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    455 Main St Parsons, TN 38363

    For Sale
    $598,500

    15,760 SF Warehouse, High Visibility

    Property size:
    15,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 15,760-square-foot warehouse, built in 2007, presents a remarkable investment opportunity in Parsons, Tennessee. Situated on a one-acre lot (43,560 sq ft) at 455 E Main Street, this single-story building boasts an impressive 459 feet of frontage along Highway 412E/East Main St and Peavahouse Blvd, ensuring high visibility and accessibility. The property includes approximately 3,500 square feet of heated and cooled space, 2,400 square feet of heated warehouse space, and additional unheated warehouse space. Functional features include one loading dock and two ground-level roll-up doors. Currently operating as a successful retail business, this versatile property offers numerous possibilities. Its adaptable layout is suitable for various uses, including retail, service businesses, restaurants, or event venues. The existing pole barn section could be removed to create additional parking or repurposed for rental units. The property's strategic location, five miles from the Tennessee River, within Parsons city limits, and 15 miles from I-40, provides easy access to major transportation routes and is conveniently located between Memphis and Nashville. Owner financing may be available with a substantial down payment and a qualified buyer. This property offers a unique blend of established business potential and significant future development opportunities in a thriving small-town setting.

    Property Features for 455 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    15,760 SF

    Building Details

    Year Built
    2007
    Stories
    1

    HighLights

    • 15,760 SF warehouse built in 2007 on a one‑acre lot in Parsons, TN.
    • High‑visibility location with 459 feet of frontage on Highway 412E/East Main St and Peavahouse Blvd.
    • Features 3,500 SF heated/cooled space, 2,400 SF heated warehouse space, and additional unheated warehouse space; one loading dock and two ground‑level roll‑up doors.
    • Currently operating as a retail business, suitable for various uses including retail, service, restaurants, or events.
    • Strategic location five miles from the Tennessee River, within Parsons city limits, and 15 miles from I‑40; owner financing may be considered.
    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?
    Distribution property - 15,760 SF Warehouse, High Visibility
    Where is this distribution 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 warehouse built in 2007 on a one-acre lot in Parsons, TN.; High-visibility location with 459 feet of frontage on Highway 412E/East Main St and Peavahouse Blvd.; Features 3,500 SF heated/cooled space, 2,400 SF heated warehouse space, and additional unheated warehouse space; one loading dock and two ground-level roll-up doors.
    Request Owner's contact information
    455 Main St 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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