200 Broadway St Portland, TN 37148-1302
This exceptional mixed-use property, located at 200 Broadway St S in the heart of Portland, Tennessee, presents a unique investment opportunity. The 3,518 square foot building sits on a 1.44-acre lot and boasts a prime location with high traffic counts. Its previous uses as a bank and employment agency highlight its versatility and suitability for a range of businesses. The property benefits from extensive street frontage along South Broadway Street and Market Street, providing excellent visibility and accessibility. A rear access road and a substantial parking area further enhance its appeal, complemented by a drive-thru carport. The property's significant advantages include its size, location, and parking capabilities, making it ideal for a variety of commercial ventures. Adding to its value is the inclusion of a vacant lot (tax ID 033H H 027.00), offering potential for expansion or future development. This combined offering presents a rare chance to acquire a substantial commercial property in a thriving Tennessee town, with the potential for significant return on investment. The property's strategic location and versatile layout make it an attractive prospect for savvy investors seeking a strong foothold in the Portland market. The ample parking and convenient access points are key features that will appeal to a wide range of potential tenants. The inclusion of the adjacent vacant lot provides additional flexibility and development possibilities. This is a truly exceptional opportunity not to be missed.
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.