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    200 Broadway St Portland, TN 37148-1302

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    200 Broadway St Portland, TN 37148-1302


    • Office properties & Spaces
    • 5,366 SF
    • 1.02 lot acres
    Off-Market
    Last Sale Feb 27, 2025
    $1,375,000
    Property ID
    US80-1760412
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,395,000
    Show details
    Cap Rate Potential
    3.5%
    Office properties & Spaces
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 200 Broadway St

    Year built
    1977
    Lot size
    1.02 lot acres
    Property size
    5,366 SF
    Property type
    Office properties & Spaces
    APN
    083033H H 02601
    APU
    083033HH02601

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,855,000
      ML approach
      $1,625,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,085,000
      6.5%
      $1,005,000
      7%
      $930,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,511,000
      Market price range: $714k - $2.08M
      AI Estimate
      $1,002,000
      Market price range: $444k - $1.46M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,445,000
      Current use
      AUTO REPAIR, GARAGE
      $2,050,000
      Change: +42% Conversion: Difficult
      MEDICAL BUILDING
      $1,975,000
      Change: +37% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Sumner
    State
    Tennessee
    Longitude
    -86.5151
    Latitude
    36.5793
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,283
    $91,000
    $63,840
    $154,840
    -
    $227,500
    $159,600
    $387,100
    More about this property
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