, this property offers significant upside for developers looking to maximize density in a growing Nashville corridor.
At $730,000, the list price reflects the land's development value rather than the current 2-bedroom, 1-bathroom structure's utility as a residence.
With only one bathroom and a 1950s build date, the current structure may require significant renovations to function effectively as a modern office or high-end residence.
Live and work here! This home is a legally conforming business under metro codes including all features necessary for business use. Zoned OR20-A, this property is zoned for up to 8 residential units. Until that day comes, its ready to go as a small office. Huge flat back yard. Call agent for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,369 | 2,093.129 |
| Lot Size | 17,860 | 10,890 |
| Price | $695.0K | $568.3K |
| Price per sq ft | $508 | $307 |
| Built year | 1950 | 1971 |
| HOA | $0 | $137 |
| Days on market | 155 | 69 |
Jul 16, 2026
$695,000
$730,000
-5% Price Drop
Initial Listing
Apr 7, 2026
$730,000
Initial Listing