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    107 Jackson Rd Portland, TN 37148

    For Sale
    $150,000

    Prime Location, Income Potential, 0.2 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 0.2-acre corner lot at 107 Jackson Rd in Portland, Tennessee presents a unique investment opportunity. Its strategic location on a high-traffic section of TN 52 ensures maximum visibility for any commercial venture. The property's proximity to Portland City Park adds to its appeal, offering convenient access for customers and employees. Currently generating a consistent annual income of $1,600 from a billboard lease with Lamar, this revenue stream provides immediate return on investment. The billboard lease agreement allows for removal by the new owner within 30 days of purchase upon written request to Lamar. This versatile property is ideally suited for a variety of small businesses, particularly those benefiting from high visibility, such as a drive-thru coffee shop or similar retail establishment. Its location directly across from Volunteer State Bank further enhances its desirability and potential for success. The property is offered at $150,000, representing a compelling opportunity to acquire a prime commercial lot in a thriving Tennessee community. The absence of existing building structures allows for complete customization to suit the buyer's specific business needs and vision. Don't miss this chance to own a piece of Portland's vibrant commercial landscape.

    Property Features for 107 Jackson Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Sumner County, TN
    State
    Tennessee
    Longitude
    -86.51676
    Latitude
    36.57695

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Income Potential, 0.2 Acres
    Where is this commercial real estate located?
    The property is located at 107 Jackson Rd Portland, TN.
    What is the asking price?
    The asking price for this property is $150,000.
    (615) 859-7150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 Jackson Rd Portland, TN 37148
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