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Berry Hill Redevelop 2700-2702 Greystone 2 Properties Offered at $5,583,680 CAD in Nashville, TN
INVESTMENT HIGHLIGHTS
- Redevelopment Opportunity: Prime infill site in Nashville with potential for 3–4 story mixed-use redevelopment. Prelim site plan supports 47 res units
- Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.
- Financials: Existing single-tenant office provides interim income. Profit & loss statement available
EXECUTIVE SUMMARY
Redevelopment Opportunity: Prime infill site in Nashville with potential for 3–4 story mixed-use redevelopment. Preliminary site plan supports 47 residential units plus ground-floor retail.
Land Basis: Offered at $4,000,000 total site cost. Strong upside for developers targeting condo sellout or mixed-use rental hold.
Conceptual Program: ±40,280 SF gross; ~32,000 RSF residential, ~8,000–10,000 SF retail. Unit mix includes studios, 1BR, and 2BR formats.
Parking: 40 spaces on-site. Additional leased parking nearby may be secured for higher density options.
Financials: Existing single-tenant office provides interim income. Profit & loss statement available.
Market Drivers: Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.
Pro Forma Returns: At base case condo pricing ($575/SF), projected exit of ~$20M. Upside scenario ($625–650/SF) supports 20%+ IRR for equity investors.
Flexible Exit Strategies: Works as condo sellout, boutique multifamily rental, or repositioned mixed-use asset.
Land Basis: Offered at $4,000,000 total site cost. Strong upside for developers targeting condo sellout or mixed-use rental hold.
Conceptual Program: ±40,280 SF gross; ~32,000 RSF residential, ~8,000–10,000 SF retail. Unit mix includes studios, 1BR, and 2BR formats.
Parking: 40 spaces on-site. Additional leased parking nearby may be secured for higher density options.
Financials: Existing single-tenant office provides interim income. Profit & loss statement available.
Market Drivers: Located in a rapidly growing Nashville submarket with strong demographics, new infill residential, and demand for boutique condo/retail product.
Pro Forma Returns: At base case condo pricing ($575/SF), projected exit of ~$20M. Upside scenario ($625–650/SF) supports 20%+ IRR for equity investors.
Flexible Exit Strategies: Works as condo sellout, boutique multifamily rental, or repositioned mixed-use asset.
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$250,596
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$250,596
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,078
|
| Net Operating Income |
$151,517
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $250,596 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $250,596 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,078 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $151,517 |
PROPERTY FACTS
| Price | $5,583,680 CAD | Number of Properties | 2 |
| Price / SF | $995.31 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 5,610 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.58 AC |
| Status | Active |
| Price | $5,583,680 CAD |
| Price / SF | $995.31 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,610 SF |
| Total Land Area | 0.58 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2700 Greystone Rd, Nashville, TN 37204 | Land | 0.32 AC | 1951 | - |
| 2702 Greystone Rd, Nashville, TN 37204 | Office | 5,610 SF | 1951 | - |
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Berry Hill Redevelop 2700-2702 Greystone
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