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    400 Lafayette St Nashville, TN 37203

    Sponsored
    For Sale
    $2,250,000

    0.15-acre commercial lot, Downtown zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.15-acre commercial land parcel presents a unique investment opportunity in Nashville's vibrant SoBro/Lafayette district. Located at 400 Lafayette Street, this property boasts a premium corner location at the intersection of 4th Avenue South, offering unparalleled visibility and accessibility. Its Downtown Code (DTC) zoning allows for a diverse range of development possibilities, including hotel, entertainment venues, residential, or dining establishments. The site's strategic position near The Gulch, the Division Street connector, and major interstates I-40 and I-65 ensures exceptional connectivity and high traffic volume. Situated approximately one mile from downtown Nashville's core, this location benefits from the city's thriving economy and robust tourism sector. Preliminary plans for a twelve-story hotel have been developed for this site, showcasing the property's significant development potential. This is a rare chance to acquire a highly desirable, centrally located parcel in one of Nashville's most sought-after neighborhoods. The asking price is $2,250,000. This property is zoned DTC and is located in Davidson County, Tennessee, zip code 37203.

    Property Features for 400 Lafayette St

    General Information

    Property type
    Land
    Lot Size
    6,534 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Chill Beach Beach Pavillion

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.771781247783
    Latitude
    36.152262877498

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    FAQs

    What type of property is this?
    Land - 0.15-acre commercial lot, Downtown zoning.
    Where is this land located?
    The property is located at 400 Lafayette St Nashville, TN.
    What is the asking price?
    The asking price for this property is $2,250,000.
    Request Owner's contact information
    400 Lafayette St Nashville, TN 37203
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    Nashville, TN 37203
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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
    400 Lafayette St Nashville, TN 37203
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