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OFF-MARKET
Retail properties & Spaces

1084 Main St Parsons, TN 38363

Property ID
Property summary
AI-generated overview

This exceptional 4.96-acre commercial land parcel, encompassing 216,057.6 square feet, presents a remarkable investment opportunity in Parsons, Tennessee. Located at 1084 & 1114 W Main Street, this property boasts an unparalleled location with extensive road frontage, maximizing visibility and accessibility. The site benefits from over 1000 feet of road frontage, including 575 feet along the westbound lane of State Highway 412 (West Main Street) and 429 feet along Old Lexington Highway. This strategic positioning ensures high visibility for any commercial venture. The daily traffic count on this busy thoroughfare averages approximately 8,000 vehicles, providing significant potential for customer reach. All city utilities are readily available, including natural gas, sewer, electric, and fiber optic connectivity, simplifying development and operational needs. Zoned for commercial use, this versatile land is suitable for a wide range of businesses, including retail establishments, service industries, and financial institutions. Its size and location in the thriving town of Parsons, situated along the Tennessee River, make it an ideal site for a convenience store or other high-traffic commercial development. The property is situated in Decatur County, Tennessee, with a zip code of 38363. This is a rare opportunity to acquire a highly visible and accessible commercial land parcel in a growing Tennessee community.

Property profile
Verified
Property type Retail properties & Spaces
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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