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Property profile & analytics
FOR SALE
Commercial land

131 W Roberts Rd Portland, TN 37148

2.75 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-3159158
Property summary
AI-generated overview

This exceptional 2.75-acre commercial property, located at 133 W Roberts Rd in Portland, Tennessee, presents a unique investment opportunity. Priced at $350,000, the land boasts all necessary utilities already connected to the site, including an approved septic system with a completed soils field report. This significantly reduces development hurdles and accelerates the potential for immediate construction or project commencement. The property is zoned as a Commercial Planned Unit Development (PUD), offering flexibility for a variety of commercial uses. Detailed information regarding permitted uses under this PUD zoning is available within the provided documentation (see page 2 of the PUD document for a complete list of acceptable uses). This prime location in Portland, TN, offers excellent visibility and accessibility, making it ideal for businesses seeking a strategic foothold in a growing market. The absence of existing structures allows for complete design freedom and customization to suit specific business needs. Serious inquiries are encouraged to explore the full potential of this versatile commercial land parcel. Don't miss this chance to acquire a ready-to-develop site in a thriving Tennessee community. Contact us today to schedule a viewing and discuss your development plans. All information provided is deemed reliable but not guaranteed and should be independently verified.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.75 ac (119,790 SF)
APN 083072 03507
UPID US80-3159158
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
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Creek Road Rentals LLC · 4 yrs held
Creek Road Rentals LLC
since 2021
Last sale
$418,000
4 recorded transactions
2021
$1.8M
2021
Price N/A
2021
$418,000
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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