208 2Nd St Parsons, TN 38363
This exceptional 11,761.2 square foot lot, located at 208 W 2nd Street in Parsons, Tennessee, presents a unique opportunity for both commercial and residential development. Situated in Decatur County, zip code 38363 (latitude 35.6478888, longitude -88.1301333), this property offers significant potential. The land is zoned for both commercial and residential use, providing flexibility for a variety of projects. Imagine the possibilities – a thriving business alongside a comfortable home, or a multi-unit residential development. The asking price is $32,500. This property boasts the significant advantage of readily available city water and sewer lines, streamlining the construction process and minimizing upfront infrastructure costs. The location offers a peaceful, tranquil neighborhood setting while maintaining convenient access to urban amenities. This is a rare opportunity to acquire a sizable lot in a desirable location, ready for immediate development. Don't miss your chance to secure this versatile property and bring your vision to life in the charming town of Parsons, Tennessee. The lot is ready for your development plans.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.