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Property profile & analytics
OFF-MARKET
Commercial real estate

478 Chancery St McMinnville, TN 37110

0.91 ac lot
Individually Owned 1-yr Hold
Property ID
US80-1972099
Property summary
AI-generated overview

This exceptional 0.91-acre commercial land parcel presents a rare opportunity in McMinnville, Tennessee. Located at 478 N Chancery St, this property boasts high visibility and convenient access from two major streets: N Chancery Street and Walker Street. The site, already cleared and ready for development, offers approximately 141 feet of frontage on N Chancery Street and approximately 60 feet on Walker Street. Zoned C-2, this land is ideal for a wide range of commercial ventures. Its strategic location within the expanding town of McMinnville ensures strong potential for growth and return on investment. The three parcels comprising this property provide ample space for new construction, making it an attractive proposition for entrepreneurs and investors seeking a prime location in a thriving market. The asking price is $899,900. This is one of the few remaining vacant commercial sites in McMinnville, making this a truly unique opportunity. Don't miss out on this chance to establish your business in a highly visible and accessible location.

Property profile
Verified
Property type Commercial real estate
Lot 0.91 ac (39,640 SF)
UPID US80-1972099
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Billy Foutch · 1 yrs held
Billy Foutch
since 2025
3 recorded transactions
2025
$400,000
2024
$375,000
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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