1627 State St - 1627State.com | Trophy Development Site 0.59 Acres of Commercial Land Offered at $11,027,768 CAD in Nashville, TN 37203

Beau Beach, MBA CCIM presents: 1627 State Street is .59 shovel-ready acres, zoned MUI-A allowing up to 150’ of height. Given the zoning, local amenities, and a dense pipeline of multimillion-dollar developments nearby, 1627 State is optimally positioned for a landmark, high-profile project that will benefit from and further fuel downtown Nashville’s urban momentum. Why 1627 State? This is a unique opportunity to buy a zoned, shovel-ready, trophy development site next to Nashville’s demand drivers that are a catalyst to development. 1627 State is an ideal location for a high-profile new development due to its zoning flexibility, proximity to major urban destinations, and the concentration of ongoing or recent projects within its immediate area. Zoning Flexibility: The MUI-A district permits high-intensity, mixed-use, supporting residential, office, retail, and service uses in both mid-rise and high-rise configurations, making it attractive for developers seeking to capitalize on downtown Nashville’s booming demand for urban living, hospitality, and commerce. Centrally located: 1/2 mile from Amazon’s new HQ, 200 feet from the massive billion dollar Jim Reed development, 1 mile from Lower Broadway, .4 miles from Nashville’s hospital district (Ascension Midtown, Tri-Star), 1 mile from Vanderbilt, and 1/4 mile from the interstate. Urban Core Location: The site sits just blocks from Nashville’s Midtown, Music Row, and The Gulch neighborhoods—core districts for entertainment, corporate headquarters, and urban living. Height & Density Potential: MUI-A zoning supports mid to high-rise buildings, ideal for high-visibility or skyline-defining projects. Nearby Developments Within roughly 10 blocks of 1627 State Street, the following high-profile projects and ongoing developments add value to the location: * Hyve Condominiums (629 7th Ave S): 83-unit residential project, delivered in 2023. * Modera Gulch (810 Division St): 15-story mixed-use building with 376 residential units and retail, delivered in 2023. * One22One (1221 Broadway): 365,000 sq. ft. office tower, completed in 2022. * Nashville Yards: Major multi-block mixed-use redevelopment with millions of square feet of office space, 2,000+ residences, ample retail, hotel, and entertainment space—currently under phased development just north of State Street. * Various Multifamily and Mixed Use: Projects such as The Pearl II, Lofts at Marathon, and Sixth South have increased the residential density and commercial activity in the immediate area. * Luxury and Lifestyle Developments: Ongoing proposals for luxury condominium and apartment towers in and around the SoBro, Midtown, and Gulch neighborhoods continue to drive demand and urban vibrancy within walking distance to 1627 State. Strategic Location Factors Walkability to offices, music venues, major hotels, dining, and retail strengthens tenant and resident appeal. Transit access and proximity to major arterials/infrastructure support commuting and logistical needs. Synergy with urban revitalization ensures continued property appreciation and strong pre-leasing momentum. Zoning The property is zoned MUI-A with a OV-UZO overlay (removes the parking requirements). MUI-A zoning in Nashville refers to “Mixed Use Intensive – Alternative” and is designed for high-intensity mixed-use development, especially in areas that support dense, walkable neighborhoods. The “A” alternative designation means it incorporates specific building placement and bulk standards to encourage walkability, but its uses and density are otherwise identical to standard MUI zoning.? Overview of MUI-A Zoning Purpose: MUI-A is intended for areas needing a high intensity blend of residential, retail, and office uses, often in core urban corridors or near transit. Alternative Districts (-A): These districts add urban design requirements to enhance pedestrian environments. The underlying allowed uses remain the same as their non-A counterparts.? Permitted Uses MUI-A zoning permits a broad array of uses, supporting its role as an intensive mixed-use district: Residential: Apartments, condos, and other multifamily dwellings are allowed, with no specific density cap if performance standards are met. Retail: Most retail uses, from neighborhood stores to large commercial centers, are permitted as principal uses. Office: All forms of office—general, corporate, medical—are allowed, including in towers or larger footprints.? Consumer Services: Restaurants, personal service businesses, gyms, and medical clinics are commonly allowed. Other Uses: Small-scale hospitality, entertainment venues, and related community or civic facilities may be permitted, including day care, small hotels, and certain compatible light manufacturing/artisan workshops.? Notable Provisions and Restrictions Short-Term Rentals: Permitted with conditions (PC), and often subject to overlays, neighborhood constraints, and local regulation.? Urban Requirements: The -A districts, including MUI-A, must comply with walkability and urban design standards not required in standard MUI. This can affect parking, lot coverage, street interaction, and height transitions.? Associated Standards No Maximum Density: As a high-intensity district, MUI-A does not typically cap residential density, only requiring compliance with building envelope, parking minimums, and bulk standards.? Bulk/Design Standards: Building placement, setbacks, massing, and transparency are regulated to support walkability.? Visit the PROPERTY WEBSITE for the full Zoning Land Use Table. In summary, MUI-A zoning in Nashville is the city’s most flexible, high-intensity mixed-use district, allowing residential, retail, and office as of right, with a strong urban design emphasis to promote walkable urban environments. Buyer to receive $5,000 Convenience Credit Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction. We must prepare all the paperwork. Call Beau at 615-200-9330 or email Beau@Beachwood.ai with all questions.