Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    518 Broadway St Portland, TN 37148

    For Sale
    $425,000

    High-visibility 3.2-acre lot, Hwy 109 frontage.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 3.2-acre commercial property boasts an unparalleled location in Portland, Tennessee's thriving business district. Situated on Broadway Street South, this lot offers 197 feet of frontage along Highway 109, ensuring maximum visibility and accessibility for any commercial venture. The high traffic counts on this major thoroughfare guarantee significant exposure to potential customers. The property's strategic placement is further enhanced by its proximity to established businesses such as O'Reilly Auto Parts, Sonic, and Ace Hardware, creating a synergistic environment for growth and success. While currently not zoned commercial, adjacent properties already hold commercial zoning, suggesting a straightforward rezoning process. This presents a unique opportunity to develop a wide range of commercial uses, capitalizing on the area's robust economic activity and high demand for commercial space. The expansive lot size provides ample room for construction and development, allowing for flexibility in design and scale. This is a rare chance to acquire a prime piece of commercial real estate in a rapidly expanding market. Don't miss this opportunity to establish your business in a highly visible and convenient location. The property is priced at $425,000.

    Property Features for 518 Broadway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    139,392 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
    Portland
    County
    Sumner County, TN
    State
    Tennessee
    Longitude
    -86.51212
    Latitude
    36.57415

    Nearby Similar for Sale

    • $1,400,000
      5,100 SF

      Income-Producing Medical Investment Opportunity

      Fully stabilized medical investment property in a rapidly growing Tennessee community.
      421 N Broadway, Portland, TN 37148
      View Details
    • $725,000

      All-Brick Home on 7.29 Acres

      Charming all-brick home with basement and acreage near Portland.
      526 Boiling Springs Rd, Portland, TN 37148
      View Details
    • $350,000

      5-Acre Oasis with Lush Trees

      Manufactured home on 5 acres with open layout.
      1812 Highway 52, Portland, TN 37148
      View Details
    • $1,454,700
      9,750 SF

      Retail Property For Sale

      Retail property for sale with frontage on Broadway Street.
      718 S Broadway St, Portland, TN 37148
      View Details
    • Contact for pricing
      338,000 SF

      338,000 SF Facility on 26.32 Acres

      338,000 SF facility on 26.32 acres in Portland, TN.
      3150 Barry Dr, Portland, TN 37148
      View Details
    • Contact for pricing
      43,000 SF

      Portland Warehouse with LED Lighting

      43,000 SF warehouse featuring LED lighting and sprinkler system.
      233 Kirby Dr, Portland, TN 37148
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-visibility 3.2-acre lot, Hwy 109 frontage.
    Where is this commercial real estate located?
    The property is located at 518 Broadway St Portland, TN.
    What is the asking price?
    The asking price for this property is $425,000.
    (615) 826-0001
    Request Owner's contact information
    518 Broadway St Portland, TN 37148
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    518 Broadway St
    Portland, TN 37148
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    518 Broadway St Portland, TN 37148
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.