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Property profile & analytics
OFF-MARKET
Retail space

300 Main St Decherd, TN 37324-3006

4,269 SF 0.05 ac lot Built 1900
Individually Owned 3-yr Hold Free & Clear
Property ID
US80-1836911
Property summary
AI-generated overview

This exceptional investment opportunity encompasses two adjacent mixed-use buildings located at 300 and 302 E Main St, Decherd, TN. The combined property boasts a substantial 5,000 square feet of space situated on a 0.09-acre lot. Currently generating income, the property is fully leased to Vision Church, providing a stable and reliable cash flow for the new owner. This presents a rare chance to acquire a turnkey investment in a thriving Tennessee community. The individual tax IDs for the properties are 056O E026.00 (300 E Main St) and 056O E 026.01 (302 E Main St). The asking price for this combined property is $392,500, offering a compelling return on investment. The property's mixed-use zoning allows for a variety of potential future uses, making it an adaptable and valuable asset. This is an excellent opportunity for investors seeking a stable, income-producing property with significant upside potential. The current lease agreement with Vision Church provides a strong foundation for immediate returns, while the property's versatility allows for future growth and adaptation to changing market demands. Don't miss this chance to acquire a prime commercial property in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,269 SF
Lot 0.05 ac (2,000 SF)
APN 026056O E 02600
UPID US80-1836911
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jared Shetters · 3 yrs held
Jared Shetters
since 2023
Last sale
$260,000
3 recorded transactions
2023
$260,000
2023
Price N/A
2005
$30,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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