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Development Opportunity in Nashville
For Sale
$2,700,000

2804 Gallatin Pike, Nashville, TN 37216

Centrally located parcel with development potential.

Property SizeContact for details
Lot Size1.44 Acres
Days on Market195

Property Features for 2804 Gallatin Pike

General Information

Standard status Active
Lot size 1.44 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $17,188
Listing Agency: THE ASHTON REAL ESTATE GROUP OF RE/MAX ADVANTAGE
Listed By: GARY ASHTON · License #278725
Source: Corcoran
Added: Feb 9 Changed: Aug 8 Last Checked: Jul 15 at 8:47PM

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 THE ASHTON REAL ESTATE GROUP OF RE/MAX ADVANTAGE

Investment Insights

Based on property information with market context.

This centrally located parcel offers significant development potential. The back portion of the property is planned for subdivision into an approximately 0.85-acre vacant lot. Concept plans suggest the possibility of constructing up to 14 townhomes, although buyers should independently verify this potential. The property's eligibility for short-term rentals is also to be confirmed by the buyer. Planning and zoning authorities have indicated no restrictions on the subdivision, and the owner/seller is currently in the process of submitting the necessary subdivision application. Please note that Gyros Restaurant is not included in the sale.

Key Highlights

  • Significant development potential with concept plans for up to 14 townhomes (buyer to verify).
  • Centrally located parcel.
  • Approximately 0.85‑acre vacant lot to be subdivided.

Property Analytics

Current Use

Chicago Style Gyros ... Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Carpet & Flooring Store Dental Office Furniture & Home Goods Pet Grooming Service

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

650
Businesses Nearby

Demographics for 37216, TN

18,191
Population
9,574
Households
1.9
Avg Household Size
36
Median Age
57%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,134
Median Household Income
$54,407
Median Earnings
$1,507
Median Rent
$404,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Centrally located parcel with development potential.
Where is this residential land & home lot located?
The property is located at 2804 Gallatin Pike Nashville, TN.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Significant development potential with concept plans for up to 14 townhomes (buyer to verify).; Centrally located parcel.; Approximately 0.85‑acre vacant lot to be subdivided.
More about this property
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