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Property profile & analytics
OFF-MARKET
Commercial real estate

297 Main St Parsons, TN 38363

0.7 ac lot
Property ID
US80-1033405
Property summary
AI-generated overview

This exceptional 0.7-acre commercial lot presents a unique opportunity for business owners seeking a high-visibility location in Parsons, Tennessee. Situated on the bustling Highway 412/East Main Street, this property enjoys a prime position within the city's business district. Neighboring established businesses include Napa Auto Parts, Cath leen's shop, Mi Pueblito Mexican Restaurant, and Corner Grill, ensuring high traffic and excellent exposure. The lot is zoned for residential use, offering flexibility for a variety of commercial ventures. Its convenient location offers easy access to Interstate 40, situated approximately 15 minutes away, bridging the gap between Memphis and Nashville. The Tennessee River is only five miles distant, adding to the area's natural appeal. This property is ideal for entrepreneurs looking to establish a thriving business in a close-knit community with a strong sense of local pride. The asking price for this exceptional opportunity is $89,500. Don't miss this chance to build your business's future in a vibrant and accessible location. The property's address is 297 E Main St, Parsons, TN 38363, Decatur County.

Property profile
Verified
Property type Commercial real estate
Lot 0.7 ac (30,492 SF)
UPID US80-1033405
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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