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Property profile & analytics
OFF-MARKET
Retail space

7680 Hillsboro Hwy Hillsboro, TN 37342-3147

1,872 SF 0.15 ac lot Built 1900
Trust Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US80-1163490
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of three income-producing buildings situated on a one-acre lot in Hillsboro, Tennessee. The portfolio comprises a total of 4,000 square feet and includes three rental units. The main property, located at 7680 Hillsboro Hwy, is a two-unit building, recently remodeled and equipped with modern appliances (stove, refrigerator, microwave, dishwasher, and washer/dryer) in each unit. Each of these units currently commands a monthly rent of $1,400. A second building, situated at 7696 Hillsboro Hwy, is a charming three-bedroom, one-bathroom brick home, currently leased for $1,300 per month. Finally, a third building on the property offers significant potential for conversion into a desirable three-bedroom, two-bathroom rental unit. The asking price for this entire portfolio is $699,900, representing a price per unit of $233,300 and a price per square foot of $174.97. This property presents a strong cash flow opportunity with significant upside potential. Please respect tenant privacy and refrain from disturbing occupants or placing signage on the property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 1,872 SF
Lot 0.15 ac (6,534 SF)
APN 016101K C 00900
UPID US80-1163490
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
The Menn Trust · 1 yrs held
The Menn Trust
since 2024
Last sale
$40,000
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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