For Sale
$40,000,000

Fern Ave Nashville, TN 37207

7.74 acres, prime multifamily site.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 7.74-acre land assemblage in Nashville, TN, presents a remarkable opportunity for high-density multifamily development. Located at 1214 Brick Church Pike, in Davidson County, zip code 37207 (36.1957949, -86.7772344), this property is zoned TBZ MU-I and offers significant potential for a large-scale residential project, estimated to accommodate 400-600 units. The site's strategic location in the heart of Nashville provides easy access to urban amenities while maintaining a tranquil atmosphere. Currently leased, with the lease expiring August 1, 2024, this acquisition offers a steady income stream during the planning and development phases. The asking price is $40,000,000, translating to approximately $2,325,581 per acre. This represents a compelling investment in a rapidly growing market, allowing developers to capitalize on the high demand for housing in Nashville. The mixed-use zoning overlay further enhances the property's versatility and development potential, creating a unique opportunity to build a thriving residential community. Don't miss this chance to be part of Nashville's dynamic growth.

Highlights

  • $40,000,000 asking price for 7.74 acres of commercial land.
  • Located in Nashville, TN (Davidson County), at Fern Ave, zip code 37207.
  • TBZ MU-I zoning permits high-density multifamily development.
  • Land value: $2,325,581/acre.
  • Currently leased, lease expires August 1, 2024.

Property Details for 0 Fern Ave

Property type
Land
Lot Size (sq. ft)
337,154 SF

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1957949
Longitude
-86.7772344

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FAQs

What type of property is this?
Land - 7.74 acres, prime multifamily site.
Where is the land located?
The property is located at Fern Ave Nashville, TN.
What is the asking price?
The asking price for this property is $40,000,000.
What are key features of this property?
This property features: $40,000,000 asking price for 7.74 acres of commercial land.; Located in Nashville, TN (Davidson County), at Fern Ave, zip code 37207.; TBZ MU-I zoning permits high-density multifamily development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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(615) 499-9445

Contacts

Cindy Brooks
Cindy Brooks
Visit Broker Website

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Fern Ave
Nashville, TN 37207

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Nashville, TN 37207

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

0 Fern Ave
  • Cindy Brooks
    Cindy Brooks
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