
Nashville, TN 37209
Analysis of 813 Watts Ln, Nashville, TN 37209 is currently available with a list price of $1,750,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
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.
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.
Ideally situated just 16 minutes from Downtown Nashville and 4 minutes from Nashville West shopping, providing excellent accessibility and high demand for future residents.
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.
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.
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.
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).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 2% |
| Baths | 0.0 | 3.0 | 2% |
| Square foot | 3,605 | 1,460 | 98% |
| Lot Size | 68,389 | 436 | 98% |
| Price | $1.75M | $407.9K | 98% |
| Price per sq ft | $485 | $284 | 98% |
| Built year | 2025 | 2014 | 95% |
| HOA | $0 | $185 | 5% |
| Days on market | 21 | 249 | 2% |
Apr 1, 2026
$1,750,000
Initial Listing