297 Main St Parsons, TN 38363
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.
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
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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.