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4405 Gallatin Pike - 14 Unit Townhome Build 3 Lots

0.68 Acres of Commercial Land Offered at $1,999,000 in Nashville, TN 37216

Investment Highlights

  • 14 Townhome Units: Approved and ready for construction.
  • Developed Plans In Hand
  • Prime Location: On Gallatin Pike in the rapidly growing East Nashville, known for its vibrant cultural scene, eclectic dining, and entertainment

Executive Summary

Prime Development Opportunity in Thriving East Nashville – 4405 Gallatin Pike
Unlock the potential of this shovel-ready development site, perfectly positioned in one of Nashville's most vibrant and sought-after neighborhoods. Located at 4405 Gallatin Pike, this rare opportunity offers 14 townhome units, all of which are short-term rental eligible (non-owner occupied), making it a highly attractive investment for developers, investors, and those seeking rental income in the heart of Music City.
Key Highlights:
14 Townhome Units: Approved and ready for construction.
Shovel-Ready: Site is prepared, with all necessary permits and plans to be in place at closing—start building immediately.
Short-Term Rental Eligible: Capture Nashville’s booming tourism market with units available for non-owner-occupied short-term rentals.
Prime Location: Nestled on Gallatin Pike in the rapidly growing East Nashville, known for its vibrant cultural scene, eclectic dining, and entertainment options.
High ROI Potential: With the short-term rental market in high demand, this project offers exceptional return potential, making it an ideal investment in a hot market.
This is your chance to bring a visionary project to life in Nashville’s ever-growing real estate market. Whether you’re a seasoned developer or a new investor, 4405 Gallatin Pike promises to deliver high returns and long-term value. Don't miss out on this unique opportunity!

Property Facts

Price $1,999,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 0.68 AC

1 Lot Available

Lot

Price $1,999,000
Price Per AC $2,939,706
Lot Size 0.68 AC

Level lot fronting heavily travelled Gallatin Pike. Sale to include adjacent lots 4403 & 0 Gallatin Pike.

Description

Current single family residence located on 3 lots.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 061-07-0-185
  • 061-07-0-184
Land Assessment
$148,520
Improvements Assessment
$0
Total Assessment
$148,520

zoning

Zoning Code OR20 (office and residential, intended for office and/or residential multi-family uses up to 20 dwelling units per acre)
OR20 (office and residential, intended for office and/or residential multi-family uses up to 20 dwelling units per acre)
  • Listing ID: 33248880

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 4405 Gallatin Pike, Nashville, TN 37216

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