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Property profile & analytics
OFF-MARKET
Retail space

202 Main St Decherd, TN 37324-3007

2,288 SF 0.06 ac lot Built 1900
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US80-0290832
Property summary
AI-generated overview

This prime commercial property located at 202 E Main St, Decherd, TN 37324, presents a fantastic investment opportunity. The asking price is $300,000 for two commercial buildings situated on a 0.07-acre lot. Boasting over 4,000 square feet of space, these buildings offer significant income potential. Their convenient location on E Main St ensures high visibility and traffic, making them ideal for a variety of retail businesses. Key features include easy access, ample front door parking, substantial storage space, and recently updated bathrooms. The flexible layout allows for a single large business or the possibility of separating the buildings into two distinct rental units, maximizing rental income. The seller is motivated and encourages offers. This property is a rare find in a high-demand area, offering a unique chance to establish or expand a thriving commercial enterprise. The buildings are being sold only; the land is included in the sale. Don't miss this chance to own a piece of Decherd's vibrant commercial landscape. Act quickly, as this property is expected to sell fast.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 2,288 SF
Lot 0.06 ac (2,500 SF)
APN 026056O E 02001
UPID US80-0290832
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
  • Rise and Shine Country Pickings Home Decor Store Department Store
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
Larry Sanson · 10 yrs held
Larry Sanson
since 2015
2 recorded transactions
2015
$17,500
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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