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Investment Highlights

  • 401 Cowan Street presents a 3.51-acre redevelopment opportunity among the most transformative projects near Downtown Nashville.
  • Near Nashville’s major growth engines, including the upgraded Tennessee Titans stadium and Oracle’s $1.2 billion regional campus.
  • Invest in a growing area as the number of households within a 2-mile radius rose 10% a year from 2020 to 2024, with an avg annual income of $113,809.
  • Infill site currently zoned IG (Industrial General) with the ability to easily redesignate to the flexible MUG (Mixed-Use General) zoning.
  • Oracle’s new campus will be steps away and is set to host 8,500 employees, with $175 million allocated to enhance public spaces and accessibility.
  • Surrounded by existing developments already enlivening the East Bank, such as the adjacent Topgolf, new upscale apartments, and local restaurants.

Executive Summary

Savills is pleased to present 401 Cowan Street, a rare redevelopment opportunity in Nashville, Tennessee. The offering consists of two parcels totaling 3.51 acres with approximately 21,286 square feet of gross building area (GBA).

Currently zoned IG (Industrial General) with future land use that can be converted to MUG (Mixed-Use General), the site offers exceptional potential for redevelopment in the heart of this rapidly evolving district. This opportunity combines large-scale development potential with an unmatched location, positioning future projects to capture demand in one of Nashville’s hottest neighborhoods within one of the fastest-growing real estate markets in the country.

Positioned in one of Nashville’s most dynamic growth corridors, the property is directly across from Topgolf and at the gateway to River North, anchored by Oracle’s new regional campus (NYSE: ORCL). The surrounding area is experiencing transformative investment, including the construction of a new domed Tennessee Titans stadium and a comprehensive East Bank redevelopment along the Cumberland River, just across from Downtown Nashville.

The Nashville market’s existing fundamentals underscore the drivers for this unprecedented investment. It welcomes an average of 100 new residents per day, and the surrounding area is experiencing particularly high migration, outpacing the overall metro area. The market is forecasted to have a GDP growth of 18% by 2027, supported by a 47% increase in jobs since 2010. These factors have led the Nashville market to be ranked first on a national scale by major analysts. The Wall Street Journal named it the hottest job market, PwC designated it as having the best overall real estate prospects, and Policom gave it the top spot for metropolitan economic strength.

Take advantage of these nation-leading market factors and develop a novel destination at the epicenter of Nashville’s most exciting projects by acquiring 401 Cowan Street today. Inquire now to learn more.

Attachments

View the Sale OM

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 3.51 AC
Opportunity Zone Yes
Zoning IG - Industrial General

1 Lot Available

Lot

Lot Size 3.51 AC

Currently zoned IG that can be converted to MUG, the site offers exceptional potential for redevelopment in the heart of this rapidly evolving district.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
  • Listing ID: 38256668

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 401 Cowan Street, Nashville, TN 37207

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