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Property profile & analytics
OFF-MARKET
Commercial real estate

208 2Nd St Parsons, TN 38363

Property ID
US80-1737123
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US80-1737123
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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