2702 Greystone Rd, Nashville, TN 37204
Active $1,974,000
No Baths
-- Beds
5,610 SqFt
0.26 Acres
- 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 $3,500,000 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.
- Year Built: 1951
- Air: null
- Heat: null
- Water: null
- Sewer: null
MLS#: 3206003
I'd love to show you this commercial property. — Alex
Alex Warren, REALTOR®
Affiliate Broker, PARIS
731-819-7536
My name is Alex Warren, and I am happy to call Dresden, Tennessee, my hometown. Growing up on a chicken farm instilled in me a strong work ethic and a deep appreciation for the value of hard labor. I ...
Hi, I'm Alex.
I'd love to walk you through this commercial property. Let me know when works for you — I'll make it easy.