Listed by Charles Hawkins Co.
Unpriced
623 & 629 W. Iris Drive
Details
Property Type Retail, Land
Sub Type Investment, Development
Square Footage 13,462
Units 5
Acreage 1.000
Retail | 13,462 SqFt
Marketing description
Incredible opportunity to acquire an acre of undeveloped land alongside a
five-unit Airbnb complex built in 2019—offering immediate cash flow from
proven short-term rentals and long-term development potential.
Investment highlights
- 629 W. Iris: 5 Modern Airbnb Units Totaling ±13,462 SF – Cash-Flowing Asset in Nashville's Thriving Tourism Market.
- 623 W. Iris: ±1-Acre Undeveloped Lot – Prime for Multifamily, Mixed-Use, or Townhome Development.
- Sale Price: Contact Brokers for Confidential Pricing and Financials.
- Zoning: District 6 (Bransford District) in Berry Hill – Supports Up to 20 Units/Acre, 3 Stories (45' Max Height). View Approved Uses: https://www.berryhilltn.org/DocumentCenter/View/125/Poster?bidId=.
- Location Perks: Just ±4.1 Miles from Downtown Nashville; Seamless Access to I-440 and I-65; Steps from 100 Oaks, Wedgewood-Houston, Melrose, the Fairgrounds, and GEODIS Park.
- Market Momentum: Berry Hill's median home sale price rose 4.33% yearover-year as of late 2025, reflecting steady demand in Nashville's balanced market. Forecasts project 2-4% annual appreciation in 2026, driven by job growth and in-migration. The area is transforming into a music and entertainment hub, anchored by the advancing Universal Music Group Production Campus (209,900 SF) nearby—featuring recording studios, the central U.S.'s first scoring stage, R&D facilities, education programs, retail, and a public park—enhancing synergies for creative industries.
Listing Contacts
Listed by Charles Hawkins Co.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
