1201 Graycroft Ave Nashville, TN 37115
This exceptional 1.04-acre corner lot presents a unique investment opportunity in Nashville, Tennessee. Situated at 1201 S Graycroft Ave, in the desirable Madison neighborhood, this property boasts a prime location with high visibility. The lot is zoned ON (Office Neighborhood), offering flexibility for various commercial and residential developments. A 2024 hydrology study has already been completed, streamlining the development process. The property's strategic location at a lighted intersection experiences a daily traffic count exceeding 16,000 (recorded in 2023), ensuring significant exposure. Architectural site plan renderings are available as examples to inspire potential development ideas. The existing single-family home (built in 1961, 1,960 sq ft, 3 bedrooms, 2.5 bathrooms) is owner-occupied and should not be disturbed. The property's APN is 051-06-0-039.00, and it's offered as a fee simple ownership. Located in Davidson County, TN, zip code 37115, this property combines suburban tranquility with easy access to downtown Nashville's amenities. The property's transition policy code is T3 Suburban. This is a rare opportunity to acquire a substantial parcel of land in a thriving area with significant development potential. The combination of high traffic count, favorable zoning, and completed hydrology study makes this an attractive proposition for discerning investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.