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Property profile & analytics
OFF-MARKET
Mixed-use properties

1299 Wood St Paris, TN 38242

6,297 SF 12.73 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 6,297 SF
Lot 12.73 ac (554,519 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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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