Current Use by Public Records
- Mixed-use properties
Property Details for 4500 Lake Springs Rd
- Property type
- Mixed-use properties
Description
This expansive 870,000 square foot mixed-use property, located at 4500 Lake Springs Rd, Portland, Tennessee 37148, presents a significant investment opportunity. Currently vacant, this fee simple ownership offers substantial potential for a variety of commercial or industrial uses. The property boasts a prime location with 1,000 feet of Interstate frontage on I-65, exit 121, providing exceptional visibility and accessibility. The asking price is $200,000, translating to a price per square foot of $0.23. Given the current vacancy, the net operating income (NOI) is $0 and the cap rate is 0.00%. The property is situated in Robertson County, Tennessee, offering access to a growing market and strong transportation infrastructure. This large-scale property is ideal for owner-users seeking a substantial footprint in a strategic location. The property's size and highway frontage make it suitable for a wide range of development possibilities. Serious inquiries are encouraged to explore the full potential of this unique investment. No air rights are included in this sale.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Robertson
- State
- Tennessee
- Longitude
- -86.5745
- Latitude
- 36.6364
