813 Watts Ln, Nashville, TN 37209, Nashville, 37209 - 0 bed, 0 bath
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813 Watts Ln
Nashville, TN 37209
ACTIVE
CONDITION: TEAR DOWN
0Beds
0Baths
3,605Sq Ft
68,389Lot Size
Property Price
LIST PRICE$1,750,000
SUMMARY
West Nashville, Shovel-Ready Development Opportunity. Fully entitled, SP for 18 attached residential HPR units. Site, utility, stormwater, and landscape plans in place. Approved for up to 3 stories (30' to eave) with sqft approx 2,400 per unit with two car garages. Builders/developers, all you have to do is finalize your architectural designs for final approvals. Survey and all civil documents included (see Media section). Conveniently located to Downtown Nashville (16 min), Nashville West shopping (4 min) and Nashville International Airport (25 min).
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
The property is marketed as a shovel-ready development opportunity for 18 residential units. The existing structure on the site is a dilapidated building that must be demolished to make way for the new construction. The value of the listing is based on the land and the approved development entitlements rather than the current improvements.
PROSSTRENGTHS & OPPORTUNITIES
- Shovel-Ready Entitlements
The property is fully entitled with an SP for 18 residential units and includes all civil, utility, stormwater, and landscape plans, significantly reducing the typical development lead time.
- Strategic West Nashville Location
Ideally situated just 16 minutes from Downtown Nashville and 4 minutes from Nashville West shopping, providing excellent accessibility and high demand for future residents.
- Optimized Unit Density
The site is approved for 18 high-density units of approximately 2,400 sqft each with three-story designs and two-car garages, maximizing the revenue potential of the 1.57-acre lot.
CONSRISKS & DEFICIENCIES
- Pending Architectural Approvals
While civil documents are complete, the developer must still finalize and secure final approvals for architectural designs, which adds a final layer of planning and cost.
- Development Capital Intensity
The $1.75M acquisition price for land requires significant upfront capital and exposes the buyer to construction cost fluctuations across an 18-unit build-out.
About 813 Watts Ln
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2025
- Lot Size
- 68,389 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 2.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,605 | 1,551.684 |
| Lot Size | 68,389 | 871 |
| Price | $1.75M | $365.8K |
| Price per sq ft | $485 | $238 |
| Built year | 2025 | 2003 |
| HOA | $0 | $260 |
| Days on market | 206 | 83 |
Pricing History
Listed for Sale
Apr 1, 2026
$1,750,000
Initial Listing