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Nashville Luxury Development Opportunity
For Sale
$2,190,000

20 Lucile St, Nashville, TN 37207

Boutique 10-unit residential development opportunity with downtown views.

Property SizeContact for details
Lot Size0.62 Acres
Days on Market221

Property Features for 20 Lucile St

General Information

Standard status Active
Lot size 0.62 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $911

Amenities

Level
Listing Agency: SVN ACCEL COMMERCIAL REAL ESTATE
Listed By: KUNAL PATEL
Source: Corcoran
Added: Jan 14 Changed: Aug 8 Last Checked: Jul 16 at 7:20AM

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 SVN ACCEL COMMERCIAL REAL ESTATE

Investment Insights

Based on property information with market context.

This property presents a boutique 10-unit luxury residential development opportunity in a prime Nashville location, offering direct Downtown skyline views. The elevated site provides a rare chance to create a design-forward, high-end product in an established neighborhood. The planned 10-unit project is positioned to capture buyer demand for luxury residences that combine skyline views, modern architecture, and access to Nashville’s core employment and entertainment districts. Located minutes from Downtown, Midtown, and The Gulch, the property benefits from connectivity while maintaining a residential setting. Surrounding high-end infill and neighborhood appreciation support premium pricing and long-term value creation. The site is zoned RM20A. Civil work and preliminary architectural plans are complete. The seller is working on short-term rental eligibility approval. This offering suits developers or investors seeking a small-scale, high-margin luxury project in one of Nashville’s desirable urban submarkets, representing a chance to execute a differentiated luxury development with views, proximity, and limited competitive supply.

Key Highlights

  • Direct Downtown Nashville skyline views
  • Boutique 10‑unit luxury residential development opportunity
  • Prime location minutes from Downtown, Midtown, and The Gulch

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 37207, TN

38,719
Population
18,698
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
2,006
Density / Sq Mi
$60,102
Median Household Income
$38,115
Median Earnings
$1,200
Median Rent
$332,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Boutique 10-unit residential development opportunity with downtown views.
Where is this residential land & home lot located?
The property is located at 20 Lucile St Nashville, TN.
What is the asking price?
The asking price for this property is $2,190,000.
What are key features of this property?
This property features: Direct Downtown Nashville skyline views; Boutique 10‑unit luxury residential development opportunity; Prime location minutes from Downtown, Midtown, and The Gulch
More about this property
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