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Property profile & analytics
OFF-MARKET
Mixed-use properties

455 Main St Parsons, TN 38363

15,760 SF 1 ac lot Built 2007
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 2007
Total area 15,760 SF
Lot 1 ac (43,560 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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