PRIME COMMERCIAL POTENTIAL!! Location, access, and opportunity! This 2.5-acre property on Shumate Lane offers potential for commercial development in a convenient Nashville location. BNA is about five minutes away, with access to I-40 and I-24 within about ten minutes. The property is being marketed for its Potential commercial land value and location rather than the existing home. Buyer to verify zoning, permitted uses, utilities, and development feasibility. The existing home is currently tenant-occupied. Please do not disturb the tenant or enter the property without a confirmed appointment.
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $880 per square foot, compared with a $285 median for active 2-bedroom homes in Nashville. Its asking price falls near the 90th percentile of that active group. The comparison uses 1,020 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 65 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $329,450, and the median is $211 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 132 Shiaway Ct | Jul 27, 2026 | 2 bd · 1,378 sqft | $319,000 | 0.1 mi |
| 178 Shiaway Ct | Jun 29, 2026 | 2 bd · 1,344 sqft | $339,900 | 0.1 mi |
| 2442 Broadview Dr | Jun 8, 2026 | 3 bd · 1,823 sqft | $375,000 | 0.3 mi |
| 2515 Sleepy Hollow Dr | Aug 19, 2026 | 3 bd · 2,160 sqft | $440,000 | 0.3 mi |
| 1136 Ransom Way | Jun 15, 2026 | 2 bd · 1,200 sqft | $281,500 | 0.6 mi |
| 2320 S Grafton Ct | Sep 11, 2026 | 3 bd · 1,800 sqft | $389,900 | 0.6 mi |
| 2615 Edge O Lake Dr | Jun 29, 2026 | 4 bd · 2,310 sqft | $299,900 | 0.6 mi |
| 1139 Nashboro Blvd | Aug 13, 2026 | 2 bd · 1,319 sqft | $240,000 | 0.7 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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