520 Merritt Ave
Industrial | 31,000 SqFt
Marketing description
520 Merritt Avenue represents one of the last large-scale development opportunities in Wedgewood-Houston and is located within a federally designated Opportunity Zone, offering the potential for meaningful tax advantages to qualifying investors. The 1.75-acre site is centrally positioned among projects such as Wedgewood Village, T3/Finery, and The Mill, which have helped shape the district’s growth, scale, and long-term trajectory. With much of the surrounding area already developed or held under long-term ownership, few remaining sites within the submarket offer comparable scale and flexibility.
The property includes an existing 31,000-square-foot building that provides immediate opportunity to deliver retail, office, and/or showroom space in a neighborhood where existing available inventory remains limited. With over 70 on-site parking spaces and the ability to add more, the site offers one of the largest surface parking lots in Wedgewood-Houston, supporting near-term activation, strong tenant demand, and multiple revenue paths while preserving long-term redevelopment potential.
Current tenant’s lease expires November 2026.
Investment highlights
Opportunity Zone
Over 70 on-site parking spaces, with room for additional parks – highest parking ratio in Wedgewood Houston
Surrounded by transformative projects including Wedgewood Village, T3/Finery, and The Mill
Central, walkable location within one of Nashville’s fastest-growing urban districts
Current tenant lease expires November 2026, providing near-term flexibility for repositioning or redevelopment
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