For Sale
$1,250,000

4602 Indiana AveNashville, TN 37209

Prime .4-acre site, R-6 zoned, three buildings

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional .4-acre property in Nashville's desirable Nations neighborhood presents a unique development opportunity. Located at the corner of 46th Avenue North and Indiana Avenue, the site boasts an R-6 zoning designation, allowing for multiple one- and two-family residential developments. The property comprises three parcels totaling approximately 1,636 square feet, including a 1,636 square foot chapel with a kitchen and nursing room, and two additional single-family structures (approximately 1,516 and 750 square feet respectively). One single-family home is currently leased month-to-month. Built in 1950 and renovated in 2022, the existing structures offer a turnkey facility for a religious institution or immediate redevelopment potential. The property's central location offers impressive access to I-40 (0.4 miles to the entrance), placing it within easy reach of Nashville's amenities. The surrounding area exhibits a high average household income ($109,894 within a 1-mile radius) and average home prices of $636,397, indicating strong market demand. This is an exceptional investment opportunity for developers seeking a prime location in a thriving Nashville neighborhood. The asking price is $1,250,000.

Highlights

  • 0.4-mile proximity to I-40 W entrance.
  • R-6 zoning allows multiple one- or two-family residential developments.
  • Three existing structures on-site: a chapel with kitchen and nursery, and two single-family homes (approx. 1,516 and 750 sq ft).
  • Located in Nashville's Nations neighborhood; average home price $636,397 (Zillow, 2023).
  • High average household income: $109,894 within a 1-mile radius (Sites USA, 2023).

Property Details for 4602 Indiana Ave

Property type
Specialty properties, Churches & religious facilities
Square Feet
750 SF
Year Built/Renovated
1950/2022
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1569651
Longitude
-86.8428422
4602 Indiana Ave, Nashville, Tennessee

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4602 Indiana Ave
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