603 James Ave, Nashville, TN 37209, Nashville, 37209 - 2 bed, 1 bath
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Nashville, TN 37209
This Charlotte Park Development Asset represents a High-Potential Investment Opportunity with a List Price of $350,000, aligning perfectly with its $350,000 Fair Market Value. Marketed in Tear-Down Condition, the property’s value is anchored in its confirmed 2-Build HPR Zoning and expansive 10,019 sqft lot. The 50x216 dimensions provide the necessary footprint for two high-end single-family residences in a proven Nashville growth corridor. This is a strategic, high-utilization acquisition perfectly suited for Developers and Real Estate Investors looking to maximize ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 603 James Ave Subject | $350,000* List Price | 2 | 1 | 964 | $363 | - |
A 5900 Carl Pl Sold | $299,900 List Price | 2 | 1 | 781 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing description and property analysis explicitly state the 1930s structure is a tear-down. The property is being marketed for its land value and development potential for two new single-family homes rather than the condition of the existing dwelling.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 964.
The property is a confirmed 2-build HPR lot, allowing for the construction of two single-family homes, which significantly maximizes the investment return in a high-demand Nashville market.
Featuring a deep 50x216 lot totaling over 10,000 sqft, the parcel provides ample space and flexibility for modern architectural designs and substantial backyard space for future residents.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The existing 1930s structure is a complete tear-down, requiring immediate demolition expenses and offering no rental income potential during the pre-construction phase.
The assigned middle and high schools carry low performance ratings (2/10), which could be a deterrent for future family-oriented buyers once the new homes are completed.
Calling on all investors!! Highly desirable 2 Build(HPR) lot for sale in Charlotte Park. The home is a tear down. A large 50x216 size lot. Zoning Help Desk has confirmed the platted parcel meets the conditions for two single-family homes.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades PK-4 • 1.8 mi
Grades 5-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 964 | 1,640 | 13% |
| Lot Size | 10,019 | 7,405 | 76% |
| Price | $350.0K | $525.0K | 30% |
| Price per sq ft | $363 | $342 | 60% |
| Built year | 1930 | 1960 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 688 | 0% |
Apr 7, 2026
$350,000
Initial Listing
Apr 21, 1995
$25,000
Public Record