506 Southern Turf Dr, Nashville, TN 37211, Nashville, 37211 - 3 bed, 1 bath
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506 Southern Turf Dr
Nashville, TN 37211
ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
1,012Sq Ft
10,890Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$439,193
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $439,194 Fair Market Value by 3%. This valuation gap offers $14,194 in Instant Equity. With a Fair Condition Rating and Zoning R6 on an 11,000sf lot, the site is primed for developing two HPR units. Located near Geodis Park, this asset is a strategic acquisition for Fix-and-Flip Investors or Developers seeking to maximize land utility in a high-demand Nashville corridor.
Estimated Market Value
$439,193+$14,193 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 506 Southern Turf Dr Subject 3 bd · 1 ba · 1,012 sqft · $434 | $425,000* List Price | 3 | 1 | 1,012 | $434 | - |
A 2222 Kline Ave Active 2 bd · 1 ba · 840 sqft · $518 · 0.4 mi | $434,900 List Price | 2 | 1 | 840 | $518 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1954 (70 years old) with no recorded renovations. The listing is explicitly marketed as a development opportunity for its R6 zoning and land value to build two new units, indicating the current structure is likely unlivable or holds no contributory value.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1012.
- Development Potential
Zoned R6 on a generous 10,890 sqft lot, the property offers a prime opportunity to build two Horizontal Property Regimes (HPRs) in a high-demand Nashville market.
- Strategic Location
Situated near Nashville's most desirable neighborhoods including Wedgewood-Houston and Berry Hill, providing excellent proximity to downtown and major employment hubs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Dated Infrastructure
Built in 1954 with only one bathroom and limited square footage, the existing structure likely requires a full renovation or demolition to achieve its highest and best use.
- Low School Ratings
The assigned public schools have low performance ratings (2/10 and 3/10), which may limit the property's appeal to families prioritizing the local school district.
About 506 Southern Turf Dr
Development opportunity in one of Nashville's hottest neighborhoods. Right around the corner from Wedgewood-Houston, Berry Hill, and Downtown Nashville. Walkable to Geodis Park. Over 11,000sf lot. Zoned R6 to build 2 HPRs. Ask agent for survey.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Fall- Hamilton Elementary Enhanced Option
Grades PK-4 • 0.6 mi
3/10
Glencliff Comp High School
Grades 9-12 • 2.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,012 | 2,045.139 |
| Lot Size | 10,890 | 10,890 |
| Price | $425.0K | $556.0K |
| Price per sq ft | $420 | $305 |
| Built year | 1954 | 1971 |
| HOA | $0 | $133 |
| Days on market | 10 | 70 |
Pricing History
Listed for Sale
Oct 14, 2026
$425,000
Initial Listing