Duplex with One-Acre Development
425 Ezell Pike, Nashville, TN 37217
For Sale
$475,000
Duplex on a one-acre lot near Nashville International Airport with CS zoning for flexible residential and commercial use.
Property Size1,700 SF
Lot Size1.00 Acre
Price / SF$279.41
Days on Market142
Property Features for 425 Ezell Pike
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Compass RE
Listed By:
Holly Neumaier · License #323773
(615) 975-6138
Source:
Fridrichandclark
Added: Jun 21
Changed: Oct 31
Last Checked: Nov 8 at 12:20PM
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 Compass RE
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Investment Insights
Based on property information with market context.
This duplex sits on a one-acre lot and totals about 1,700 square feet, offering two residential sides that can support a live-in, work-from-home concept or a transition to non-residential use. The property is currently zoned CS (Commercial Services), and it has residential tenants in place. Please do not disturb tenants.
Located at 425 Ezell Pike, the property is moments from Nashville International Airport (BNA). The surrounding area includes examples of neighboring properties converting to high-demand airport-oriented uses, such as airport parking.
For buyers and operators, the combination of a functioning duplex, commercial zoning, and acreage makes this a versatile platform for a range of business directions, subject to confirmation with local zoning authorities. Prospective uses mentioned with the property include transforming the site into retail, financial services, or a hair salon, as well as using the acreage for light manufacturing, small warehouse needs, or self-storage. The provided land use policy notes District Industrial and Conservation, with the possibility of site-specific zoning for small professional or construction office suites. Non-owner occupied short-term rental (NOO STR) potential is also referenced, though all specific uses should be verified locally before proceeding.
Located at 425 Ezell Pike, the property is moments from Nashville International Airport (BNA). The surrounding area includes examples of neighboring properties converting to high-demand airport-oriented uses, such as airport parking.
For buyers and operators, the combination of a functioning duplex, commercial zoning, and acreage makes this a versatile platform for a range of business directions, subject to confirmation with local zoning authorities. Prospective uses mentioned with the property include transforming the site into retail, financial services, or a hair salon, as well as using the acreage for light manufacturing, small warehouse needs, or self-storage. The provided land use policy notes District Industrial and Conservation, with the possibility of site-specific zoning for small professional or construction office suites. Non-owner occupied short-term rental (NOO STR) potential is also referenced, though all specific uses should be verified locally before proceeding.
Key Highlights
- Duplex built in 1958 on a 1‑acre lot near Nashville International Airport (BNA).
- Property is currently zoned CS (Commercial Services) for flexible residential and commercial use.
- Land use policy listed as District Industrial and Conservation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,310
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,200
$386.2K
Cap Rate 7%
$275,857
$275.9K
Cap Rate 9%
$214,556
$214.6K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$29.6K $17.40/SF
− Vacancy
−$2.0K −$1.17/SF
EGI
$27.6K $16.23/SF
− OpEx
−$8.3K −$4.87/SF
NOI
$19.3K $11.36/SF
Area
Nashville, TN
Vacancy
6.74%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,200
Cap Rate 7%
$275,857
Cap Rate 9%
$214,556
Alternative Uses
Best Use
Multifamily LT 5
$275.9K
$241.4K – $321.8K
NOI $19,310 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$253.1K
$221.5K – $295.3K
NOI $17,720 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$432.8K
$378.7K – $504.9K
NOI $30,294 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 37217, TN
33,115
Population
14,168
Households
2.3
Avg Household Size
33
Median Age
32%
College-Educated
82%
High-School Grad
17.8 sq mi
ZIP Area
1,860
Density / Sq Mi
$61,529
Median Household Income
$37,090
Median Earnings
$1,313
Median Rent
$279,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Nashville, TN
Properties on Market for Duplexes in Nashville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a one-acre lot near Nashville International Airport with CS zoning for flexible residential and commercial use.
Where is this duplex located?
The property is located at 425 Ezell Pike Nashville, TN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex built in 1958 on a 1‑acre lot near Nashville International Airport (BNA).; Property is currently zoned CS (Commercial Services) for flexible residential and commercial use.; Land use policy listed as District Industrial and Conservation.
