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1036 2nd Ave S - 1036/1040/1042 2nd Avenue South 0.76 Acres of Commercial Land Offered at $3,950,000 in Nashville, TN 37210

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Investment Highlights

  • Strong accessibility to major routes: I-40, Lafayette Street, 2nd Avenue South, 3rd Avenue South, 4th Avenue South
  • 0.767 acres of development land (divisible)
  • Located in an Opportunity Zone

Executive Summary

This property represents a rare development opportunity in a rapidly growing section of Nashville. With RM-40 zoning and Opportunity Zone designation, the site offers flexibility and potential value enhancement for residential development. Its central location provides easy access to major thoroughfares and sits within a dense and expanding urban environment characterized by rising population numbers, increasing household counts, and a diverse mix of businesses, hospitality, and dining establishments.

Property Facts

Price $3,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Development
Total Lot Size 0.76 AC
No. Stories 1
Opportunity Zone Yes
Zoning RM-40 - allowing up to 30 residential units

1 Lot Available

Lot

Price $3,950,000
Price Per AC $5,197,368.42
Lot Size 0.76 AC

The property is located in an Opportunity Zone. Site can be subdivided.

Description

The property at 1036–1042 2nd Avenue South in Nashville, Tennessee, consists of approximately 0.767 acres of development land, which is divisible. It is located within an Opportunity Zone and is zoned RM-40, allowing for residential development with the potential for up to 30 units on the site. The surrounding area has strong connectivity via major corridors including I-40, Lafayette Street, and multiple north-south avenues, offering convenient access throughout the city.

Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30839773

  • Date on Market: 2/1/2024

  • Last Updated:

  • Address: 1036 2nd Ave S, Nashville, TN 37210

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