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    Mixed-use properties

    Elora Rd, Elora, TN 37328

    2,472 SF 1.4 ac lot
    Property ID
    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
    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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    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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