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For sale 1 day ago

$400,000

26136 sqft

815 W Trinity Ln, Nashville, TN 37207

Lot

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Small Multifamily 3 lots zoned R6 (2-build each) Development Land in Nashville

815 W Trinity Lane presents a unique opportunity for development in the Haynes neighborhood, one of the most vibrant and fastest growing areas of Nashville. This offering includes 2 adjacent land parcels, totaling .6 acres (070-08-0-044.00 and 070-08-0-043.00) .

With its generous size and R6 zoning this land offering can potentially support 4 duplex structures totaling 8 units, although the possibilities for various development projects.

Multi-duplex/townhome construction is next to the property and across the street, which is likely the highest and best use of this land. The property is strategically situated, providing easy access to the city's amenities, entertainment hotspots, corporate development, and is just down the road from the new Titians Stadium, Oracle office development, and Top Golf facility. A mix of conveniences and natural beauty, with a view of the Nashville skyline, make this an ideal blank canvas for those seeking to be a part of Nashville's dynamic growth. Again, this sales offering includes 2 adjacent parcels: 070-08-0-044.00 and 070-08-0-043.00, with the larger parcel split into 3, you will have a total of 4 R6 parcels.

Location:

815 W Trinity Ln, Nashville, TN 37207

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.