93 Hermitage AveNashville, TN 37210

  • Land
  • 0.20 AC
For Sale

Property Details for 93 Hermitage Ave

Lot size
0.20 AC
Zone code
MULTI-ZONE
Property type
Land
Property subtype
Commercial land
APN
093-11-0-226-00
APU
9311022600

Description

This exceptional 0.4-acre commercial land parcel is located in the heart of downtown Nashville, Tennessee, at 93-95 Hermitage Ave, zip code 37210, within Davidson County. The property boasts a highly desirable DTC zoning designation, offering significant development potential. Its strategic location provides unparalleled visibility, with 360-degree views from major interstate highways including I-40, I-440, I-65, and I-24. This presents a rare opportunity to acquire a piece of Nashville's coveted downtown skyline, a rapidly diminishing asset. The property consists of two lots totaling 0.4 acres, and there's potential to assemble additional contiguous parcels for even larger-scale projects. Current lease details and options for ground lease leasebacks are available upon request. Serious inquiries only. This is an exceptional investment opportunity for those seeking a prime location in one of the nation's fastest-growing cities. The property's unique characteristics and location make it ideal for a variety of commercial developments.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,722,664
    Hospitality
    $1,577,951
    Educational
    $1,312,837
    Medical
    $1,357,988
    Retail
    $2,042,191
93 Hermitage Ave, Nashville, Tennessee

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1551
Longitude
-86.7649
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
$10,391
$319,320
-
$319,320
-
$798,300
-
$798,300

FAQs

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