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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

78 Smith St Martin, TN 38237

Property ID
Property summary
AI-generated overview

Exceptional development opportunity awaits at 78 Smith Street, Martin, Tennessee. This 19,906.92 square foot (approximately 0.457-acre) lot presents a unique blend of residential and commercial potential. Currently zoned R-3 (High Density Residential), the property allows for a wide range of development options, including single-family homes, multi-family units, apartments, or townhouses. Its strategic location also offers adjacency to a B-2 (Intermediate Business) zone, opening doors to potential rezoning for even greater flexibility. The property's versatility makes it an ideal canvas for a variety of projects, catering to diverse development goals. Note that a semi-trailer and a small car parking area, owned and used by Reynolds Brothers, currently occupy a portion of the lot. The seller has informed Reynolds Brothers of the property's sale, and future use arrangements can be negotiated directly with them by the buyer. This prime piece of land in a growing community offers an exceptional chance to create a significant development. The asking price for this remarkable property is $30,000.

Property profile
Verified
Property type Retail properties & Spaces
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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