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4102 Gallatin Pike - Gallatin Pike Redevelopment -3.3 Acres

2.7 Acres of Commercial Land Offered at $3,600,000 in Nashville, TN 37216

Investment Highlights

  • Dynamic East Nashville
  • Proximate to New Job Growth
  • Entitled 38 Lots
  • High Barrier to Entry
  • All Utilities
  • In THE Path of Progress

Executive Summary

CBRE is pleased to announce the exclusive offering of 4102
Gallatin Pike (“Site”), a 2.7-acre mixed-use development
opportunity in the highly desirable East Nashville neighborhood.
Located along one of the city’s busiest corridor’s, Gallatin Pike, the
site is a gateway to East Nashville’s hottest restaurants, employers,
and developments. The site consists of three parcels and is
zoned in a SP (Specific Plan). The SP is approved for 38 units of
townhomes (for rent or for sale) on 2.49 acres and up to 15,000 SF
of commercial on an adjoining 0.21 acres which front Gallatin Pike.

Data Room Click Here to Access

Property Facts

Price $3,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
Total Lot Size 2.70 AC

1 Lot Available

Lot

Price $3,600,000
Price Per AC $1,333,333
Lot Size 2.70 AC

2.7 Acres Entitled 38 Units 15,000 SF Commercial Space Dynamic East Nashville Neighborhood Flat All Utilities

Description

The Site offers investors the opportunity to develop a high-end mixed-use destination spanning 2.7 acres, featuring residential and commercial opportunities. Divided into three adjacent development zones, this upcoming project will significantly contribute to the growth of East Nashville and Inglewood Neighborhoods. The entire development has the potential to accommodate 38 luxurious townhomes and single-family units, alongside 15,000 square feet of commercial space along Gallatin Ave. Investors have a remarkable chance to acquire all three zones along a major thoroughfare in one of the most sought-after neighborhoods in Nashville.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 061-11-0-264
  • 061-11-0-278
Land Assessment
$113,300
Improvements Assessment
$33,280
Total Assessment
$146,580

zoning

Zoning Code SP (38 Units of Multifamily and 15,000 SF of Commercial Space)
SP (38 Units of Multifamily and 15,000 SF of Commercial Space)
  • Listing ID: 31643519

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 4102 Gallatin Pike, Nashville, TN 37216

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