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    OFF-MARKET
    Medical Office Space

    179 Main St, Parsons, TN 38363-2308

    2,936 SF 73 ac lot Built 1946
    Individually Owned ~ Est. High Equity
    Property ID
    US80-0440262
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 179 E Main Street in Parsons, Tennessee, presents a unique investment opportunity. The building encompasses 2,936 square feet and sits on a lot with no acreage specified. Currently, a triple-net lease is in place, generating a consistent monthly income of $2800. This lease has a remaining term of three years, providing immediate cash flow and a stable investment. The property's location on East Main Street ensures high visibility and accessibility, making it ideal for a variety of businesses. The building itself is well-maintained and ready for immediate occupancy, although the specific condition and features are not detailed in the provided information. This presents a chance to acquire a profitable income-generating asset in a thriving Tennessee town. The asking price for this turnkey commercial property is $235,900. Given the current lease and the property's prime location, this represents a strong return on investment potential. Serious inquiries are encouraged to explore this opportunity further. Further details regarding the building's specifics are available upon request. This is an excellent chance to secure a stable, income-producing asset in a desirable location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1946
    Total area 2,936 SF
    Lot 73 ac (3,179,880 SF)
    APN 020049M E 01800
    UPID US80-0440262
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rodney Tharp
    Rodney Tharp
    since 2025
    Last sale
    $180,000
    7 recorded transactions
    2025
    $180,000
    2023
    $210,000
    2021
    $167,000
    2019
    $325,000
    2013
    2011
    2010
    $100,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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