716 Gillock St, Nashville, TN 37216, Nashville, 37216 - 2 bed, 1 bath
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Nashville, TN 37216
Analysis of 716 Gillock St, Nashville, TN 37216 is currently available with a list price of $525,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1940, this 84-year-old structure is positioned as a redevelopment opportunity rather than a primary residence. The listing explicitly suggests tearing the house down to build four new units, and the property's value is clearly derived from the 1.4-acre lot and Metro-approved plat rather than the 755 sqft cottage. The exterior shows significant aging and neglect, and the absence of interior photos typically indicates a structure that is unlivable or requires a total gut renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 63598, living area = 755.
The property is already Metro-approved for four buildable lots, providing a shovel-ready opportunity that significantly reduces the regulatory timeline and risk for developers.
Offers multiple high-yield strategies, allowing a buyer to either renovate the existing 1940s home and build three additional units or clear the site for four brand-new constructions.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =63598, other record lot size in square feet = 6970.
The existing 1940s residence is very small at 755 sqft and likely requires extensive rehabilitation or costly demolition to maximize the site's utility.
Realizing the full potential of the four-lot approval requires significant upfront capital for infrastructure and construction, making it less accessible to traditional residential buyers.
4 lots ready to build. Approved thru Metro. You can rehab the first house and build 3 more. or tare it down and build 4. Map & Parcel 061-14-0-139.00, Parcel 140, Parcel 141 and Parcel 142. See attached survey layout.See attached link to show approved plat layout of approved development thru Metro Planning.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 755 | 1,741.5 | 1% |
| Lot Size | 63,598 | 12,850 | 98% |
| Price | $525.0K | $542.5K | 50% |
| Price per sq ft | $695 | $330 | 97% |
| Built year | 1940 | 1950 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 581 | 1% |
Jan 15, 2026
$525,000
Initial Listing