2501 Clifton AveNashville, TN 37209

  • Retail properties
  • 2.39 AC
For Sale
$12,000,000 View listing

Property Details for 2501 Clifton Ave

Lot size
2.39 AC
Zone code
MULTI-ZONE
Property type
Retail properties
Property subtype
Parking lots & garages
APN
092-10-0-356-00
APU
9210035600

Description

This exceptional 2.39-acre site in Nashville's City Heights neighborhood is fully entitled for the development of 52 luxury townhomes, each exceeding 2,000 square feet. Approved grading permits, a site plan, and architectural plans are in place, eliminating significant pre-construction hurdles and allowing for immediate groundbreaking. The project is designed for urban sophistication, with each four-story townhome featuring a private rooftop deck offering stunning downtown views. The prime location provides residents easy access to Nashville's vibrant core, top-rated hospitals, and a diverse range of dining and entertainment options. City Heights is experiencing rapid growth, making this a compelling investment opportunity in a highly desirable area poised for long-term appreciation. The asking price is $12,000,000, translating to approximately $5,020,921 per acre. The property is zoned MUG-A. Alternative plans for a five-story mixed-use development, including first-floor commercial space and 212 apartment units, are also available upon request. This ready-to-build project presents a unique chance to capitalize on Nashville's booming real estate market.

2501 Clifton Ave, Nashville, Tennessee

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1577
Longitude
-86.814
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
$40,840
$1,249,280
$5,800
$1,255,080
-
$3,123,200
$14,500
$3,137,700

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