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    504 4Th Ave Nashville, TN 37210

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    For Sale
    Contact for pricing

    Downtown Nashville redevelopment opportunity.

    Property size:
    8,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity encompasses two properties located in Nashville's vibrant SoBro South Market district at 504 4th Ave South and 319 Peabody St, totaling 26,571 square feet (150' x 178') of fenced land. The existing structures, totaling 8,160 square feet, are a single-story, 1968-built building currently classified as Class C, with permitted Downtown Code (DTC) zoning. This presents a unique chance to redevelop a mixed-use property encompassing multifamily, office, and hospitality elements. The properties are situated in the Lafayette submarket of downtown Nashville, within Davidson County, TN, zip code 37210. The site's size and zoning offer significant potential for a variety of projects, catering to the area's growing demand for diverse commercial and residential spaces. The existing buildings, while functional, provide a blank canvas for a modern, high-impact development. This is a rare chance to acquire a substantial land parcel in a prime Nashville location, poised for significant appreciation. The property's location offers easy access to Nashville's thriving downtown core, providing convenient access to major transportation routes, amenities, and employment centers. This is an ideal opportunity for developers seeking a high-return investment in a rapidly expanding urban market.

    Property Features for 504 4Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    8,160 SF
    Class
    C
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1968
    Stories
    1

    HighLights

    • Submarket: Lafayette, Nashville, TN.
    • 8,160 SF single‑story building constructed in 1968.
    • 26,571 SF fenced lot (approximately 150' x 178').
    • Property includes two addresses: 504 4th Ave South and 319 Peabody St, Nashville, TN 37210.
    • Downtown Code (DTC) zoning.
    • 0.61‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    United Credit Financial Institution Catchy Vape Smoke Shop

    Suggested Use

    Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Building Supply Pharmacy Daycare Center Restaurant Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7732544
    Latitude
    36.1557207

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    FAQs

    What type of property is this?
    Multifamily property - Downtown Nashville redevelopment opportunity.
    Where is this multifamily property located?
    The property is located at 504 4Th Ave Nashville, TN.
    What are key features of this property?
    This property features: Submarket: Lafayette, Nashville, TN.; 8,160 SF single-story building constructed in 1968.; 26,571 SF fenced lot (approximately 150' x 178').
    Request Owner's contact information
    504 4Th Ave Nashville, TN 37210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    504 4Th Ave Nashville, TN 37210
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