For Sale
$200,000

4500 Lake Springs RdPortland, TN 37148

870,000 SF Vacant Industrial/Commercial Building

Overview

Added:
Dec 11, 2024
Days on market:
114
This expansive 870,000 square foot mixed-use property, located at 4500 Lake Springs Rd, Portland, Tennessee 37148, presents a significant investment opportunity. Currently vacant, this fee simple ownership offers substantial potential for a variety of commercial or industrial uses. The property boasts a prime location with 1,000 feet of Interstate frontage on I-65, exit 121, providing exceptional visibility and accessibility. The asking price is $200,000, translating to a price per square foot of $0.23. Given the current vacancy, the net operating income (NOI) is $0 and the cap rate is 0.00%. The property is situated in Robertson County, Tennessee, offering access to a growing market and strong transportation infrastructure. This large-scale property is ideal for owner-users seeking a substantial footprint in a strategic location. The property's size and highway frontage make it suitable for a wide range of development possibilities. Serious inquiries are encouraged to explore the full potential of this unique investment. No air rights are included in this sale.

Highlights

  • 870,000 SF mixed-use property in Portland, TN.
  • Fee simple ownership, currently vacant.
  • $200,000 asking price ($0.23/SF).
  • 1,000 feet of I-65 frontage (Exit 121).
  • Located in Robertson County, TN.

Property Details for 4500 Lake Springs Rd

Property type
Mixed-use properties
Square Feet
870,000 SF

Location Insight

City
Portland
County
Robertson
State
Tennessee
Latitude
36.636387226223
Longitude
-86.574534961239
4500 Lake Springs Rd, Portland, Tennessee

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4500 Lake Springs Rd
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