
E, Nashville, TN 37206
This property presents a High-Potential Investment Opportunity with a List Price of $395,000—positioned well below the $384,592 Fair Market Value by -2%. Featuring a Condition Rating of 6, the existing 814 sqft structure serves as a prime candidate for a full-scale redevelopment. The expansive 8,276 sqft lot in the transitioning Shelby Heights community offers significant upside for a luxury new build. This is a strategic land-value acquisition ideal for Speculative Developers or Custom Home Builders seeking a high-visibility site near Nissan Stadium.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 704 Glenview Dr Subject 3 bd · 1 ba · 814 sqft · $472 | $395,000* List Price | 3 | 1 | 814 | $472 | - |
A 1201 Sevier St Active 2 bd · 1 ba · 768 sqft · $443 · 0.4 mi | $340,000 List Price | 2 | 1 | 768 | $443 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1957 (over 50 years old) with no updates, featuring a severely outdated kitchen and systems. The listing explicitly emphasizes the land value and suitability of the lot for building a new million-dollar home, selling strictly 'AS IS'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 814.
Situated in downtown Nashville directly across from the new Nissan Stadium, offering exceptional proximity to major sports, entertainment, and urban amenities.
The 8,276 sqft lot is located in a neighborhood transitioning to million-dollar, three-level luxury homes, making it a prime candidate for a high-end new build.
The property is sold strictly 'as-is' with no repairs, and the existing 814 sqft structure likely necessitates a complete teardown or extensive capital investment.
With 122 days on the market, the listing may face challenges regarding its current price point relative to the required investment for redevelopment.
Property is Vacant. Property is located in downtown Nashville across the interstate from the new Nissan Stadium. There are new 3 level homes built in this older Shelby Heights community. The area has numerous million+ dollar homes already. This lot would be a good one for such a home. Property is being sold "AS IS" . Sellers will not do any repairs.
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades 5-8 • 2.0 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 814 | 2,045.139 |
| Lot Size | 8,276 | 10,890 |
| Price | $395.0K | $556.0K |
| Price per sq ft | $485 | $305 |
| Built year | 1957 | 1971 |
| HOA | $0 | $133 |
| Days on market | 150 | 70 |
May 27, 2026
$395,000
Initial Listing