2727 Palmyra RdPalmyra, TN 37142

Property Details for 2727 Palmyra Rd

Year built

1954

Lot size

4.77 AC

Property size (Sq ft)

19,835 SF

Zone code

AG

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

115F A 00300 000

APU

115FA00300000

Description

This exceptional 22,643 square foot mixed-use property, situated on a 4.77-acre lot at 2727 Palmyra Road in Palmyra, Tennessee, presents a compelling investment opportunity. Previously operating as a certified 72-bed nursing home, the building offers significant potential for redevelopment into various healthcare or residential uses. The property boasts a comprehensive security system including cameras and secured doors, enhancing its appeal for a range of potential uses. The building is equipped with PTAC heating and air conditioning units, ensuring climate control throughout. A backup generator provides peace of mind and operational continuity during power outages. The inclusion of a Smart Link time clock system further streamlines operational management. Given its substantial size, versatile infrastructure, and prime location in Palmyra, Tennessee, this property represents a rare chance to acquire a significant asset with considerable upside potential. The property's existing features, including the security systems and climate control, offer a solid foundation for a variety of redevelopment projects. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price is $1,875,000.

Location Insight

City

Palmyra

County

Montgomery

State

Tennessee

Latitude

36.4388

Longitude

-87.4881

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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