1112 W Grove Ave Active Save Request In-Person Tour Request Virtual Tour
Nashville,TN 37203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $675
Subdivision 12 South
MLS Listing ID 2791250
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,543
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 46 X 145
Property Sub-Type Single Family Residence
Property Description
Prime Building Lot in 12 South – Ideal for New Construction. Located in the highly desirable northwest corner of 12 South, just off 12th Ave S, this prime lot offers unmatched convenience to Belmont, Edgehill, The Gulch, and is just four blocks from the new Ashwood Commons shopping center and the heart of 12 South's commercial district. This property is best suited for new construction rather than renovation, as it is non-contributing and sits outside of a historic overlay. A favorable front setback allows for a home to be positioned closer to the street, maximizing backyard space. The freshly paved alley behind the property is among the widest and most accessible in the neighborhood opportune for construction staging and delivery. The sale includes a survey and building plans, with additional development groundwork already in progress by the current owner—details to be made available to the buyer. While the existing structure is in decent condition for its age, it offers minimal architectural charm and limited value for renovation. Seize this opportunity to build in one of Nashville's most sought-after neighborhoods! Plans are for a 5BR / 5.2BA, 4030 sqft, three story single fam home with attached 2 car garage and elevator shaft. Multiple pricing and development strategies show this property can easily exit in the mid $2M's with a 20-25% Projected ROI based on a 80% LTV Maximum. Projections are available upon request.
Location
State TN
County Davidson County
Rooms
Main Level Bedrooms 2
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace N
Appliance None
Exterior
Utilities Available Water Available
View Y/N true
View City
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Waverly-Belmont Elementary School
Middle Schools John Trotwood Moore Middle
High Schools Hillsboro Comp High School
Others
Senior Community false