Property profile

Elora Rd Elora, TN 37328

OFF-MARKET
Mixed-use properties
2,472 SF 1.4 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Total area 2,472 SF
Lot 1.4 ac (60,984 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Elora Rd Elora, TN 37328
Elora metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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