639 7Th AveNashville, TN 37203

  • Land
  • 0.06 AC
For Sale
$1,450,000 View listing

Property Details for 639 7Th Ave

Lot size
0.06 AC
Zone code
DTC
Property type
Land
Property subtype
Commercial land
APN
093-14-0-221-00
APU
9314022100

Description

This exceptional 2,926 square foot lot, located at 639 7th Ave S in Nashville, Tennessee, presents a remarkable opportunity for developers. Priced at $1,450,000, this property boasts a highly desirable Downtown Nashville address and is zoned DTC, allowing for the construction of a building up to eight stories high with a zero lot line. This flexibility maximizes buildable space and offers significant potential for a variety of projects. A concept design, included in the accompanying photos, illustrates the possibility of a residential building with 2-4 bedrooms, showcasing the property's potential for high-density development. However, the DTC zoning allows for a range of other development options, making this a versatile and attractive investment. The property's location in the heart of downtown Nashville provides unparalleled access to the city's vibrant amenities, including restaurants, entertainment venues, and public transportation. This is a rare chance to acquire a prime piece of land in one of Nashville's most sought-after areas. The lot's size and zoning regulations combine to create a unique opportunity for a high-return investment. Serious inquiries are encouraged. The zip code is 37203, and the Davidson County location offers easy access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $516,878
    Hospitality
    $473,458
    Educational
    $393,911
    Medical
    $407,459
    Retail
    $612,751
639 7Th Ave, Nashville, Tennessee

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1512
Longitude
-86.7779
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,422
$135,880
-
$135,880
-
$339,700
-
$339,700

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