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1509-1511 4th Ave S
Nashville, TN 37210
Asking Price
$2.75M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.83 acres <ul><li>Address: 1509-1511 4th Ave S., Nashville, TN Qualified Opportunity Zone</li><li>Size: ±0.83 Acres</li><li>Type: Commercial Land for Development</li><li>Zoning: CS: Commercial Service / Ov- Uzo: Urban Zoning Overlay</li><li>Location: Prime central location minutes from Wedgewood-Houston, GEODIS Park/Fairgrounds, and downtown Nashville. The site is neighboring many new & proposed mixed-use/multifamily developments.</li></ul>
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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995
