Current Use by Public Records
- Land
Property Details for 1201 Graycroft Ave
- Lot size
- 1.04 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.734
- Latitude
- 36.2488
