4405 Gallatin Pike Nashville, TN 37216
This exceptional 0.68-acre development site, located at 4405 Gallatin Pike in Nashville, Tennessee (zip code 37216, Davidson County, APN 061-07-0-183.00), presents a remarkable opportunity for investors and developers. Zoned OR20, the property is shovel-ready for the construction of 14 townhome units, all approved and permitted for short-term rentals (non-owner occupied). This prime location in the thriving East Nashville neighborhood offers unparalleled access to the area's vibrant cultural scene, diverse dining options, and entertainment venues. The site's preparation is complete, eliminating delays and allowing for immediate construction commencement. The high demand for short-term rentals in Nashville ensures significant return on investment potential, making this a highly attractive proposition in a rapidly growing market. This is a chance to capitalize on the booming tourism sector and create a lucrative rental income stream. The asking price for this exceptional property is $1,999,000. This opportunity is ideal for those seeking a high-return investment in a dynamic and desirable location. Don't miss this chance to build in one of Nashville's most sought-after areas.
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
Similar Nearby for Sale
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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.