1299 Wood St Paris, TN 38242
- Mixed-use properties
- 6,297 SF
- 12.73 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1299 Wood St
- Lot size
- 12.73 lot acres
- Property size
- 6,297 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional investment opportunity in Paris, Tennessee, presents a unique multi-parcel offering. The property includes an eight-unit apartment building currently operating at 88% occupancy, built in 1993 and 1950, encompassing a total of 6,297 square feet across two one-story buildings. The complex offers 12 parking spaces. In addition to the apartment building, the sale includes 9.705 acres of developable land, zoned for commercial use, providing significant potential for future expansion or development. A 1,100 square foot house, also commercially zoned, is included in this sale. The entire property sits on 12.73 acres and is designated by APN numbers 095N F 049.1; 095 F 044.00; 095N F 025.01. The asking price for this fee-simple ownership is $2,800,000. This mixed-use property presents a compelling value-add opportunity for investors seeking a diverse portfolio in a growing area. The property is located at 1299 E Wood St, Paris, TN 38242. Professional photos will be available soon.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paris
- County
- Henry
- State
- Tennessee
- Longitude
- -88.2992
- Latitude
- 36.3052
