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Berry Hill Redevelop 2700-2702 Greystone 2 Properties Offered at $4,000,000 in Nashville, TN

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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.

ATTACHMENTS

24064 GRAYSTONE - AREA STUDY 2024-08-24
2702 Greystone_Profit and Loss by Month

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
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 -
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  • Listing ID: 37991007

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: Berry Hill Redevelop 2700-2702 Greystone, Nashville, TN

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