Property Description

Adjacent land at 2700 Greystone also available for purchase adding an additional .35 acres Redevelopment Opportunity: Prime infill site in Nashville with potential for 3-4 story mixed-use redevelopment. Preliminary site plan supports 47 residential units plus ground-floor retail.Land Basis: Offered at $4,000,000 total site cost. Strong upside for developers targeting condo sellout or mixed-use rental hold.Conceptual Program: +40,280 SF gross; ~32,000 RSF residential, ~8,000-10,000 SF retail. Unit mix includes studios, 1BR, and 2BR formats.Parking: 40 spaces on-site. Additional leased parking nearby may be secured for higher density options.Financials: Existing single-tenant office provides interim income. Profit & loss statement available.Market Drivers: Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.Pro Forma Returns: At base case condo pricing ($575/SF), projected exit of ~$20M. Upside scenario ($625-650/SF) supports 20%+ IRR for equity investors.Flexible Exit Strategies: Works as condo sellout, boutique multifamily rental, or repositioned mixed-use asset.

Property Features