Land value in North Nashville / Nations
I'm curious what people are buying land for in the Nations / North Nashville TN area? Recently getting calls from potential sellers interested in selling and feel that the house should be knocked down and repurposed for HPR. If this is the case, can any home builders speak to what they are buying land for in these scenarios?
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Ballpark for our build team, we are around 22-25% of retail exit for Nations pads and 18-23% of exit for North Nashville pads. Happy to give you feedback/input on any specific streets.