Log In/Sign Up
Your email has been sent.
Berry Hill Redevelop 2700-2702 Greystone 2 Properties Offered at $4,000,000 in Nashville, TN
Investment Highlights
- Redevelopment Opportunity: Prime infill site in Nashville with potential for 3–4 story mixed-use redevelopment. Prelim site plan supports 47 res units
- Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.
- Financials: Existing single-tenant office provides interim income. Profit & loss statement available
Executive Summary
Redevelopment Opportunity: Prime infill site in Nashville with potential for 3–4 story mixed-use redevelopment. Preliminary site plan supports 47 residential units plus ground-floor retail.
Land Basis: Offered at $4,000,000 total site cost. Strong upside for developers targeting condo sellout or mixed-use rental hold.
Conceptual Program: ±40,280 SF gross; ~32,000 RSF residential, ~8,000–10,000 SF retail. Unit mix includes studios, 1BR, and 2BR formats.
Parking: 40 spaces on-site. Additional leased parking nearby may be secured for higher density options.
Financials: Existing single-tenant office provides interim income. Profit & loss statement available.
Market Drivers: Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.
Pro Forma Returns: At base case condo pricing ($575/SF), projected exit of ~$20M. Upside scenario ($625–650/SF) supports 20%+ IRR for equity investors.
Flexible Exit Strategies: Works as condo sellout, boutique multifamily rental, or repositioned mixed-use asset.
Land Basis: Offered at $4,000,000 total site cost. Strong upside for developers targeting condo sellout or mixed-use rental hold.
Conceptual Program: ±40,280 SF gross; ~32,000 RSF residential, ~8,000–10,000 SF retail. Unit mix includes studios, 1BR, and 2BR formats.
Parking: 40 spaces on-site. Additional leased parking nearby may be secured for higher density options.
Financials: Existing single-tenant office provides interim income. Profit & loss statement available.
Market Drivers: Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.
Pro Forma Returns: At base case condo pricing ($575/SF), projected exit of ~$20M. Upside scenario ($625–650/SF) supports 20%+ IRR for equity investors.
Flexible Exit Strategies: Works as condo sellout, boutique multifamily rental, or repositioned mixed-use asset.
Taxes & Operating Expenses (Pro Forma - 2026) |
Annual |
|---|---|
| Gross Rental Income |
$179,520
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$179,520
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$70,977
|
| Net Operating Income |
$108,543
|
Taxes & Operating Expenses (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $179,520 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $179,520 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $70,977 |
| Net Operating Income | |
|---|---|
| Annual | $108,543 |
Property Facts
| Price | $4,000,000 | Number of Properties | 2 |
| Price / SF | $713.01 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 5,610 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.58 AC |
| Status | Active |
| Price | $4,000,000 |
| Price / SF | $713.01 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,610 SF |
| Total Land Area | 0.58 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2700 Greystone Rd, Nashville, TN 37204 | Land | 0.32 AC | 1951 | - |
| 2702 Greystone Rd, Nashville, TN 37204 | Office | 5,610 SF | 1951 | - |
1 1
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Berry Hill Redevelop 2700-2702 Greystone
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.