Courtesy of NextHome Music City Realty.
Property Description
Approved (SP) Fully Entitled (53 units) 1,500sf. Avg. each unit. 5 Stories, 4 Level Multi-Family Apartment or Condo with Garage Level Below w/89 parking spaces. Potential to increase to 200+ Units w/144 park, with purchase of bordering property, ask Agent for details. Gateway to Nashville West, Target/Walmart Retail Corridor. 90,000sf. GBA Building Footprint, 1.34ac. 40 Units Per Ac. allowed can increase unit count with bordering acreage which can be purchased separately. Priced below market for multi-family land. West Nashville ranked 2nd in highest Rental Income District vs Downtown Nashville. Subject property’s area Rent avg. is $2.39sf. Across from The Summit Nashville West Apartments and Novel West. On Oct. 18, 2022 Metro Council Approved SP of 53 units.
Open House
Property Details and Features
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Listing
- Days on Market: 457
- Listing Price: 3499000
- Status: Active
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Location
- Address: 0 Charlotte Pike, W
- City: Nashville
- State: TN
- Zip: 37209
- County: Davidson County, TN
- Subdivision: Charlotte West Flats
- Directions: From Nashville head West on I-40 take Exit 201 onto Charlotte Pike, US-70, turn right onto Charlotte Pike and slight right turn onto Old Charlotte Pike and the lot is on the left.
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Lot
- Acres: 1.34
- Size: 1.34
- Size Source: Survey
- Size Units: Acres
- Topography: LEVEL,ROLLI
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Property
- Zoning: SP
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Schools
- Elementary: Gower Elementary
- Middle/Junior High: H G Hill Middle School
- High School: James Lawson HS
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Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
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