Listing Agency: Foundry Commercial Nashville Show Phone

Listed By: Andrew Maxwell, SIOR · License #TN306668

Source: Crexi

Added: Feb 25 Changed: Aug 29 Last Checked: Aug 29 at 8:51PM

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Investment Insights

Based on property information with market context.

This commercial land offering is positioned as an infill development site with frontage along Wedgewood Avenue. The property layout supports planning for multiple uses or development phases, including multifamily, townhome, residential, and mixed-use concepts.

The site is 2 miles from Downtown Nashville and less than a 5 minute drive away. It is near the I-65 interchange and situated between Wedgewood-Houston and the Geodis Stadium/Fairgrounds mixed-use development, placing the property within an urban development context.

Key Highlights

• 2 miles from Downtown Nashville
• Less than a 5 minute drive to Downtown Nashville
• Frontage along Wedgewood Avenue

Property Analytics

Current Use

WUG Arch Resort

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store HVAC Service Tanning Salon Daycare Center Grocery & Convenience Store

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

1,158

Businesses Nearby

Explore this area Business Placement

Demographics for 37203, TN

20,429

Population

16,422

Households

1.2

Avg Household Size

30

Median Age

67%

College-Educated

93%

High-School Grad

4.2 sq mi

ZIP Area

4,864

Density / Sq Mi

$69,671

Median Household Income

$55,399

Median Earnings

$1,881

Median Rent

$519,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Development site with Wedgewood Avenue frontage near the I-65 interchange and access to Downtown Nashville.

Where is this commercial land located?

The property is located at 615 Wedgewood Ave Nashville, TN.

What are key features of this property?

This property features: 2 miles from Downtown Nashville; Less than a 5 minute drive to Downtown Nashville; Frontage along Wedgewood Avenue