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Property profile & analytics
OFF-MARKET
Parking lots & garages

214 Woodruff St Madison, TN 37115

0.42 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US80-1698265
Property summary
AI-generated overview

This exceptional mixed-use property, encompassing 8,000 square feet on a 0.42-acre lot at 214 Woodruff Street in Madison, Tennessee, presents a compelling investment opportunity. The property, which includes the adjacent 210 Woodruff Avenue, is currently configured as a single building and has served as the home of Madison Lodge 762. The lodge's relocation creates this unique chance to acquire a well-maintained, two-story structure ideally situated in the heart of Madison. Constructed of durable prestressed concrete and brick, the building is in excellent condition and boasts ample parking accommodated by a substantial concrete parking lot. The substantial square footage offers significant versatility for a variety of commercial uses, allowing for creative adaptation to suit diverse business needs. The property's prime location within Madison ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors seeking a strong foothold in a thriving market. The 0.42-acre lot provides ample space for expansion or outdoor amenities, further enhancing its potential. This is a rare opportunity to acquire a well-established building with significant upside in a desirable Tennessee location. The asking price is $1,750,000.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.42 ac (18,295 SF)
Zoning code CS
APN 042-16-0-091-00
UPID US80-1698265
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MADISON LODGE NO 762
MADISON LODGE NO 762
Zoning & alternative use
CS · Madison, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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