2
beds
1
bath
1,000
sqft
Built in
1950
Prime Building Lot in 12 South – Ideal for New Construction. Located in the highly desirable northwest corner of 12 South, just off 12th Ave S, this prime lot offers unmatched convenience to Belmont, Edgehill, The Gulch, and is just four blocks from the new Ashwood Commons shopping center and the heart of 12 South’s commercial district. This property is best suited for new construction rather than renovation, as it is non-contributing and sits outside of a historic overlay. A favorable front setback allows for a home to be positioned closer to the street, maximizing backyard space. The freshly paved alley behind the property is among the widest and most accessible in the neighborhood opportune for construction staging and delivery. The sale includes a survey and building plans, with additional development groundwork already in progress by the current owner—details to be made available to the buyer. While the existing structure is in decent condition for its age, it offers minimal architectural charm and limited value for renovation. Seize this opportunity to build in one of Nashville’s most sought-after neighborhoods! Plans are for a 5BR / 5.2BA, 4030 sqft, three story single fam home with attached 2 car garage and elevator shaft. Multiple pricing and development strategies show this property can easily exit in the mid $2M's with a 20-25% Projected ROI based on a 80% LTV Maximum. Projections are available upon request.
-
Listing Status:
-
Active
-
Date Added:
- February 13, 2025
—
82 days ago
-
Listing Office:
-
Compass, David Binkley (615-347-9068)
-
Office Phone:
-
615-383-6964
-
MLS ID:
-
2791250
Features & Amenities
Interior
- Appliances:
- None
- Basement:
- Other
- Flooring:
- Other
- A/C:
- true, Other
- Heating:
- true, Other
Exterior
- Parking:
- Parking spaces: 0
Construction
- General:
- One
Location
- Originating MLS:
- realtrac
- County:
- Davidson County, TN
Lot
- Zoning:
- 10509016400
- View:
- City, View
Utilities
- Utilities:
- Water Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- realtrac
This listing courtesy of:
Compass, David Binkley
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
About Nashville, TN
Housing
- Number of Units
- 225,396
- Median Home Value
- $363,974
- Median Rent
- $1,107
48.97%
of
housing units are renter occupied.
9.38% are vacant.
Commute
- Car
-
58.49%
- Public Transportation
-
1.85%
- Walk to Work
-
2.41%
- Work from Home
-
36.43%
- Other
-
0.58%
The median travel time to work is
16 minutes.
People
- Population
- 470,530
- Median Age
- 35.40
- Median Household Size
- 2.42
Education
- High School
-
18.49%
- Associate’s Degree
-
5.15%
- Bachelor’s Degree
-
29.98%
- Graduate Degree
-
19.24%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
