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745 E Argyle Ave
Nashville, TN 37203
8th & Wedgewood Development Site · Land For Sale
·
0.61 AC
INVESTMENT HIGHLIGHTS
- True Shovel-Ready Site
- Double Designation Advantage: OZ + QCT
- Fully Designed Construction Set
EXECUTIVE SUMMARY
Northmarq is pleased to present the 8th & Wedgewood Development Site,
a fully entitled with architectural drawings complete, shovel-ready multifamily
development opportunity located at 745 E Argyle Avenue in one of Nashville’s
fastest-growing urban districts. The site offers immediate access to I-65, direct
connectivity to Downtown via 8th Avenue South, and is just minutes from
Belmont University, Vanderbilt University, and Geodis Park.
All construction documents across architectural, structural, MEP, civil, and
landscape have been completed and submitted, with utility and tap fees fully
paid, allowing for immediate vertical development. Plans comply with 2018
IBC and related codes.
The site is located within both a Qualified Opportunity Zone (OZ) and a
Qualified Census Tract (QCT)—unlocking access to tax-advantaged capital
and potential LIHTC basis boost opportunities.
Surrounding development activity includes the12 South Corridor and new
Ashwood Development, Wedgewood Houston, 8th Ave, and Martin & Merritt,
further enhancing the area’s live-work-play appeal. With average household
incomes over $109,000 and median home values exceeding $670,000+
within a one-mile radius, the site offers a rare combination of readiness,
incentives, and long-term demand.
E Argyle Ave
0.61-ACRE
Development Site
8TH & WEDGEWOOD DEVELOPMENT SI TE 7
Offering Memorandum 6 8TH & WEDGEWOOD DEVELOPMENT SITE
Offering Memorandum
a fully entitled with architectural drawings complete, shovel-ready multifamily
development opportunity located at 745 E Argyle Avenue in one of Nashville’s
fastest-growing urban districts. The site offers immediate access to I-65, direct
connectivity to Downtown via 8th Avenue South, and is just minutes from
Belmont University, Vanderbilt University, and Geodis Park.
All construction documents across architectural, structural, MEP, civil, and
landscape have been completed and submitted, with utility and tap fees fully
paid, allowing for immediate vertical development. Plans comply with 2018
IBC and related codes.
The site is located within both a Qualified Opportunity Zone (OZ) and a
Qualified Census Tract (QCT)—unlocking access to tax-advantaged capital
and potential LIHTC basis boost opportunities.
Surrounding development activity includes the12 South Corridor and new
Ashwood Development, Wedgewood Houston, 8th Ave, and Martin & Merritt,
further enhancing the area’s live-work-play appeal. With average household
incomes over $109,000 and median home values exceeding $670,000+
within a one-mile radius, the site offers a rare combination of readiness,
incentives, and long-term demand.
E Argyle Ave
0.61-ACRE
Development Site
8TH & WEDGEWOOD DEVELOPMENT SI TE 7
Offering Memorandum 6 8TH & WEDGEWOOD DEVELOPMENT SITE
Offering Memorandum
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.61 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.61 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Lot Size | 0.61 AC |
| Lot Size | 0.61 AC |
A fully entitled with architectural drawings complete, shovel-ready multifamily development opportunity
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