0 Fern AveNashville, TN 37207
- Land
- 7.74 AC
Property Details for 0 Fern Ave
- Lot size
- 7.74 AC
- Property type
- Land
Description
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.
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.1958
- Longitude
- -86.7772
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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