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    297 Main St Parsons, TN 38363

    For Sale
    $89,500

    High-traffic location, build your business!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 0.7-acre commercial lot presents a remarkable opportunity for entrepreneurs seeking a thriving location in Parsons, Tennessee. Situated on the bustling Highway 412/E Main Street, this property enjoys high visibility and accessibility within the city's vibrant business district. Neighboring established businesses such as Napa Auto Parts, Cathleen's shop, Mi Pueblito Mexican Restaurant, and Corner Grill, ensure a steady flow of potential customers. The lot's strategic position offers unparalleled exposure to a significant daily traffic volume, making it ideal for a diverse range of commercial ventures. The close-knit community atmosphere of Parsons provides a welcoming environment for new businesses, fostering strong relationships with local residents. Furthermore, the property's proximity to the Tennessee River (approximately 5 miles) adds to its appeal, offering scenic views and recreational opportunities. The convenient location, just 15 minutes from Interstate 40, provides easy access to major transportation routes, connecting Parsons to both Memphis and Nashville. This presents a unique chance to establish a successful business in a desirable and accessible location. The lot's size and prime position make it an exceptional investment for those seeking to build their future in a thriving community. Don't miss this chance to secure a prominent location in Parsons' bustling commercial heart.

    Property Features for 297 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,492 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Parsons
    County
    Decatur County, TN
    State
    Tennessee
    Longitude
    -88.12155
    Latitude
    35.65079

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, build your business!
    Where is this commercial real estate located?
    The property is located at 297 Main St Parsons, TN.
    What is the asking price?
    The asking price for this property is $89,500.
    (731) 847-4663
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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
    297 Main St Parsons, TN 38363
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