Active · MLS#: RTC3206003
$1,974,000
2702 Greystone Rd
Nashville, TN 37204
About this home
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.
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Property facts
- Bedrooms
- —
- Bathrooms
- —
- Square feet
- —
- Lot acres
- 0.26
- Year built
- 1951
- Garage spaces
- —
- Property type
- Office
- County
- Davidson County, TN
Location
Homes nearby
Listed by Wilson Group Real Estate · MLS#: RTC3206003 · Status: Active
Listings courtesy of RealTracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 8/18/2026, 3:56:00 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID.
