Jefferson Street Development Parcel with Great Zoning

1213 Jefferson St, Nashville, TN

Update:  This property is Off Market

Beau Beach, MBA CCIM presents:

First time available for purchase in 30 years!

Booming Location

Booming corridor with many new and under construction multifamily and mixed-use projects.

Steps from the I-65 overpass.  6 blocks to Germantown.

Less than 5 minutes to world famous Broadway.  3 minutes to the new Prince’s Hot Chicken location at 2609 Jefferson.  Walking distance to Bicentennial State Park, Nashville Sounds Stadium and numerous restaurants.

Zoning

Zoned CS (Commercial Services) with two overlays: MDHA-JS and OV-UZO.

MDHA-JS permitted uses include:

      • Multi-family Dwellings
      • Assisted Living and Retirement Facilities
      • Hotels/Motels
      • Churches
      • University-related Facilities
      • Schools
      • Daycares
      • Offices
      • Medical Offices
      • General Retail (no liquor sales or adult-oriented)
      • Products
      • Service Retail
      • Restaurants (no drive-thru)
      • Nightclubs (no adult entertainment)
      • Theaters
      • Cultural Facilities

Free Site Plan

Free Site Plan available…contact Architect Gregory Spon at gspon@waremalcomb.com or 615-647-5547.

Jefferson Street Redevelopment District

Land Use Plan and Design Guidelines
Redevelopment Plan

Rough dimensions of the parcel are 102′ wide x 122′ deep.  No value assigned to 398 SF block building that was constructed in 1960.  Occupied by a tenant on a month-to-month lease.  This is a confidential offering…please do not disturb tenant.

Traffic count exceeds 20,000 vehicles per day.  No floodplain.  Located within Opportunity Zone.

 

Nearby Comparable Sales

      • 4 parcel assemblage at 1025 Jefferson sold for $127/SF of land.
      • 3 parcel assemblage at 1036 Jefferson sold for $129/SF of land.
      • 4 parcel assemblage at 1020 Jefferson sold for $104/SF of land.

 

Priced below competing properties at 1828B Jefferson and 1025 10th Avenue N.  This well priced property won’t last long.

Seller plans to select the buyer that is most likely to close the transaction.

Don’t miss this opportunity. Our office must prepare all the paperwork for this transaction.

 

LOCATION DESCRIPTION

Nashville is the capital and most populous city of the U.S. state of Tennessee. The city is the county seat of Davidson County and is located on the Cumberland River. The city’s population ranks 24th in the U.S. According to 2018 estimates from the U.S. Census Bureau, the total consolidated city-county population stood at 692,587.

Located in northern Middle Tennessee, Nashville is the major city of the largest metropolitan area in Tennessee. The 2018 population of the Nashville-Davidson–Murfreesboro–Columbia combined statistical area, a larger trade area, was 2,057,416.

Since 1963, Nashville has had a consolidated city-county government, which includes six smaller municipalities in a two-tier system.

Nashville is a center for the music, healthcare, publishing, private prison, banking, and transportation industries. It is home to numerous colleges and universities, such as Tennessee State University, Vanderbilt University, Belmont University, Fisk University, and Lipscomb University.

Entities with headquarters in the city include Asurion, Bridgestone Americas, Captain D’s, CoreCivic, Dollar General, Hospital Corporation of America, LifeWay Christian Resources, Logan’s Roadhouse, and Ryman Hospitality Properties.

  • Price: $1,199,000 ($110/SF) 
  • Area: .25 Acre  
  • Phone Number: 615-200-9330 
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