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    420 Highway 52 Portland, TN 37148

    For Sale
    $1,295,000

    Prime Portland Office, High Visibility, 7,853 SF

    Property size:
    7,853 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 7,853 square foot office building is strategically located at 420 Highway 52 West in Portland, Tennessee. The property sits on a generous 1.57-acre lot, providing ample space and high visibility for your business. Currently, a thriving doctor's office and a pharmacy occupy a significant portion of the building, demonstrating strong existing tenancy and immediate income potential. The upper floor offers additional leasable space, presenting a fantastic opportunity for expansion or generating supplemental rental income. A substantial asphalt parking lot ensures convenient parking for tenants and visitors. This well-maintained building presents a rare opportunity to acquire a profitable, established commercial property in a desirable location. The building's existing tenants provide a stable income stream, while the available upstairs space offers significant upside potential for growth and increased revenue. The large parking lot is a key feature, addressing a common concern for commercial properties. The property's location on Highway 52 ensures high visibility and easy access for clients and employees. This is an ideal investment for those seeking a strong return on investment in a thriving Tennessee market. The combination of existing tenants, ample parking, and additional leasable space makes this a truly unique opportunity. Don't miss out on this chance to own a prime commercial property in Portland, Tennessee.

    Property Features for 420 Highway 52

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,853 SF
    Lot Size
    68,389 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    HVAC Service

    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
    -86.52678
    Latitude
    36.57661

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Portland Office, High Visibility, 7,853 SF
    Where is this office property / space located?
    The property is located at 420 Highway 52 Portland, TN.
    What is the asking price?
    The asking price for this property is $1,295,000.
    (615) 672-6729
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    420 Highway 52 Portland, TN 37148
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    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
    420 Highway 52 Portland, TN 37148
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