
Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $247,965 Fair Market Value by -0.8%. While the property is in a Fair Condition Rating (6/10), the 3,920 sqft lot in a rapidly gentrifying corridor offers significant upside for new construction. The existing structure is at the end of its functional life, making this an ideal Value-Add Asset for Fix-and-Flip Investors or Contractors seeking to capitalize on the surrounding three-story development trend.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 800 26th Ave N Subject | $250,000* List Price | 3 | 1 | 907 | $273 | - |
A 2519 Herman St Active | $220,000 List Price | 3 | 1 | 780 | $282 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1950 with no evidence of major renovations in over 70 years, this property is marketed primarily as a development opportunity for builders. The listing description emphasizes the potential for a new custom single-family home and highlights surrounding new 3-story construction, suggesting the existing structure is likely at the end of its functional life and the value is in the land.
Situated in one of Nashville's fastest-growing neighborhoods, the property offers exceptional proximity to downtown, Germantown, the Buchanan Arts District, and major development corridors.
Surrounded by modern three-story construction, this lot is ideal for builders looking to create a custom single-family home or investors seeking a high-value renovation project.
With a competitive entry price point for the 37208 zip code, the property provides significant upside potential and strong resale prospects in a booming real estate market.
The property is sold strictly as-is, which likely necessitates a full gut renovation or demolition, requiring substantial additional capital and construction expertise.
At 3,920 square feet, the compact lot size may restrict the building footprint and limit outdoor living space compared to larger residential parcels in the vicinity.
Prime investment opportunity in one of Nashville's fastest - growing neighborhoods! Just minutes from downtown, Germantown, Buchanan Arts District, TSU, and city hotspots. Ideal for investors or builders looking to build a custom single-family home or renovate the existing structure. Surrounded by new 3- story construction. Short distance from coffee shops, parks, and major development corridors. Whether you're looking to create your dream home or capitalize on the booming market with strong resale potential, this property delivers location and potential. Cash or Conventional. Sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 907 | 1,477 | 12% |
| Lot Size | 3,920 | 6,098 | 28% |
| Price | $250.0K | $350.0K | 32% |
| Price per sq ft | $276 | $274 | 53% |
| Built year | 1950 | 1955 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 591 | 1% |
Mar 12, 2026
$250,000
Initial Listing
Sep 23, 1994
$21,000
Public Record