306 Main St Ashland City, TN 37015
This exceptional 0.36-acre commercial lot, located at 306 N Main St in Ashland City, Tennessee, presents a unique investment opportunity. Zoned C2, this level lot boasts existing utilities and is situated in the downtown overlay district, offering versatile development potential. Currently configured for use with the adjacent 308 N Main St property (available for separate purchase), the seller will block parking access from N Main St to 308 if this lot is purchased independently. The property's prime location directly across from the new city hall under construction ensures high visibility and accessibility. Preliminary information suggests the possibility of constructing a three-story mixed-use building, subject to all necessary approvals and permits. The 2021 renovation of existing structures on the adjacent property may offer insights into potential development costs and timelines. Detailed information, including zoning documents and relevant links, is available upon request. All potential buyers are responsible for verifying all information deemed important for the purchase and sale of this property. The asking price for this exceptional commercial lot is $305,000.
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#TheMuralonMain Community Garden
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.