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    OFF-MARKET
    Land

    936 Broadway, Portland, TN 37148

    3.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.6-acre commercial and residential development site is located at 936 S Broadway in Portland, Tennessee, and offers significant potential. The property boasts 587 feet of frontage on S Broadway Street, experiencing a high daily traffic count of 20,646 vehicles. Currently zoned R7.5, this versatile land presents numerous development opportunities, from commercial ventures to mixed-use projects or residential communities. The site includes an existing 1,180 square foot, three-bedroom, two-bathroom single-family home built in 1960, featuring a two-car garage. This existing structure could be renovated, repurposed, or removed to accommodate a new development. The property's location in Sumner County provides easy access to major highways and is surrounded by established amenities, including restaurants and shopping centers. The fee-simple ownership offers complete control and flexibility for the buyer. The property's APN is 039 062.00. This prime location and zoning make this a compelling investment opportunity for developers seeking a high-visibility site in a thriving Tennessee community. The asking price is $900,000.

    Property profile
    Verified
    Property type Land
    Lot 3.6 ac (156,816 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
    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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