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Property profile & analytics
OFF-MARKET
Warehouses

455 Main St Parsons, TN 38363

15,760 SF Built 2007
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Year built 2007
Total area 15,760 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Floor Center Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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