Individually Owned Property summary
This exceptional 0.15-acre commercial land parcel presents a unique investment opportunity in Nashville's vibrant SoBro submarket. Situated at the corner of Lafayette Street and 4th Avenue South, this property boasts unparalleled visibility and accessibility. Its Downtown Code (DTC) zoning allows for a diverse range of development possibilities, including hotel, entertainment, residential, or dining establishments. The location is highly desirable, situated approximately one mile from the heart of downtown Nashville, near The Gulch, and conveniently close to major interstates I-40 and I-65. The site benefits from its position at the base of the Division Street connector, ensuring excellent traffic flow and exposure. A proposed 12-story hotel design is available for review, showcasing the property's potential for high-density development. The property's address is 400 Lafayette Street, Nashville, TN 37203, with APN 093-15-0-007-00. This is a single-tenancy land offering available for sale or ground lease. The site's premium location and flexible zoning make it an ideal investment for developers seeking a high-impact project in a rapidly growing area of Nashville. The property is situated in Davidson County.
Property profile
VerifiedCap rate & NOI
Current use
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Beach Pavillion
Location
Value estimations
Owner & transaction history
Zoning & alternative use
DTC, Downtown Code District. The DTC district is designed for a broad range of residential and non-residential activities associated with an economically healthy, socially vibrant, and sustainable Downtown. Included amon…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DTC · Nashville, TNDTC, Downtown Code District. The DTC district is designed for a broad range of residential and non-residential activities associated with an economically healthy, socially vibrant, and sustainable Downtown. Included amon…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
DTC, Downtown Code District. The DTC district is designed for a broad range of residential and non-residential activities associated with an economically healthy, socially vibrant, and sustainable Downtown. Included amon…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DTC in Nashville, TN.
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