0 Lakeland Dr Nashville, TN 37214
This exceptional 5.08-acre property presents a remarkable development opportunity in Nashville, Tennessee. Located at the intersection of Elm Hill Pike and McGavock Pike, this land boasts frontage on McGavock Pike and Lakeland Dr, offering excellent visibility and accessibility. The property comprises two contiguous parcels, zoned R-10 and RS-10, allowing for a high residential density of approximately 19 units. Its strategic location provides convenient access to major transportation arteries, including I-40, Highways 155 and 255, and is only two miles from Nashville International Airport. This translates to easy commutes to downtown Nashville and surrounding areas. All essential utilities—gas, water, electric, and public sewer—are readily available on-site, eliminating significant infrastructure hurdles for new construction. The asking price is $1,995,000. This is an ideal site for builders and developers seeking to capitalize on Nashville's thriving real estate market. The property's address is 0 Lakeland Dr, Nashville, TN 37214, within Davidson County.
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.