404 Johnson St Newbern, TN 38059
This exceptional commercial property, located at 404 E Johnson Street in Newbern, Tennessee, presents a unique investment opportunity. Boasting a substantial 2,856 square feet of space, this building offers significant potential for a variety of commercial uses. The property sits on a lot with no acreage, making it ideal for businesses that require convenient access and minimal land maintenance. The building's versatile layout allows for customization to suit diverse operational needs. Its strategic location in Newbern provides excellent visibility and accessibility, ensuring high traffic flow and potential customer reach. The asking price of $169,900 represents a compelling value for a property of this size and potential in this thriving Tennessee community. This is an excellent opportunity for entrepreneurs and investors seeking a strong foothold in the Newbern market. The property is classified as "Other" in terms of property type, suggesting flexibility in its potential applications. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's internal layout and specifications are available upon request. Don't miss this chance to acquire a prime commercial space in a growing area. Act quickly, as opportunities like this are rare.
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
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.