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    131 Roberts Rd Portland, TN 37148

    For Sale
    $350,000

    Highway 109 Development Opportunity

    Property size:
    119,790 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 2.75-acre commercial property, located at 131 W Roberts Rd in Portland, Tennessee, presents a unique investment opportunity. Situated on heavily trafficked Highway 109, between Portland and Gallatin, this site boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The property is zoned for commercial use, offering flexibility for developers seeking to capitalize on the high-traffic location. With a substantial 119,790 square feet of land, there is ample space for significant development projects. The strategic location on Highway 109 ensures high exposure to a large daily volume of vehicles, providing excellent potential for businesses seeking maximum visibility and customer reach. This property is a blank canvas for entrepreneurs and developers looking to establish a thriving commercial presence in a rapidly growing area. The substantial acreage and prime location combine to create a rare opportunity for significant return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. The asking price is $350,000. Don't miss this chance to secure a prominent location in a thriving Tennessee market. This property is ready for your vision.

    Property Features for 131 Roberts Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    119,790 SF
    Lot Size
    119,790 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    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
    -86.50002
    Latitude
    36.49495

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    FAQs

    What type of property is this?
    Commercial real estate - Highway 109 Development Opportunity
    Where is this commercial real estate located?
    The property is located at 131 Roberts Rd Portland, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    (615) 383-7878
    Request Owner's contact information
    131 Roberts Rd Portland, TN 37148
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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
    131 Roberts Rd Portland, TN 37148
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