Property profile

468 Main St Medina, TN 38355

OFF-MARKET
Commercial real estate
Property ID
US80-1354350
13,035 SF 4.69 ac lot Built 1984
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9.45-acre parcel, encompassing 411,642 square feet, presents a rare opportunity for residential development in the heart of Medina, Tennessee. Located at 468 N Main Street, this property offers a unique blend of city convenience and tranquil country living. The land is beautifully situated, surrounded on three sides by mature trees, providing a serene and private atmosphere despite its central downtown location. All city amenities are readily accessible, offering residents a convenient lifestyle. The expansive lot size allows for significant development potential, catering to a variety of residential projects. The address is 468 N Main Street, Medina, TN 38355, within Gibson County. This property is zoned for residential use (verification of zoning regulations is recommended). The asking price for this remarkable piece of land is $160,000. Given its size, location, and serene setting, this property represents a compelling investment opportunity for those seeking to build in a desirable and convenient location. Serious inquiries are encouraged to explore the possibilities this unique property offers. Coordinates are 35.8111054 latitude and -88.7697903 longitude.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Construction FRAME
Total area 13,035 SF
Lot 4.69 ac (204,296 SF)
APN 176 03026
UPID US80-1354350

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

468 Main St Medina, TN 38355
Medina metro Census 967100 JACKSON, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$792k
Blend (final) Blend
$735k

Owner & transaction history

since 2012
4 recorded transactions
2012
$405,000
2004
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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