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Property profile & analytics

518 Broadway St Portland, TN 37148

  • Commercial real estate
  • 3.20 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-0614561
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 518 Broadway St

Lot size
3.20 lot acres
Property type
Commercial real estate

Description

This exceptional 3.2-acre commercial property boasts an unparalleled location in Portland, Tennessee's thriving business district. Situated on Broadway Street South, this lot offers 197 feet of frontage along Highway 109, ensuring maximum visibility and accessibility for any commercial venture. The high traffic counts on this major thoroughfare guarantee significant exposure to potential customers. The property's strategic placement is further enhanced by its proximity to established businesses such as O'Reilly Auto Parts, Sonic, and Ace Hardware, creating a synergistic environment for growth and success. While currently not zoned commercial, adjacent properties already hold commercial zoning, suggesting a straightforward rezoning process. This presents a unique opportunity to develop a wide range of commercial uses, capitalizing on the area's robust economic activity and high demand for commercial space. The expansive lot size provides ample room for construction and development, allowing for flexibility in design and scale. This is a rare chance to acquire a prime piece of commercial real estate in a rapidly expanding market. Don't miss this opportunity to establish your business in a highly visible and convenient location. The property is priced at $425,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Portland
County
Sumner County, TN
State
Tennessee
Longitude
-86.51212
Latitude
36.57415
More about this property
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