
Nashville, TN 37216
This Prime Development Asset is listed at $600,000, fairly priced for its development potential relative to the $552,753 Fair Market Value. With a Condition Rating of 6, the property is a complete teardown, offering a "clean slate" to leverage R15 Zoning and the 0.73-acre lot for two single-family homes. The site features a distant Nashville city skyline view near East Nashville, though it is served by Cotton Elementary, Gra-Mar Middle, and Maplewood High. This high-potential land play is perfectly suited for Real Estate Developers or Land Investors focused on urban infill.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 737 Saunders Ct Subject | $600,000* List Price | 3 | 1 | 1,349 | $410 | - |
A 4106 Edwards Ave Sold | $595,900 | 3 | 1 | 1,599 | $373 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing explicitly states that the existing structures are complete teardowns and non-habitable, requiring full demolition. Built in 1940 with no evidence of recent renovations, the property is being marketed for its 0.73-acre lot and development potential rather than the utility of the current building.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31799, living area = 1349.
Zoned R15 on a generous 0.73-acre lot, this property offers the rare opportunity to construct up to two single-family homes, making it an ideal site for investors or developers.
Situated just minutes from downtown Nashville and East Nashville hotspots, the property provides exceptional access to premier dining, music venues, and major commuter routes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =31799, other record lot size in square feet = 32670. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The existing structures are non-habitable and require full demolition, necessitating immediate additional capital investment for site clearing before any development can begin.
The property is zoned for schools with lower performance ratings (2 and 3), which may limit the appeal for families prioritizing high-ranking educational districts.
Amazing opportunity to own 0.73 acres in the heart of Davidson County, just minutes from downtown Nashville, East Nashville hotspots, commuter routes, and some of the city’s most sought-after dining, music, outdoor recreation, and cultural destinations. Zoned R15 in Nashville, TN, this property offers excellent development potential, allowing for the construction of up to two single-family homes (buyer to verify all zoning and building requirements). The existing structures will be complete teardowns - providing a true clean slate to build your dream home(s) or investment property. Located in one of Nashville’s most desirable and steadily appreciating areas, the property benefits from strong demand, convenience, and walkability. Schedule your showing today to experience firsthand why opportunities like this in Davidson County attract serious interest and sell quickly!
No exterior & parking available.
Grades PK-4 • 1.9 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,349 | 1,741.5 | 25% |
| Lot Size | 31,799 | 12,850 | 92% |
| Price | $600.0K | $550.0K | 64% |
| Price per sq ft | $445 | $330 | 93% |
| Built year | 1940 | 1950 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 582 | 1% |
Jan 20, 2026
$600,000
Initial Listing