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    1703 Stewart Pl Nashville, TN 37203

    For Sale
    $600,000

    Large lot for redevelopment in a federally mandated opportunity zone.

    Property Features for 1703 Stewart Pl

    General Information

    Standard status
    Active

    Source: EXP REALTY Agent JEREMY KELTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity in Opportunity Zone

    This property, to be sold with 1705 and 1701 Stewart Place, offers a substantial lot suitable for redevelopment. Situated within a federally mandated opportunity zone, the property provides potential tax benefits for development projects. The surrounding neighborhood features extensive commercial development and is considered walkable, with convenient access to a soccer stadium, numerous restaurants, coffee shops, bars, retail shops, and offices. The location offers accessibility to three different interstate access points, potentially mitigating traffic concerns. Current zoning regulations permit the construction of up to four units per lot, with the possibility of increased density through SP zoning, given the lot's size. The intended use of the property is for redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Pharmacy Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7714965
    Latitude
    36.1360863

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    FAQs

    What type of property is this?
    Commercial land - Large lot for redevelopment in a federally mandated opportunity zone.
    Where is this commercial land located?
    The property is located at 1703 Stewart Pl Nashville, TN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Large lot ripe for redevelopment, offering significant potential for new construction.; - Located in a federally mandated opportunity zone, providing tax benefits for development.; - Excellent location with high walkability, close to a soccer stadium, restaurants, coffee shops, bars, retail shops, and offices.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1703 Stewart Pl Nashville, TN 37203
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