309 Military St Loretto, TN 38469
This exceptional mixed-use commercial property presents a unique investment opportunity in Loretto, Tennessee. Located on N Military St, this 1-acre lot boasts approximately 200 feet of road frontage and a depth of approximately 320 feet, ensuring high visibility and accessibility. The property benefits from city utilities, making it ready for immediate development or expansion. The high-traffic location on a main highway guarantees significant exposure for any business. The lot is currently comprised of two tax parcels, identified as Tax ID# 151B C 011.00 000 and Tax ID# 151B C 010.00 000. Note that a digital billboard currently situated on the property does not convey with the sale
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.