107 Jackson Rd Portland, TN 37148
For Sale
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This exceptional 0.2-acre corner lot at 107 Jackson Rd in Portland, Tennessee presents a unique investment opportunity. Its strategic location on a high-traffic section of TN 52 ensures maximum visibility for any commercial venture. The property's proximity to Portland City Park adds to its appeal, offering convenient access for customers and employees. Currently generating a consistent annual income of $1,600 from a billboard lease with Lamar, this revenue stream provides immediate return on investment. The billboard lease agreement allows for removal by the new owner within 30 days of purchase upon written request to Lamar. This versatile property is ideally suited for a variety of small businesses, particularly those benefiting from high visibility, such as a drive-thru coffee shop or similar retail establishment. Its location directly across from Volunteer State Bank further enhances its desirability and potential for success. The property is offered at $150,000, representing a compelling opportunity to acquire a prime commercial lot in a thriving Tennessee community. The absence of existing building structures allows for complete customization to suit the buyer's specific business needs and vision. Don't miss this chance to own a piece of Portland's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.