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    134 N Russell St, Unit Portland Portland, TN 37148

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    For Sale
    $840,000

    Fully approved 42-lot subdivision ready for immediate development.

    Lot size:
    6.16 Acres

    Property Features for 134 N Russell St

    General Information

    Standard status
    Active
    Lot size
    6.16 Acres

    Source: LIGHTHOUSE REALTY Agent ERIC WAYNE HESTER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ready-to-Develop Subdivision in Portland

    This is a fully approved 42-lot subdivision ready for immediate development. City approvals, construction plans, and water/sewer taps are already secured. The sale includes four tax parcels: 033A D 011.00, 033A D 011.02, 033A D 007.01, and 033A D 006.00. The property is located in Portland, TN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    State
    Tennessee
    Longitude
    -86.51614
    Latitude
    36.584946

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    FAQs

    What type of property is this?
    Residential land & home lot - Fully approved 42-lot subdivision ready for immediate development.
    Where is this residential land & home lot located?
    The property is located at 134 N Russell St, Unit Portland Portland, TN.
    What is the asking price?
    The asking price for this property is $840,000.
    What are key features of this property?
    This property features: - Shovel-ready: Fully approved 42-lot subdivision for immediate development.; - Prime Location: Situated in a highly desirable area of Portland.; - City Approvals Secured: Bypass red tape with existing city approvals.
    (615) 323-0700
    Request Owner's contact information
    134 N Russell St, Unit Portland 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
    134 N Russell St, Unit Portland Portland, TN 37148
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