455 Main St Parsons, TN 38363
This exceptional mixed-use property, situated on a one-acre corner lot in Parsons, Tennessee, presents a remarkable investment opportunity. Boasting 15,760 square feet under roof, the building enjoys prominent visibility on Highway 412E/East Main Street (156 feet of frontage) and Peavahouse Boulevard (303 feet of frontage), totaling 459 feet of road frontage. Approximately 3,500 square feet are climate-controlled, ideal for retail or office space, while an additional 2,400 square feet of heated warehouse space offers versatile storage or workshop capabilities. The remaining square footage comprises unheated warehouse space. The property includes one loading dock and two ground-level roll-up doors, facilitating efficient loading and unloading. Currently operating as a thriving local business, the building features a newly renovated showroom. Its adaptable layout lends itself to a variety of uses, including retail, service businesses, restaurants, or event venues. The existing pole barn section offers potential for expansion of parking or conversion into rental units. The property's strategic location, five miles from the Tennessee River, within Parsons city limits, and 15 miles from Interstate 40, provides easy access to both Memphis and Nashville. Owner financing may be available with a substantial down payment and a qualified buyer. This property offers a unique blend of commercial potential and small-town charm.
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Floor Center Carpet & Flooring Store
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
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.