716 Gillock St, Nashville, TN 37216, Nashville, 37216 - 2 bed, 1 bath
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716 Gillock St
Nashville, TN 37216
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
755Sq Ft
63,598Lot Size
Property Price
LIST PRICE$499,900
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
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.
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 = 63598, living area = 755.
- Development Ready
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.
- Investment Versatility
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Structure Condition
The existing 1940s residence is very small at 755 sqft and likely requires extensive rehabilitation or costly demolition to maximize the site's utility.
- Capital Intensive
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.
About 716 Gillock St
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 63,598 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 755 | 2,045.139 |
| Lot Size | 63,598 | 10,890 |
| Price | $499.9K | $556.0K |
| Price per sq ft | $662 | $305 |
| Built year | 1940 | 1971 |
| HOA | $0 | $133 |
| Days on market | 282 | 70 |
Pricing History
Listed for Sale
May 2, 2026
$499,900
$525,000
-5% Price Drop
Initial Listing
Price Change
Jan 15, 2026
$525,000
Initial Listing