
Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $369,900—positioned well above the $361,074 Fair Market Value by -2%. Featuring R-6 Zoning and a 7,841 sqft lot, this asset is optimized for high-density development. With a Condition Rating of 6, the structure is intended for demolition, allowing for a clean-slate build. The inclusion of a survey and site plans minimizes pre-development friction. This is a strategic acquisition ideal for Residential Developers or Speculative Investors targeting the high-growth 37208 market.
Property is land value only, full reconstruction required.
Built in 1920 and over 100 years old with no recorded renovations. The listing explicitly states it is being sold for land value and development opportunity only, with no interior showings allowed, indicating the structure is likely unlivable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1161.
The R-6 zoning allows for two separate builds on the lot, offering a high-yield opportunity for investors and developers to maximize the property's footprint.
The inclusion of a current survey and available building plans for two units significantly reduces lead time and upfront administrative costs for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1161, other record living area = 974. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The lack of interior showings limits the buyer's ability to assess the existing structure, effectively restricting the pool to land-value investors only.
Marketed strictly for land value, the property necessitates the additional expense and logistical effort of demolishing the existing 1920s structure before development can begin.
Development Opportunity with R-6 Zoning Allowing 2 Builds * Current survey available in Documents *. Being sold for land value / development only, no showings of interior at this time. Seller is builder and has plans for one options of building two units - available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,161 | - |
| Lot Size | 7,841 | - |
| Price | $369.9K | $556.8K |
| Price per sq ft | $319 | $306 |
| Built year | 1920 | 0 |
| HOA | $0 | $0 |
| Days on market | 18 | 484 |
Jul 7, 2026
$369,900
Initial Listing