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515 W Trinity Ln - Proximity Developed Lots 0.1 Acres of Residential Land in Nashville, TN 37207
Investment Highlights
- EXCEPTIONAL INFILL NASHVILLE LOCATION ALONG W TRINITY LANE
- FLEXIBLE SITE PLAN & ARCHITECTURAL OPTIONALITY
- ATTRACTIVE RENTAL MARKET DYNAMICS
- DIVERSE LOT CONFIGURATION WITH MULTIPLE PRODUCT TYPE
- STRONG RETAIL SALES FUNDAMENTALS
- EXISTING INFRASTRUCTURE INVESTMENT REDUCES DEVELOPMENT TIMELINE
Executive Summary
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.10 AC |
| Zoning | SP | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.10 AC |
| Zoning | SP |
1 Lot Available
Lot
| Lot Size | 0.10 AC |
| Lot Size | 0.10 AC |
Developed Townhome Lots with Ready-to-Permit Architecture | Nashville Growth Corridor
Description
Positioned in the heart of one of Nashville’s fastest-growing urban corridors, the offering presents a rare opportunity to acquire developed and platted townhome lots within an established in?ll development. The Property offers investors and developers a highly ?exible execution strategy with the ability to capitalize on continued demand for attainable for-sale housing in North Nashville while tailoring product size and design to current market preferences. The available lots include a mix of slab and tuck-under product types across multiple buildings, providing optionality for varying price points, parking con?gurations, and end-user pro?les. Importantly, the Seller’s SP remains ?exible, allowing a future developer to build the current approved architectural plans or revise the plans to better align with today's dynamic market. Current retail sales throughout the submarket continue to demonstrate strong buyer demand for smaller, more efficient townhome product, with recent comparable sales supporting pricing in excess of $300/SF and few homes available under $600,000. In addition to compelling for-sale fundamentals, the surrounding rental market further reinforces the viability of the project. Nearby townhome communities such as Aria continue to achieve strong rental rates for both three- and four-bedroom product, highlighting durable demand from Nashville’s growing renter-by-necessity and lifestyle renter demographics.The offering is further enhanced by signi?cant existing infrastructure investment, including completed foundation work for Building M. A purchaser will reimburse approximately $240,000 for the existing foundations, equating to roughly $40,000 per lot, representing a meaningful reduction in future development timeline and execution risk. With immediate proximity to Downtown Nashville, strong retail and residential growth along the Trinity Lane corridor, ?exible development potential, and proven market demand for townhome product, the Property represents a compelling opportunity to deliver highly marketable housing in one of Nashville’s most rapidly evolving submarkets.
Property Taxes
| Parcel Number | 071-01-0E-061-00 | Improvements Assessment | $0 |
| Land Assessment | $29,375 | Total Assessment | $29,375 |
Property Taxes
Contacts
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Austin Heithcock -
Adam Klenk -
Jordan Arand -
Quentin Nichols -
Blake Wiser -
Northmarq
Presented by
515 W Trinity Ln - Proximity Developed Lots
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