Nashville Land for Mixed-Use
For Sale
$3,995,000
5011 Michigan Ave, Nashville, TN 37209
Commercially zoned land in The Nations, ideal for development.
Property Size9,314 SF
Lot Size0.38 Acres
Price / SF$428.92
Days on Market237
Property Features for 5011 Michigan Ave
General Information
Standard status
Active
Size
9,314 SF
Lot size
0.38 Acres
Property subtype
Commercial
Building Details
Year Built
1978
Listing Agency:
BENCHMARK REALTY, LLC
(615) 510-3006
Listed By:
TIFFANY BURTON
Source:
Corcoran
Added: Dec 18, 2025
Changed: Aug 8
Last Checked: Aug 9 at 5:51AM
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 BENCHMARK REALTY, LLC
Investment Insights
Based on property information with market context.
This offering features two commercially zoned lots combined, situated in The Nations neighborhood. The property includes 150 feet of frontage on 51st Ave N and 110 feet on Michigan Ave, along with alley access. Metro ordinance changes have eliminated setbacks and increased unit density limits, enhancing development flexibility. The location is in a walkable and high-visibility corridor, suitable for mixed-use, live/work, or multi-family development. Buildings can be constructed up to the sidewalks and three stories tall, with rooftop decks. The property is surrounded by successful neighboring projects, including retail storefronts with residential units above along 51st Ave and Centennial Blvd. The sellers have closed their auto body repair business. The property, also known as 910 51st Ave N, is being sold AS-IS for land and buildings only. The property size is 9,314 square feet. This presents a development opportunity in a rapidly transforming neighborhood now open to unprecedented by-right development.
Key Highlights
- Significant development flexibility due to recent metro ordinance changes eliminating setbacks and increasing unit density limits.
- Prime location in The Nations**, a walkable and high‑visibility corridor.
- Commercially zoned lots with 150’ frontage on 51st Ave N and 110’ on Michigan Ave, plus alley access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 37209, TN
40,498
Population
21,421
Households
1.9
Avg Household Size
32
Median Age
57%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
1,205
Density / Sq Mi
$75,810
Median Household Income
$48,965
Median Earnings
$1,580
Median Rent
$495,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned land in The Nations, ideal for development.
Where is this commercial land located?
The property is located at 5011 Michigan Ave Nashville, TN.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Significant development flexibility due to recent metro ordinance changes eliminating setbacks and increasing unit density limits.; Prime location in The Nations**, a walkable and high‑visibility corridor.; Commercially zoned lots with 150’ frontage on 51st Ave N and 110’ on Michigan Ave, plus alley access.
