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Property profile & analytics
OFF-MARKET
Commercial real estate

306 Main St Ashland City, TN 37015

0.36 ac lot
Property ID
US80-0400499
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.36 ac (15,682 SF)
UPID US80-0400499
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
Current use
Occupant on record · Public records
  • #TheMuralonMain Community Garden
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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