Elora Rd, Elora, TN 37328
This exceptional 2,472 square foot mixed-use property located at 0 Elora Road, Elora, Tennessee, presents a unique investment opportunity. Situated on a spacious 1.4-acre lot, this building offers remarkable versatility, catering to a wide range of commercial and residential possibilities. Currently configured as a ready-to-use space, it's ideally suited for a church, community center, club, or various retail ventures such as a thrift store. The expansive layout provides ample room for multiple uses, allowing for customization to meet specific business needs. The property's adaptability extends to residential conversion, presenting an exciting prospect for those seeking a unique live-work environment or a substantial renovation project. The substantial lot size offers ample parking and potential for future expansion or outdoor amenities. This property represents a rare chance to acquire a versatile commercial space with significant potential in a desirable location. Its adaptability and prime location make it an attractive investment for entrepreneurs, community organizations, and developers alike. The asking price of $471,300 reflects the property's significant potential and the current market value. Serious inquiries are encouraged to explore this exceptional opportunity. Don't miss out on this chance to own a piece of Elora's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.