Main St Monteagle, TN 37356
This exceptional opportunity presents two commercial lots totaling 1.87 acres, ideally situated on Main West Street in the vibrant town of Monteagle, Tennessee. Already zoned and approved by the County, these lots are ready for immediate development, eliminating lengthy permitting processes and saving valuable time and resources for the prospective buyer. The combined lot size offers significant flexibility for a variety of commercial ventures, allowing for ample space for construction and potential future expansion. With a total area of 81,787 square feet, the property provides substantial room for a large-scale project or the development of multiple smaller businesses. The prime location on Main West Street ensures high visibility and accessibility, attracting significant foot traffic and potential customers. This is a rare chance to establish a thriving business in a desirable and growing community. The asking price of $489,900 represents an excellent investment opportunity in a location poised for continued growth and development. Don't miss this chance to secure your place in the heart of Monteagle's commercial landscape. The lots will be sold together, providing a cohesive and expansive development opportunity. This is a turnkey opportunity for entrepreneurs and investors seeking a strategic location to build their business dreams. The property's zoning and approvals streamline the development process, making it an attractive proposition for those seeking a quick and efficient route to market. The combined acreage provides ample space for parking, landscaping, and building construction, ensuring a functional and aesthetically pleasing commercial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.