Tear-Down Ready Church
1828 9th Ave N Nashville, TN 37208
1828 9th Ave N, Nashville, TN, 37208
$450,000
For Sale
$450,000
Existing masonry church sits on a deep 50x168 lot with R6 zoning for redevelopment in North Nashville.
Property Size2,590 SF
Price / SF$173.75
Days on Market45
Property Features for 1828 9th Ave N
General Information
- Standard status
- Active
- Size
- 2,590 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1999
Listing agency
Synergy Realty Network, LLC
(615) 726-9312
Listed by
Christina Flournoy
(615) 726-9312
Source
Xome
Added: Jun 7 Updated: Jul 20 at 7:47PM Checked: Jul 21 at 3:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Synergy Realty Network, LLC
Investment Insights
Based on property information with market context.
Located at 1828 9th Ave N in Nashville, this tear-down ready site includes an existing 2,590 sq ft masonry structure that was formerly a church. The property sits on a 50x168 lot and is presented as an opportunity for redevelopment or adaptive reuse (buyer to verify), with the existing footprint offering flexibility for a range of concepts, subject to applicable approvals.
The property is described as R6-zoned, supporting density potential and infill development considerations. The remarks position the site as minutes from the Buchanan Arts District, Germantown, MetroCenter, and Downtown Nashville, in an area experiencing ongoing neighborhood transformation and new construction.
The property is described as R6-zoned, supporting density potential and infill development considerations. The remarks position the site as minutes from the Buchanan Arts District, Germantown, MetroCenter, and Downtown Nashville, in an area experiencing ongoing neighborhood transformation and new construction.
Key Highlights
- R6‑zoned redevelopment property at 1828 9th Ave N in North Nashville
- 50x168 lot with tear‑down ready opportunity for new construction (density permitting)
- Existing 2,590 SF masonry structure, formerly a church
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.4k | $21.00 |
| − Vacancy | −$11.1k | −$4.31 |
| EGI | $43.2k | $16.70 |
| − OpEx | −$10.8k | −$4.17 |
| NOI | $32.4k | $12.52 |
2,590 SF · lease $21.00/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$463.3K
$405.4K – $540.5K
NOI $32,430 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$659.3K
$576.9K – $769.2K
NOI $46,154 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Church & religious facility - Existing masonry church sits on a deep 50x168 lot with R6 zoning for redevelopment in North Nashville.
Where is this church & religious facility located?
The property is located at 1828 9th Ave N Nashville, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: R6‑zoned redevelopment property at 1828 9th Ave N in North Nashville; 50x168 lot with tear‑down ready opportunity for new construction (density permitting); Existing 2,590 SF masonry structure, formerly a church
