420 Highway 52 Portland, TN 37148
This exceptional 7,853 square foot office building is strategically located at 420 Highway 52 West in Portland, Tennessee. The property sits on a generous 1.57-acre lot, providing ample space and high visibility for your business. Currently, a thriving doctor's office and a pharmacy occupy a significant portion of the building, demonstrating strong existing tenancy and immediate income potential. The upper floor offers additional leasable space, presenting a fantastic opportunity for expansion or generating supplemental rental income. A substantial asphalt parking lot ensures convenient parking for tenants and visitors. This well-maintained building presents a rare opportunity to acquire a profitable, established commercial property in a desirable location. The building's existing tenants provide a stable income stream, while the available upstairs space offers significant upside potential for growth and increased revenue. The large parking lot is a key feature, addressing a common concern for commercial properties. The property's location on Highway 52 ensures high visibility and easy access for clients and employees. This is an ideal investment for those seeking a strong return on investment in a thriving Tennessee market. The combination of existing tenants, ample parking, and additional leasable space makes this a truly unique opportunity. Don't miss out on this chance to own a prime commercial property in Portland, Tennessee.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.