
Nashville, TN 37210
This Prime Redevelopment Asset is listed at $350,000, representing a strategic land acquisition in a high-demand Nashville corridor. While the existing structure carries a $208,125 Fair Market Value and a Condition Rating of 6, the primary value lies in the 7,405 sqft Lot with confirmed Two-Home Rebuild Potential. Featuring valuable Rear Alley Access and a location steps from the university campus, the site is optimized for high-density new construction. This is a high-upside opportunity for Developers or Fix-and-Flip Investors looking to maximize ROI through ground-up development.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a redevelopment opportunity for demolition and the construction of two new homes. Built in 1930, the existing structure shows extreme neglect, is being sold as-is, and the listing description confirms its primary value lies in the land and zoning potential rather than the current dwelling.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1100.
Metro Planning has confirmed the lot is suitable for a two-home rebuild, offering significant upside for investors or developers looking to maximize density.
Situated steps from a university campus and less than 10 minutes from Downtown Nashville, the property is ideally located for high-demand rental or resale markets.
The property is being sold in as-is condition and is positioned primarily as a teardown, requiring substantial capital for demolition and new construction.
The assigned high school has a low rating of 2, which may limit the property's appeal to families prioritizing top-tier public education.
Back On the Market - Prime Location for investment property to build multiple homes on lot. Plus, back paved alley street for real garage or entrance. Metro Planning has confirmed the current zoning at 85 Factory St is appropriate for current home demo and rebuild of (2) Homes on the current lot. Steps from the university campus and less than 10 minutes from Downtown Nashville and all the attractions of Nashville. The property is being sold as-is
No exterior & parking available.
Grades PK-4 • 2.0 mi
Grades 9-12 • 3.1 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 | 30% |
| Square foot | 1,100 | 1,290 | 38% |
| Lot Size | 7,405 | 10,019 | 45% |
| Price | $350.0K | $377.5K | 45% |
| Price per sq ft | $318 | $296 | 63% |
| Built year | 1930 | 1950 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 194 | 436 | 23% |
Oct 10, 2025
$350,000
Initial Listing