Adjacent land at 2700 Greystone also available for purchase adding an additional .35 acres
Redevelopment Opportunity: Prime infill site in Nashville with potential for 3–4 story mixed-use redevelopment. Preliminary site plan supports 47 residential units plus ground-floor retail.
Land Basis: Offered at $4,000,000 total site cost. Strong upside for developers targeting… Read More condo sellout or mixed-use rental hold.
Conceptual Program: ±40,280 SF gross; ~32,000 RSF residential, ~8,000–10,000 SF retail. Unit mix includes studios, 1BR, and 2BR formats.
Parking: 40 spaces on-site. Additional leased parking nearby may be secured for higher density options.
Financials: Existing single-tenant office provides interim income. Profit & loss statement available.
Market Drivers: Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.
Pro Forma Returns: At base case condo pricing ($575/SF), projected exit of ~$20M. Upside scenario ($625–650/SF) supports 20%+ IRR for equity investors.
Flexible Exit Strategies: Works as condo sellout, boutique multifamily rental, or repositioned mixed-use asset. Read Less
Courtesy of Wilson Group Real Estate, Matthew (Matt) Davis, 6153943383.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Office
Square Ft.
5,610
Lot Size
0.26 Acres
Year Built
1951
MLS Number
3112218
Additional Details
Building
Built in 1951
Lot
0.26 acres
Taxes
Parcel Number: 11807005500, Zoning: Commercial
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