107 Jackson RdPortland, TN 37148

Property Details for 107 Jackson Rd

Year built

1920

Property size (Sq ft)

1,702 SF

Property type

Land

Property subtype

Commercial land

APN

083033H H 02100

APU

083033HH02100

Description

This exceptional 0.2-acre corner lot at 107 Jackson Rd in Portland, Tennessee presents a unique investment opportunity. Its strategic location on a high-traffic section of TN 52 ensures maximum visibility for any commercial venture. The property's proximity to Portland City Park adds to its appeal, offering convenient access for customers and employees. Currently generating a consistent annual income of $1,600 from a billboard lease with Lamar, this revenue stream provides immediate return on investment. The billboard lease agreement allows for removal by the new owner within 30 days of purchase upon written request to Lamar. This versatile property is ideally suited for a variety of small businesses, particularly those benefiting from high visibility, such as a drive-thru coffee shop or similar retail establishment. Its location directly across from Volunteer State Bank further enhances its desirability and potential for success. The property is offered at $150,000, representing a compelling opportunity to acquire a prime commercial lot in a thriving Tennessee community. The absence of existing building structures allows for complete customization to suit the buyer's specific business needs and vision. Don't miss this chance to own a piece of Portland's vibrant commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $336,544

  Hospitality

  $308,273

  Educational

  $256,479

  Medical

  $265,300

  Retail

  $398,968

Location Insight

City

Portland

County

Sumner

State

Tennessee

Latitude

36.577

Longitude

-86.5168

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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