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Property profile & analytics
OFF-MARKET Estimated value $735,000
Office Spaces

31st Hwy Hwy Portland, TN 37148

3,036 SF 12 ac lot Built 2007
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US80-1438869
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2007
Construction FRAME
Total area 3,036 SF
Lot 12 ac (522,720 SF)
Zoning code IG
APN 083018 00601
UPID US80-1438869
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
$565k
Comparable Approach Comparable
$827k
Blend (final) Blend
$735k
Owner & transaction history
Taylor Real Estate LLC
Taylor Real Estate LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
IG · Portland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

8-102.2 IG, GENERAL INDUSTRIAL DISTRICTS This class of district is intended to provide space for the types of industrial activities which by reason of volume of raw materials or freight, scale of operation, type of structures required, or other similar characteristics require locations relatively well segregated from non-industrial uses. New residential acti…

Zone name General Industrial
General category INDUSTRIAL
Zone area 1,793.75 ac
Source Ordinance
Top alternative use upside
Auto repair, garage $1.2M +42.0%
Medical building $1.1M +36.8%
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