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Property profile & analytics

502 Johnson St Newbern, TN 38059

  • Commercial real estate
  • 4,704 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 502 Johnson St

Year built
1986
Property size
4,704 SF
Property type
Commercial real estate

Description

This exceptional commercial property, located at 502 E Johnson Street in Newbern, Tennessee, offers a substantial 4,704 square feet of versatile space. Situated on a lot with no acreage, this building presents a unique opportunity for businesses seeking a prominent location in a thriving community. The property's substantial size allows for a wide range of potential uses, from retail and office spaces to light industrial or storage facilities. The building's layout is adaptable and can be configured to meet the specific needs of various tenants. The asking price is $288,900, representing a compelling investment opportunity in a growing market. Given its size and location, this property is well-suited for businesses seeking a strong presence in Newbern. The absence of acreage simplifies site management and reduces maintenance costs. Interested parties are encouraged to conduct their own due diligence to assess the suitability of this property for their specific business needs. The property is ready for immediate occupancy, offering a seamless transition for new businesses. Its strategic location within Newbern provides easy access to local amenities and transportation routes, enhancing its overall appeal. This is a rare opportunity to acquire a significant commercial property in a desirable location at an attractive price point.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Newbern
County
Dyer
State
Tennessee
Longitude
-89.2572
Latitude
36.1152
More about this property
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