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1003 Douglas Ave 4.3 Acres of Commercial Land in Nashville, TN 37206
Investment Highlights
- Please reach out to listing broker for guidance
Executive Summary
Newmark is pleased to present 1003 Douglas Avenue, a fully designed and entitled multifamily development opportunity allowing for 284 units in the cultural epicenter of East Nashville.
With multifamily construction starts in Nashville down by nearly 30% since 2022, 1003 Douglas allows for the next owner to build and deliver quality, in-fill product in what’s anticipated to be a highly-supply constrained market.
With multifamily construction starts in Nashville down by nearly 30% since 2022, 1003 Douglas allows for the next owner to build and deliver quality, in-fill product in what’s anticipated to be a highly-supply constrained market.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Apartment Units |
| Property Type | Land | Total Lot Size | 4.30 AC |
| Zoning | SP | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 4.30 AC |
| Zoning | SP |
1 Lot Available
Lot
| Lot Size | 4.30 AC |
| Lot Size | 4.30 AC |
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 072-13-0-246 | Improvements Assessment | $4,012,320 |
| Land Assessment | $2,272,000 | Total Assessment | $6,284,320 |
Property Taxes
Parcel Number
072-13-0-246
Land Assessment
$2,272,000
Improvements Assessment
$4,012,320
Total Assessment
$6,284,320
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Photos
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1003 Douglas Ave
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