Property profile

936 Broadway Portland, TN 37148

OFF-MARKET
Land
3.6 ac lot
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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

Location

936 Broadway Portland, TN 37148
Portland metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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