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    104 Wheeler St Portland, TN 37148

    For Sale
    $1,725,000

    Spacious warehouse, office space, great location.

    Property size:
    37,305 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional Portland, TN property offers a substantial 37,305+/- square foot warehouse facility situated on a generous 5.02-acre lot. The building boasts 4,208+/- square feet of dedicated office space, perfectly complementing the expansive warehouse area. Recent upgrades include a modernized electrical service entrance (2021) featuring heavy power (3000A 480V with 3-phase electrical power), ensuring ample capacity for demanding operations. The warehouse itself is equipped for efficient material handling, featuring two 8'x8' and one 8'x9' dock doors, a 14'x14' drive-in door, mechanical levelers, and a 5-ton crane. Clearance height ranges from 17' to 20', providing ample vertical space. Climate control is ensured with existing HVAC in the warehouse. Further enhancing the property's functionality, a sewer upgrade to the street was completed in 2022. The property's zoning designation is IR, and its location within an Opportunity Zone presents potential tax advantages for qualified investors. Its strategic location offers easy access to Highway 109 and I-65, providing excellent connectivity for regional and national distribution. While ideally suited for an injection molding company seeking expansion, this versatile property also presents opportunities for machine shops and fabrication businesses. This is a rare opportunity to acquire a well-maintained, extensively equipped warehouse in a prime location. The asking price is $1,725,000.

    Property Features for 104 Wheeler St

    General Information

    Property type
    Investment properties
    Square Feet
    37,305 SF
    Lot Size
    218,671 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -86.51416
    Latitude
    36.58247

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    FAQs

    What type of property is this?
    Investment property - Spacious warehouse, office space, great location.
    Where is this investment property located?
    The property is located at 104 Wheeler St Portland, TN.
    What is the asking price?
    The asking price for this property is $1,725,000.
    (615) 378-9009
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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
    104 Wheeler St Portland, TN 37148
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