Report: Nashville self storage site sells for $4M an acre

The Tennessean reports that a 0.7-acre site near Charlotte Avenue, in Nashville, has been sold for $2.8 million, in preparation for a self storage and retail facility.

In February, Nashville’s Metro Council approved a zoning change to allow a four-story facility on the site, which is located at 4305 and 4307 Alabama Avenue. The Tennessean reports that a Florida developer has submitted a final site plan for the project, which is currently being reviewed by Metro officials.

A preliminary site plan is available at this link. For more details, see the Tennessean story here.

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