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OFF-MARKET
Mixed-use properties

5419 Highway 41A Joelton, TN 37080

1,596 SF 1.41 ac lot Built 1947
Property ID
US80-1944487
Property summary
AI-generated overview

This exceptional 1,596 square foot mixed-use property, situated on a 1.41-acre lot at 5419 Highway 41a in Joelton, Tennessee, presents a compelling investment opportunity. The property boasts a currently rented residential home generating $1,600 per month in rental income (month-to-month lease). In addition to the residential component, a garage on the property is also rented, producing an additional $250 monthly income. This creates a strong existing cash flow stream for the new owner. The property's location offers convenient access to interstate highways, making it an ideal location for a variety of commercial ventures. The existing home could easily be converted into office space, expanding the property's potential. The substantial lot size also allows for future expansion or development. The property's versatility makes it suitable for a range of uses, from a small business office to a combination of residential and commercial operations. Further land is available for acquisition, providing an opportunity to expand the property's footprint. This property is priced at $449,900 and offers a unique blend of income generation and development potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Mixed-use properties
Year built 1947
Total area 1,596 SF
Lot 1.41 ac (61,420 SF)
UPID US80-1944487
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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