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- LoopNet Team
1618-1626 State
Nashville, TN 37203
State St Development Site · Land For Sale
·
1.14 AC
INVESTMENT HIGHLIGHTS
- 1.14 AC Midtown Development Site
- By-Right Zoning Allows for 5 FAR in 15 Stories
- Covered Land Play Optionality
- Seller Financing Available
PROPERTY FACTS
DESCRIPTION
Situated in the heart of Midtown, the property spans 1.14 acres with an assemblage opportunity for an additional 0.20 acres. This exceptional site offers the potential to develop a high-density project in one of Nashville’s most sought-after submarkets. The existing improvements total 27,086 SF of infill industrial space, currently 100% leased on short-term leases, providing an income-generating covered land play while pursuing future redevelopment. Seller is open to discussing seller financing. Conceptual massing studies illustrate two potential development scenarios: a 570-unit Type I high-rise project or a 250-unit 5/2 wood-frame podium project.
