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    455 Main St Parsons, TN 38363

    Sponsored
    For Sale
    $598,500

    15,760 SF Mixed-Use Storefront

    Property size:
    15,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,760 square foot mixed-use storefront property in Parsons, Tennessee, presents a unique investment opportunity. Situated on a one-acre corner lot with 459 feet of road frontage on Highway 412E and Peavahouse Blvd, this 2007-built building offers significant visibility and accessibility. The property boasts approximately 3,500 square feet of heated and cooled space, perfect for retail or office use, along with 2,400 square feet of heated warehouse space and additional unheated warehouse area. One loading dock and two ground-level roll-up doors provide convenient loading and unloading capabilities. Currently operating as a successful flooring business (available for separate purchase), this versatile building offers numerous possibilities, including retail, service, restaurant, or event venue uses. The existing pole barn section could be removed for expanded parking or repurposed for rental units. The property is zoned B1 and features 8-11 foot ceilings. Located within Parsons city limits, five miles from the Tennessee River and 15 miles from I-40, this property benefits from a strategic location between Memphis and Nashville. Owner financing may be available with a substantial down payment and qualified buyer.

    Property Features for 455 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,760 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2007

    HighLights

    • 15,760 SF mixed‑use building on a one‑acre corner lot in Parsons, TN.
    • 459 feet of road frontage on Highway 412E and Peavahouse Blvd.
    • Approximately 3,500 SF of heated/cooled space, 2,400 SF of heated warehouse space, and additional unheated warehouse area.
    • One loading dock and two ground‑level roll‑up doors.
    • Currently operating as a flooring business (available for separate purchase for $200,000).
    • B1 zoning; 8‑11 foot ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Floor Center Carpet Store

    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
    State
    Tennessee
    Longitude
    -88.1185455
    Latitude
    35.6503372

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    FAQs

    What type of property is this?
    Individual retail property - 15,760 SF Mixed-Use Storefront
    Where is this individual retail property located?
    The property is located at 455 Main St Parsons, TN.
    What is the asking price?
    The asking price for this property is $598,500.
    What are key features of this property?
    This property features: 15,760 SF mixed-use building on a one-acre corner lot in Parsons, TN.; 459 feet of road frontage on Highway 412E and Peavahouse Blvd.; Approximately 3,500 SF of heated/cooled space, 2,400 SF of heated warehouse space, and additional unheated warehouse area.
    Request Owner's contact information
    455 Main St Parsons, TN 38363
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    Parsons, TN 38363
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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
    455 Main St Parsons, TN 38363
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